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
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
ConsenSys is beginning to onboard partners to their Linea network, which has generated substantial scaling milestones in testing. And this is great news for the Ethereum ecosystem as a whole. Linea is a layer-2 scaling network for Ethereum that facilitates the creation of, and migration to, decentralized applications. It uses
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
Ripple’s University Blockchain Research Initiative (UBRI) was the first of its kind when it was created five years ago. Pledging $50 million in charitable funding to top universities across the globe in order to promote blockchain and cryptocurrency education, research, and development. Blockchain’s position in the inevitable digital-first future has
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
The National Assembly of Namibia has passed a law offering regulation of cryptocurrencies and digital assets. Thus, becoming the latest country in Africa to do so. A measure to govern virtual assets, cryptocurrencies, and VASPs in Namibia was enacted by the lower house of parliament on June 22. The purpose
Ripple (XRP), the leading crypto, never fails to spark excitement in the cryptocurrency community. Ripple has grabbed attention not only for its potential but also due to an ongoing Ripple vs SEC legal lawsuit. Lawyer John Deaton, who has been vocal about his support for XRP, has clarified his position
