The regulator took issue with Gemini's high-yield Earn product, which was terminated this week. Gemini has faulted Genesis for pausing withdrawals, which has kept investors from accessing millions.| Banking Dive
The company agreed to stop selling its interest-bearing account in the U.S. and launch a new one tailored to the Securities Act of 1933. Half of the settlement money will go to the SEC. The other $50 million will be split among 32 states.| Banking Dive
The U.K. crypto lender was reportedly in talks with regulators for 18 months to comply with U.S. financial laws.| Banking Dive