CFTC attempts to reverse Gemini's $5 million settlement; former chairman calls it 'extremely unusual'
The U.S. CFTC is attempting to reverse a $5 million settlement with crypto exchange Gemini, a move criticized by a former CFTC chairman as 'extremely unusual'. This action raises regulatory uncertainty for stablecoins and the broader crypto market, signaling a potential shift in regulatory stance post-Trump.
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