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Gemini to Reimburse $1.1 Billion to Users Amid Regulatory Settlement
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Gemini to Reimburse $1.1 Billion to Users Amid Regulatory Settlement

DFS mandates Gemini to refund $1.1B to Earn users and pay a $37M fine due to oversight failures.

New York suggests charging crypto firms for regulation
deepseek

New York suggests charging crypto firms for regulation

The New York State Department of Financial Services (DFS) has submitted a proposed change in state laws that would allow it to charge licensed crypto companies for regulating them. The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls.

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