Summary
- The New York court has postponed the trial date between Gemini and the CFTC to January 21.
- The lawsuit between Gemini and the regulatory agency has been postponed until after President-elect Trump's inauguration.
- It suggests the possibility of a change in the CFTC's stance towards Gemini and other cryptocurrency companies.
According to the cryptocurrency-focused media outlet Cointelegraph, a New York judge has postponed the trial date between the cryptocurrency exchange Gemini and the U.S. Commodity Futures Trading Commission (CFTC) from the original January 13 to January 21.
The specific reason for the postponement has not been disclosed.
Alvin Hellerstein, a judge at the New York District Court, emphasized that "no further delays will be allowed."
The media outlet noted, "The lawsuit between Gemini and the regulatory agency has been postponed until after the inauguration of U.S. President-elect Donald Trump," adding, "This may lead to a change in the CFTC's stance towards Gemini and other cryptocurrency companies."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
