Trump’s pivot on crypto leads SEC to seek settlement with Gemini

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The Securities and Exchange Commission (SEC)’s pivot in favor of crypto took another step as the agency indicated it wants to resolve a long-standing lawsuit against the crypto exchange Gemini.

In an April 1 letter to the U.S. District Court for the Southern District of New York, the SEC and Gemini jointly asked the court to stay the SEC’s lawsuit against Gemini for 60 days while the two sides “consider a potential resolution.”

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