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1. Gemini agrees to pay $5 million to settle CFTC charges, reflecting that regulatory agencies are continuously strengthening their oversight of cryptocurrency exchanges, requiring them to strictly adhere to financial regulations. At the same time, Gemini emphasizes its commitment to compliance and transparency, which is crucial for enhancing its reputation and user trust in the market. In the future, as regulatory policies continue to improve, cryptocurrency exchanges need to continuously strengthen their compliance framework to ensure legal and compliant business operations to gain market and user recognition.