Crypto News Today: SEC Ends Gemini Case – What’s Next?

SEC Drops Gemini Probe, Cameron Winklevoss Demands Accountability

Crypto News Today: SEC Ends Investigation Into Gemini: What It Means for Crypto

The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into Gemini, the crypto exchange co-founded by Cameron and Tyler Winklevoss. This comes after nearly two years of investigation and 277 days after a Wells Notice was sent. While this is good news for Gemini, many in the crypto world believe the SEC’s actions have already hurt the industry.

SEC vs Gemini: A Closer Look

Gemini was under investigation for its "Earn" program, which the SEC claimed offered unregistered securities. However, the SEC has now decided not to take any legal action. While this looks like a win, Cameron Winklevoss says the fight with the SEC has cost Gemini millions in legal fees and slowed down innovation in crypto.

Winklevoss is calling for changes in the way agencies like the SEC regulate the crypto world. He believes companies should be paid back for legal costs if regulators start investigations without clear rules. He also says that SEC officials involved in these cases should be held responsible for their actions.

SEC’s Changing Approach to Crypto

Many people think the SEC’s attitude toward crypto is changing because of new leadership. Former SEC Chair Gary Gensler, who was tough on crypto, resigned in January 2025, the same day Donald Trump began his second term as U.S. President. Trump has said he wants to support crypto and create clearer rules. Many believe the SEC is pulling back due to legal losses, political pressure, and backlash from the industry. Several high-profile court rulings have challenged the SEC’s authority in crypto regulation.

People in the crypto world are hopeful that, instead of taking companies to court, the SEC will now focus on setting fair regulations. If the SEC keeps moving in this direction, it could be a big win for the crypto market. Investors might feel more confident, and we could even see approval for more crypto ETFs, which would help grow the industry.

Is This a Calm Before the Storm?

Some people see this as good news, but others wonder what it really means.  The SEC dropping so many cases in a short time like the Robinhood case, coinbase lawsuit, and uniswap, it makes some wonder if they are preparing for something bigger. Could they be working on new rules that might make things even harder for crypto businesses? No one knows for sure.

If the SEC’s new approach is truly about supporting growth, it could help crypto companies build new products and create more jobs. The crypto market has struggled recently, so positive regulation could bring new life into the space. On the other hand, if the SEC is just pausing before launching a new crackdown, it could cause big problems. Traders and investors might lose money, and companies might face more legal trouble in the future.

Final Thoughts

The SEC dropping its case against Gemini is a major event in the crypto world. But is this the start of a friendlier approach or just a short break before stricter rules? Only time will tell. One thing is clear—these decisions will shape the future of crypto.