The US Securities and Exchange Commission (SEC) has decided not to take enforcement action against Gemini Trust Company, LLC, concluding its investigation into the company. This follows similar decisions made regarding Robinhood and Uniswap. Gemini co-founder Cameron Winklevoss confirmed the investigation lasted 699 days and criticized the SEC's regulatory actions, calling for reforms and compensation for affected companies. The SEC has also dropped lawsuits against Coinbase and OpenSea, and a joint motion was filed to suspend the lawsuit against Tron founder Justin Sun and his company. The SEC's new leadership signals a shift in regulatory approach and a renewed effort to establish clear crypto regulations. The SEC's crypto task force is working with industry leaders and experts to develop effective policies.



Other News from Today