SEC
SEC Receives A Massive Cut in Budget for FY’25, Chair Gary Gensler Blamed
The United States Securities and Exchange Commission (SEC) will receive its lowest budget since FY 2023 thanks to the increased overspending under the Chairmanship of Gary Gensler. Last week, the...
XRP Speculators Await Ripple Vs SEC Outcome For Next Move
Judge Analisa Torres’ final verdict will determine XRP’s next line of action. The final decision and potential settlement present a few scenarios. Ripple faces between $10 million and $2 billion...
SEC vs. Ripple: Dissecting the Complexities of the XRP Lawsuit
The SEC vs. Ripple lawsuit is arguably the longest and most discussed court case in the cryptocurrency industry. What began as regulatory enforcement by the Securities and Exchange Commission (SEC)...
SEC’s Closed-Door Meeting Fuels XRP Rally, Settlement Hopes Rise
Crypto community members are actively sharing what they claim to be a memo for a special, closed-door meeting scheduled by the U.S. Securities and Exchange Commission for today, August 1,...
XRP Price Surge and Dip: What Does the SEC Lawsuit Mean for Investors?
XRP price soared to $2 on MEXC and TradingView, only to be met with a sudden rejection, as highlighted by analyst Amelie. This volatile movement has left many traders perplexed,...
Ripple CEO Criticizes SEC’s “Haphazard” Approach to Crypto Regulation
The United States Securities and Exchange Commission faces accusations of hypocrisy and haphazard regulation of digital assets under Chair Gary Gensler, particularly in its inconsistent classification of altcoins as securities....
SEC Backtracks on Solana, Cardano, Polygon Securities Claims in Binance Lawsuit
SEC withdraws its request to classify Solana, Cardano, and Polygon as securities in Binance lawsuit. The SEC and Binance have agreed on a schedule for briefing amendments to the complaint....
Ripple vs. SEC: Bill Morgan Clarifies Misconceptions and Legal Nuances
Prominent cryptocurrency lawyer Bill Morgan has addressed misconceptions surrounding the ongoing SEC vs. Ripple legal process. Morgan responded to claims that an SEC appeal is unlikely due to a weak...
SEC Amends Binance Lawsuit, Excluding Solana from Security Classification
The SEC has amended its lawsuit against Binance, removing Solana from the list of cryptocurrencies it alleged were securities. This move follows a recent court ruling that determined secondary sales...
XRP Investors Pin Hopes on August 1 SEC Meeting for Regulatory Clarity
Anticipation dampened last week as the keenly followed SEC close-door meeting, rumored to involve a potential settlement with Ripple, ultimately failed to deliver any significant updates on the case. However,...
SEC vs. Ripple Update: No Decision After Key Meeting, XRP Investors In Limbo
The U.S. Securities and Exchange Commission held a crucial meeting that the crypto community closely watched. Many expected the meeting to address the ongoing legal disputes involving Ripple Labs and...
Crypto in Nigeria: A Rollercoaster of Regulation, Arrests, and P2P Boom
Nigeria, Africa’s largest crypto market south of the Sahara, is experiencing a dramatic shift in its cryptocurrency landscape. Recent regulatory actions and high-profile cases, such as the arrest of Binance’s...
SEC Sues Citron Capital, Alleges Andrew Left Orchestrated $20M ‘Bait Trade’
The U.S. Securities and Exchange Commission has filed a lawsuit against activist short seller Andrew Left and his firm Citron Capital, alleging securities fraud. According to a July 26 statement,...
Trump’s Pro-Crypto Speech Fails to Rally XRP as SEC Pressure Intensifies
Donald Trump’s pro-crypto speech at Bitcoin 2024 failed to boost XRP’s price. Trump vowed to fire SEC Chair Gary Gensler on his first day in office. The ongoing SEC vs....
Donald Trump Promises To Fire Gary Gensler as SEC Chair On Day One
Donald Trump promised to sack Gary Gensler on his first day in office as president. The Bitcoin community applauded Trump’s statement. Trump plans to build a strategic national Bitcoin stockpile....
Senator Cynthia Lummis Introduces Strategic Bill: Bitcoin as a National Reserve
Senator Cynthia Lummis proposes to accept Bitcoin as a strategic reserve. According to the bill, Trump’s government will purchase 1 million Bitcoin, which is 5% of the total supply. Lummis’...
Ripple’s Legal Drama Continues: SEC Silence Fuels FUD, Crypto Community Reacts
The SEC’s silence following a closed-door meeting with Ripple on July 25, 2024, has miffed quite a few, and has the rumor mills running once more. Crypto twitter is also...
Grayscale’s Bitcoin Mini Trust ETF Approved by the SEC
The U.S. Securities and Exchange Commission (SEC) has approved the application submitted by Grayscale for a spot Bitcoin exchange-traded fund (ETF) on Friday, further solidifying the demand for Bitcoin-associated investment...
Institutional Bitcoin Adoption Surge: Michigan Pension Fund Invests $6.6M in BTC ETFs
The State of Michigan Retirement System, the pension fund responsible for managing retirement programs for Michigan’s state employees, has strategically invested $6.6 million in spot Bitcoin exchange-traded funds (ETFs), specifically...
Ripple vs. SEC: Case Drags On, But Here’s What’s Changed and Why It Matters
Ripple’s long-running legal battle with the SEC over the classification of its XRP cryptocurrency may be nearing a resolution, as CEO Brad Garlinghouse hints at a conclusion in an interview...
XRP Price Targets: $1 or $10? Community Divided as SEC Settlement Nears
Speculations on XRP pricing have been running amok within the community as the window for the Ripple lawsuit ending draws closer each day. While some commentators believe the end of...
XRP at $0.60 Crossroads: Settlement Rumors Dispelled, Court Ruling in Focus
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission continues to grip the cryptocurrency community. As speculation mounts about the case’s resolution, former SEC lawyer...
XRP’s Path Forward: RealUSD Launch, SEC Hearing, and Potential Market Impact
XRP fell 1.66% on Tuesday, July 23, after a 1.76% gain the previous day, closing at $0.5983. This drop aligns with a broader market downturn, where the total crypto market...
Ripple’s SEC Lawsuit Nears End: What a Settlement Could Mean for XRP
A rescheduled closed-door meeting at the Securities and Exchange Commission (SEC) has reignited speculation about a potential settlement in the ongoing legal battle between Ripple Labs and the regulator. The...
XRP Settlement: SEC Meeting Rescheduled, But Former Lawyer Douses Hopes
A rescheduled closed meeting at the Securities and Exchange Commission (SEC) has ignited renewed hope within the XRP community for a potential settlement in the ongoing legal battle with Ripple...
