The Securities and Exchange Commission (SEC) is considering dismissing a lawsuit against the Gemini exchange. The lawsuit, initiated in 2023, focused on allegations that Gemini offered unregistered securities in an effort to retain investors, according to reports. The development indicates a potential shift in the regulatory stance towards the exchange. The SEC's scrutiny of cryptocurrency exchanges and their offerings remains a key factor for investors and industry participants.

The Securities and Exchange Commission (SEC) is considering dismissing a lawsuit against the Gemini exchange. The lawsuit, initiated in 2023, focused on allegations that Gemini offered unregistered securities in an effort to retain investors, according to reports. The development indicates a potential shift in the regulatory stance towards the exchange. The SEC's scrutiny of cryptocurrency exchanges and their offerings remains a key factor for investors and industry participants.