SEC
FTX Repayment Plan in SEC Crosshairs, Stablecoin Use Questioned
The SEC is taking a closer look at payments made to creditors of the collapsed FTX exchange. This comes as Adam Cochran voiced concerns about SEC oversight failures on social...
SEC Commissioner Advocates for Specialized Crypto S-1 Form at KBW 2024
At the Korea Blockchain Week 2024 event, SEC commissioner Mark T. Uyeda emphasized the need for the agency to create a specialized S-1 registration form for digital asset securities. He...
Ripple CLO Slams SEC’s “Fabricated” Terminology in Crypto Regulation Cases
Legal experts, including Ripple’s Chief Legal Officer, argue that the U.S. Securities and Exchange Commission (SEC) continuously attempts to mislead judges by using the term “crypto asset security” without legal...
XRP Whales Trigger Excitement: Price Rally Yet to Follow
XRP whales recently withdrew 806 million tokens worth over $400 million from the exchanges. According to a cryptocurrency analyst on the Cheeky Crypto YouTube channel, the whales’ actions sent massive...
Coinbase CLO Calls Out SEC’s Unclear Stance on FTX Repayment Plan
Coinbase’s Chief Legal Officer Paul Grewal has taken to X to criticize the U.S. Securities and Exchange Commission (SEC) for its unclear stance on FTX’s proposal to repay creditors using...
Kraken Cites Ripple Case in SEC Battle, But Judge Says Different
Legal analyst Bill Morgan has weighed in on the ongoing legal battle between cryptocurrency exchange Kraken and the U.S. Securities and Exchange Commission (SEC), reiterating a critical distinction. Kraken attempted...
US Judges: Crypto Tokens Not Inherently Securities
U.S. judges are providing clarity on the legal status of cryptocurrency tokens. In a series of recent rulings, judges have emphasized that tokens themselves are not inherently securities. These decisions...
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 and CEO of OpenSea, made...
SEC May Not Appeal Ripple Ruling, Lawyer Predicts
Digital assets lawyer Bill Morgan suggests the U.S. Securities and Exchange Commission (SEC) might forgo an appeal in the Ripple case if “merely legal considerations are influencing the decision.” This...
Ripple’s $125M Fine: Could the SEC End Up Paying Interest?
Key players in the crypto community are pondering the scenario of what might happen if there is an appeal in the recently concluded Ripple-SEC case. Attorney Fred Rispoli sparked a...
XRP Dips, Then Rebounds: Bullish Breakout on the Horizon?
XRP dipped yesterday, briefly aligning with a prediction by Cheeky Crypto on YouTube, before reversing course and continuing its upward climb. The seventh-ranked crypto fell to $0.57900 before closing at...
Kraken’s Fight Against SEC Continues: Dismissal Denied
In the latest development in the ongoing legal tussle between Kraken and the SEC, Willian H. Orrick, a federal high court judge, has denied the crypto exchange’s motion to quash...
Kraken Win: Court Rejects SEC’s ‘Tokens are Securities’ Claim
A U.S. federal court dealt a blow to the SEC’s regulatory approach, when it ruled that digital assets traded on Kraken were not securities. This ruling not only impacts the...
XRP’s Price Fluctuates as SEC Appeal Deadline Nears
XRP, Ripple’s digital asset, is experiencing price swings as the possibility of a U.S. Securities and Exchange Commission (SEC) appeal looms. The cryptocurrency, currently trading near $0.60, reflects broader crypto...
Binance’s Compliance Push: $200 Million and 1,000 New Hires
Binance, the world’s largest crypto exchange, recently shared its plans to bring on 1,000 new employees in 2024. Many of these new hires will focus on compliance, as the company...
Nigeria to Tax Crypto Transactions, Binance Under Scrutiny
Nigeria’s Federal Inland Revenue Service (FIRS) is gearing up to introduce a comprehensive taxation system for crypto transactions. This plan aims to streamline existing tax laws, boost revenue collection, and...
Terraform Labs Bankruptcy: Key Hearing Set for Sept 19
Terraform Labs Pte Ltd and Terraform Labs Limited, currently navigating Chapter 11 bankruptcy proceedings, have a crucial Plan Confirmation Hearing scheduled for September 19, 2024, at 10:00 a.m. ET in...
Mango Markets Settles with SEC, MNGO Token Delists
Mango Markets, a DeFi platform, has reached a settlement with the U.S. Securities and Exchange Commission (SEC), even though the SEC has not officially accused them of any wrongdoing. This...
SEC’s Solana Concerns Stall ETF Launch
The SEC’s worries over Solana’s (SOL) security status have put the brakes on the proposed Solana ETFs applications from VanEck and 21Shares. Following a meeting with potential issuers, the SEC’s...
Nigeria Crypto Tax: New Regulations Coming in 2024
Nigeria’s Federal Inland Revenue Service (FIRS) is proposing new crypto regulations, aiming to streamline tax rules and tackle potential risks in the rapidly growing crypto market. The agency is seeking...
Can Kamala Harris Gain Crypto Support? Advocates Aren’t Convinced
Bill Morgan has sparked a debate over Kamala Harris’s stance on digital assets as the 2024 U.S. presidential election nears. In a recent post on his X account, Morgan criticized...
XRP’s Path to a New All-Time High: ETF Hopes & Wells Fargo Boost
XRP optimists forecast a potential surge for the altcoin, possibly pushing its price to a new all-time high (ATH) if the SEC approves an XRP ETF, among other factors. The...
Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule
The Senate recently passed H.J.Res. 109, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. This resolution, approved by a 60-38 vote, seeks to lift restrictions that...
XRP’s Future Secure, Even with SEC Appeal, Says Ripple CLO
Ripple’s recent partial victory against the Securities and Exchange Commission (SEC) has fueled speculation about a potential appeal from the regulators. Stuart Alderoty, Chief Legal Officer of Ripple, stated in...
Missed Opportunities at ‘Crypto for Harris’ Town Hall
Eleanor Terrett, a crypto journalist, in her blog post highlighted the shortcomings of the ‘Crypto for Harris’ town hall meeting held on Wednesday. The event, which aimed to address crypto...
