In 2023, the cryptocurrency industry witnessed a notable chapter in its history, particularly within the United States. While the SEC’s rigorous actions against major exchanges and coins have created a challenging environment, the impact has been far-reaching. Amidst the market’s roller coaster ride, the struggle to reach a bullish trajectory
Coinbase, the second largest cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC) entered the courtroom today for the first time as part of the SEC’s lawsuit against the crypto exchange. The outcome of this legal battle holds implications not only for Coinbase but also for the global crypto
The United States District Court for the District of New Hampshire has released its final judgement in the case of SEC v. LBRY. The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933 and penalizes the company accordingly. In light of the continuing legal struggle
Ripple (XRP) is experiencing a surge in bullish sentiment as recent positive developments fuel optimism among investors. A comprehensive security audit of an Automated Market Maker (AMM) on the XRP Ledger, conducted by CertiK, has reinforced confidence in Ripple’s security measures, attracting more participants to the ecosystem. The audit’s successful
HQMENA, a leading events management company, is proud to announce the upcoming Crypto Expo Dubai 2023, set to take place on September 20-21, 2023. This highly anticipated event will bring together global experts, innovators, and thought leaders in the crypto industry to explore the latest advancements, trends, and opportunities in
U.S. Securities and Exchange Commission (SEC) argues in a new filing revealed on Friday that Coinbase knew years ago that federal securities laws would apply to its listings. In response to a filing by Coinbase, in which the company contended that the regulator lacked the power to sue it, the
After a recent bear push that affected the crypto market, popular on-chain data aggregator Santiment tweeted that XRP and ADA had strong possibilities of a return in the near future. Santiment reports that after last week’s spike in gains, several cryptocurrencies including XRP and ADA being sold at a loss.
Binance, the largest cryptocurrency exchange in the world, has long been a prime focus of regulatory attention in the United States. It was suggested that the abrupt departure of numerous key executives from the US branch of the exchange was related to aggressive enforcement activities, especially by the SEC. While
The Canada Securities Administrators (CSA) have issued new rules for investment funds that hold or intend to engage in crypto assets, focusing particularly on meeting the requirements of securities legislation. Unlike the US SEC, Canada is acknowledging the benefits of crypto and Bitcoin and is progressively loosening restrictions on investment
As part of a new military assistance package worth up to $800 million for the war effort against Russia, the Biden administration has agreed to supply cluster bombs to Ukraine, and it is likely that the Pentagon will ship thousands of them on Friday, as per anonymous sources. Bradley and
