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SEC Requests 60-Day Delay in Gemini Trust’s Lawsuit Settlement Talks

  • The U.S Securities and Exchange Commission (SEC) filed a court request to postpone its Gemini Trust lawsuit for 60-days.
  • SEC officials claim that Gemini Trust's Earn program involved the sale of unregistered securities.
  • The requested delay signals a potential shift in SEC's approach to crypto regulation.
  • A settlement between Gemini and the SEC could improve clarity for U.S securities laws.

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