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Morning Edition · Friday, October 16, 2026Published at 1:52 AM EDT · New York
Judge Refuses to Cancel Gemini's $5 Million CFTC Penalty as White House Crypto Office Sits Empty
A federal judge rejected the joint request from the regulator and the exchange to undo the settlement. Patrick Witt's departure leaves the president's digital-assets council without a director.
A United States federal judge rejected a joint bid by Gemini and the Commodity Futures Trading Commission (CFTC) to overturn a $5 million settlement and left the original order in place, crypto.news reported. In May, the agency and the exch…
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Crypto Market-Structure Bill Stalls in the Senate
Ethics disputes over the president's personal crypto ventures keep displacing the substance of United States market-structure legislation, leaving digital-asset rules dependent on agency discretion rather than statute.
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