SEC
Gary Gensler Signals Green Light for Ether ETFs: Will Approval Come Before Elections?
Reports indicate that the Securities and Exchange Commission may soon approve the first spot Ether exchange-traded funds (ETFs), a decision that could reshape the cryptocurrency landscape. A Reuters report suggests...
Binance.US Exits Washington State as Regulatory Challenges Mount
Binance.US, the American arm of the global cryptocurrency exchange, will cease operations in Washington state on August 20, 2024, following the loss of its operating license amid heightened regulatory scrutiny....
Ripple Looks to Future After Court Ruling Clears Path for XRP Growth
Ripple’s President, Monica Long, expressed optimism about the company’s future following a recent court ruling clarifying XRP’s status as a non-security, signaling a pivotal moment in the ongoing legal battle...
XRP Struggles Despite Ripple’s Legal Win Over SEC
A California court ruling favoring Ripple Labs in its ongoing legal battle with the U.S. Securities and Exchange Commission has sent ripples through the cryptocurrency market, yet the price of...
Ripple’s Legal Outcomes Inject New Dynamics to XRP’s Price Behavior
Recent events surrounding Ripple have injected more dynamics into the firm’s ongoing legal challenges, affecting XRP’s price behavior. The embattled altcoin gained 0.02% last Friday following a partial court victory...
Gemini Founders Breach Bitcoin Donation Cap in Trump 2024 Fundraising
Gemini co-founders Cameron and Tyler Winklevoss overstepped federal campaign contribution limits with their Bitcoin donations to Donald Trump’s 2024 presidential bid, underscoring the former president’s deepening ties to the crypto...
BlackRock, Fidelity Lead Charge in Updated Filings for Spot Ethereum ETFs
Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Invesco, VanEck, and 21Shares have all submitted updated filings for their spot Ethereum exchange-traded fund (ETF) applications, marking a significant step forward in the...
What’s Behind Ripple’s Mysterious 250 Million XRP Move?
Ripple Labs’ transfer of 250 million XRP to an unknown wallet has sparked speculation within the cryptocurrency community, especially considering the current bearish market conditions and the company’s ongoing legal...
Terra’s Collapse: The Fallout Reaches a Prime Minister’s Office
News media agency, Vijesti reported that court documents released by the U.S. Securities and Exchange Commission revealed Montenegrin Prime Minister Milojko Spajic as an early investor in Terraform Labs, the...
Ethereum Rally Anticipated as Regulatory Concerns Ease
Ethereum’s (ETH) price has plummeted from a weekly high of over $3,600 to $3,374, but market analysts believe the cryptocurrency’s bearish phase may be nearing its end from the most...
XRP Investors Cry Foul Over SEC’s Ethereum Favoritism
The XRP community is crying foul over the SEC’s perceived favoritism towards Ethereum, sparking outrage and calls for legal action. The controversy stems from the SEC’s recent decision to drop...
SEC Backs Down on Ethereum, but ConsenSys Isn’t Backing Out
The Securities and Exchange Commission has ended its investigation into Ethereum, a major win for the cryptocurrency ecosystem. However, software firm ConsenSys, a key player in the Ethereum space, has...
Binance US Hit With Another License Revocation in North Dakota
North Dakota has become the latest state to revoke Binance US’s license to operate as a money transmitter, citing compliance failures and the legal troubles of its founder, Changpeng Zhao....
Nigerian SEC Issues Warning on Davido-Linked Meme Coin $DAVIDO
The Nigeria Securities and Exchange Commission (SEC) has issued a warning against investing in $DAVIDO, a meme coin linked to Nigerian musician David Adeleke, also known as Davido. The warning,...
Terraform Precedent: SEC Challenges Ripple’s Fine Appeal
In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission, the regulator has responded to Ripple’s challenge regarding the proposed $2 billion fine. The SEC’s response,...
SEC Chair’s Stance on Crypto Could Impact Biden’s Re-election Bid
Billionaire investor and cryptocurrency advocate Mark Cuban has warned that the Securities and Exchange Commission’s aggressive regulatory approach, spearheaded by Chairman Gary Gensler, could jeopardize President Joe Biden’s re-election bid....
Terra’s $4.5 Billion Fine: A Warning Shot to Crypto Fraudsters
In a decisive move against fraud in the cryptocurrency sector, a federal judge has approved a $4.5 billion settlement between the Securities and Exchange Commission and Terraform Labs, along with...
Ripple Slams SEC for ‘Unreasonable’ Penalties, Cites Terraform Precedent
Ripple Labs has accused the Securities and Exchange Commission of pursuing disproportionately harsh penalties against the company compared to other crypto-related cases. In a recent filing, Ripple cited the recent...
Crypto Community Divided Over Crenshaw’s Return to SEC
President Joe Biden’s renomination of Caroline Crenshaw for a second term as a U.S. Securities and Exchange Commissioner has sparked mixed reactions from the cryptocurrency community, with some fearing a...
Ethereum ETFs: ProShares Latest to Seek SEC Approval
ProShares has filed an application for an Ethereum Exchange-Traded Fund (ETF), the latest move in a flurry of activity that signals growing mainstream acceptance of cryptocurrencies. The Securities and Exchange...
Ripple’s Former Director Urges Firm To Begin Investing in New Companies
Ripple’s ex-director urged the firm to invest in another company. The former director advised the FinTech firm to embark on a reinvestment campaign. Ripple recently secured new partnerships across different...
Regulatory Showdown: ASA Takes SEC to Court Over FOIA Compliance
The American Securities Association (ASA) filed a lawsuit against the Securities and Exchange Commission (SEC) for alleged lack of transparency. The lawsuit underscores the ASA’s frustration over the SEC’s opaque...
US Appeals Court Rejects SEC Rules on Private Fund Disclosures
The Fifth Circuit Court of Appeals struck down U.S. Securities and Exchange Commission rules requiring private fund advisers to provide detailed disclosures to investors. The ruling, issued Wednesday, impacts the...
Can XRP Break Out of Its Slump? All Eyes on Crypto Regulations
The cryptocurrency sector is on the verge of potentially transformative global regulatory developments, with Ripple and its associated cryptocurrency, XRP, at the center of this evolving narrative. Clearer regulatory frameworks...
Mastercard and Visa Payments Return After a Hiatus on Binance
Binance has announced the reinstatement of crypto payment services through Mastercard and Visa. Binance revealed this decision via a recent X post, stating, “Use Mastercard, Visa, or SEPA for bank...
