SEC
The SEC Lawsuit Forced Ripple to Replace XRP With USDT As Bridge Currency
A renowned blockchain analyst identified as Crypto Eri on X has highlighted Ripple’s use of the USDT stablecoin as the bridge currency in ODL transactions. According to Crypto Eri, the...
SEC Seeks Public Comments on BlackRock’s Amended Spot ETH ETF Proposal
The United States Securities and Exchange Commission (SEC) has invited public comments on changes made to American firm BlackRock’s proposed spot Ethereum exchange-traded fund (ETF), indicating ongoing deliberations over the...
Ripple Files New Motions Challenging SEC’s Last-Minute Expert Testimony
Ripple has filed a motion to strike the new expert materials submitted by the U.S. Securities and Exchange Commission (SEC) in support of its motion for remedies and entry of...
Ripple Files for Remedies Opposition, Accuses the SEC of Intimidation
Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has accused the U.S. Securities and Exchange Commission (SEC) of intimidation following the ongoing case between Ripple and the regulatory commission. According to...
Court Accuses SEC of Gross Abuse of Power, Two Lawyers Resign
Two SEC lawyers have resigned following a federal judge’s rebuke of the agency’s abuse of power. Judge Robert J. Shelby accused the SEC of false and misleading arguments in a...
Thailand Regulators Crack Down on Rogue Crypto Exchanges
The Securities and Exchange Commission (SEC) announced Thailand’s decision to block unauthorized cryptocurrency platforms, indicating a notable change in its regulatory approach to digital assets. The goal is to strengthen...
Pundit Foresees XRP Between $100 and $10,000 After SEC Suit Ends
Members of the XRP community continue to speculate about XRP’s outlook upon the conclusion of the multi-year legal battle involving Ripple and the SEC. Community member Jack, with 212.6K followers...
Grayscale’s Latest Filing Will Introduce a Mini ETF With 0.15% Fees
Grayscale is doubling down in its pursuit of a Grayscale Bitcoin Mini Trust ETF. According to its filing, the firm set the Mini ETF management fees at 0.15%. Nate Geraci...
XRP Surges Amid Middle East Tension and SEC vs Ripple Case Update
XRP saw modest gains on Friday amid geopolitical strains in the Middle East. The SEC vs Ripple case update also triggered a potential resurgence for XRP. Ripple has until April...
Justin Sun Faces SEC’s Allegations Over Extensive Travel Across the US
The regulators allege that Sun traveled extensively across the US for business trips. Reinforcing their claims, the SEC argues that TRX and BTT were promoted and sold to investors across...
SEC’s Approach to Crypto Ambiguous; Debate Among Industry Leaders
Ladan Stewart, a former SEC crypto litigation leader argued that the SEC’s determination of whether a cryptocurrency is a security is contingent upon the context of its offering and sale....
XRP Takes Impact as Ripple, SEC Enter Final Pre-trial Conference Today
Widely circulated court documents concerning the legal case of Ripple and the SEC suggest that both parties could settle within the next 24 hours. In particular, the court document endorsed...
SEC Sent a Wells Notice to Decentralized Exchange Uniswap
Uniswap Labs confirmed that the DEX received a lawsuit warning from the SEC. The exchange’s legal chief said that the agency is overreaching its authority. Uniswap will fight this potential...
XRP Surges Past $0.62, Reversing the Pre-CPI Report Losses
XRP surges above the $0.62 mark, reversing the pre-CPI Report losses. XRP is trading at $0.6185 at press time, up 2.69% in the last 24 hours. On April 22, the...
Crypto Clash: Pro-XRP Lawyer Slams Senator Warren’s Regulatory Stance
Tailored regulations for each blockchain are crucial for fostering innovation while managing risks. The debate between policymakers and crypto advocates highlights the complexities of regulating the industry. Effective crypto regulation...
VanEck CEO Asks to Focus on Gas Fees Over Bitcoin and Ethereum ETFs
VanEck’s CEO prioritizes transaction fees over Bitcoin and Ethereum ETFs in the crypto industry. Solana and Layer 2 solutions offer cheaper and more predictable transaction costs for developers. Jan Van...
Ethereum Soars 8% to $3,717 as ETF Talks with SEC Heat Up
ETH surged to $3,717 over the past day, one of its highest levels in over a month. Experts believe the optimism stems from discussions between ETF issuers and the SEC....
SEC vs. TerraLabs: Defense Presents Final Arguments to Jury in Do Kwon Case
The U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and its co-founder, Do Kwon, is nearing its conclusion as the jury trial approaches its final stages. As...
Will Crypto Have to Go to The Supreme Court For Clarity?
Participants in the crypto market continue to clamor for clear crypto rules from U.S. regulators, particularly from the SEC, infamous for charging crypto firms with violating federal security laws. A...
SEC’s Advocates for Clear Crypto Regulations and Investor Safety
Gurbir Grewal, the SEC’s Division of Enforcement chief, at the SEC Speaks conference, articulated a persuasive argument for the necessity of stringent regulatory measures in the crypto space. He highlighted...
Ripple’s CLO Calls Out Inconsistencies in SEC “Guidance” on Crypto
Ripple’s Chief Legal Officer Stuart Alderoty has reacted to claims by U.S. SEC Director Gurbir Grewal regarding the crypto industry’s purported noncompliance. On Wednesday, Grewal denounced the crypto industry during...
What Awaits in May 2024? Spot Ethereum ETF Approval or Denial?
James Seyffart, an ETF Research Analyst at Bloomberg, reiterated his pessimistic beliefs on the Securities and Exchange Commission’s (SEC) Ethereum ETF approval. Seyffart remains cynical about the ETF approval due...
Ripple Chief Legal Officer Critiques SEC’s Approach Amidst Coinbase Ruling
In a recent statement, Ripple’s Chief Legal Officer, Stuart Alderoty, scrutinized the definitions of a crypto “ecosystem” as outlined in a March 27 court ruling concerning Coinbase. The ruling, made...
Ripple’s Legal Chief Reflects on Coinbase’s Loss to SEC, Citing XRP Lawsuit
Ripple’s Stuart Alderoty criticizes court decision in Coinbase vs. SEC lawsuit. He argued that the SEC persuaded the judge with arguments that lacked merit. Alderoty believes the upcoming challenge for...
Consensys Urges The SEC To Recognize Ethereum’s Advanced Safeguards
Consensys, a leading blockchain software technology company, has asked the U.S. Securities and Exchange Commission (SEC) to recognize the advanced safeguards inherent in Ethereum’s design. The company proposed this in...
