CFTC and Gemini Ask Court to Vacate $5M Settlement
The U.S. Commodity Futures Trading Commission and Gemini Trust Company filed a joint motion in late May 2026 asking a federal court to vacate a January 2025 consent order. The order required Gemini to pay $5 million and accept a permanent injunction, but both sides now argue the underlying enforcement case was flawed.
Philippines Blocks Coinbase and Gemini Amid Wider Crackdown on Unlicensed VASPs
The Philippines blocked access to Coinbase and Gemini effective December 23, 2025, a move confirmed by regulators on December 24, 2025 that targets unlicensed virtual asset service providers (VASPs) and enforces existing licensing rules. The National Telecommunications Commission (NTC), acting under directives from the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission […]