How the Gemini case reshaped U.S. crypto regulation
The U.S. Securities and Exchange Commission has dropped its enforcement case related to crypto lending against Gemini, marking a significant development in the long running regulatory battle over how digital asset lending products should be treated under U.S. law, News.Az reports.
The case focused on whether Gemini’s crypto lending offering constituted an unregistered securities product and therefore violated federal securities rules.
By stepping back from the case, the regulator effectively closed one of the most closely watched crypto enforcement actions of recent years. The decision does not rewrite existing law, but it reshapes the immediate regulatory landscape and sends a strong…
