SEC
OpenSea Faces SEC Scrutiny Over NFT Classification
The U.S. Securities and Exchange Commission (SEC) is scrutinizing OpenSea, the world's leading NFT marketplace, potentially classifying NFTs as unregistered securities. Devin Finzer, the Co-founder…
SEC May Not Appeal Ripple Ruling, Lawyer Predicts
SEC will not appeal the decision in XRP lawsuit if legal considerations are taken into account. Lawyer Bill Morgan highlighted that judges in Binance and…
Ripple’s $125M Fine: Could the SEC End Up Paying Interest?
Attorney Fred Rispoli questions if Ripple could receive statutory interest if it wins an appeal and the $125 million SEC penalty is returned. James Farrell…
XRP Dips, Then Rebounds: Bullish Breakout on the Horizon?
XRP declined to fulfill the fifth leg of a bearish Elliot Wave on the hourly chart. Yesterday’s decline pushed XRP into a potential buying area.…
Kraken’s Fight Against SEC Continues: Dismissal Denied
A federal high court judge has dismissed Kraken’s motion to dismiss. The judge said the SEC’s claims against Kraken are “reasonable.” The SEC accused Kraken…
Kraken Win: Court Rejects SEC’s ‘Tokens are Securities’ Claim
The court in the Kraken case rejected the SEC’s “tokens are securities” theory. The SEC’s “crypto asset security” concept was “unclear at best and confusing…
XRP’s Price Fluctuates as SEC Appeal Deadline Nears
XRP's price hovers near $0.60 amid SEC appeal uncertainty and ongoing market volatility. Former Bitfury CEO compares XRP's price fluctuations to Google's early stock volatility. …
Binance’s Compliance Push: $200 Million and 1,000 New Hires
Binance has announced its plans to hire 1000 employees this year, especially to strengthen the compliance department. The platform’s annual regulatory compliance spending has exceeded…
Nigeria to Tax Crypto Transactions, Binance Under Scrutiny
Nigeria's FIRS targets crypto transactions with a new taxation framework in 2023. Binance faces scrutiny in Nigeria for alleged $20B untaxed turnover and tax violations.…
Terraform Labs Bankruptcy: Key Hearing Set for Sept 19
Terraform Labs' crucial bankruptcy hearing is set for Sept. 19, 2024, to approve the liquidation plan. Voting on Terraform Labs' liquidation plan is critical as…
