Published: Jan 24, 2026 at 22:40
The U.S. Securities and Exchange Commission (SEC) filed a joint stipulation today, January 24, 2026, to dismiss its long-running lawsuit against Gemini Trust Company with prejudice.
This decision effectively ends years of litigation regarding the “Gemini Earn” program and marks a significant retreat for the commission as it adapts to a new, pro-innovation legislative era.
A turning point for digital finance
The dismissal comes just days after the SEC faced intense pressure from the Senate Banking Committee to align with the 2025 Executive Order on the “Strategic Digital Asset Stockpile.” By dropping the case with prejudice, the SEC is barred from refiling the same claims, giving Gemini and the broader crypto-lending industry the legal “green light” they have sought for over three years.
Why this matters now
This move suggests that the SEC is pivoting away from “regulation by enforcement” toward a more collaborative framework under the Clarity Act guidelines. Major banks, which had been hesitant to partner with Gemini during the litigation, are expected to resume custody and settlement integrations immediately.
The news has acted as a buffer for the market, preventing a deeper slide during the current geopolitical selloff.
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Source: https://coinidol.com/sec-drops-lawsuit-against-gemini/
