Ripple and the SEC are teaming up in a last-minute move, asking Judge Analisa Torres to tweak her earlier decision. They’re looking to cut Ripple’s fine down from $125 million to $50 million and lift the ban that’s kept the company from selling XRP to institutional buyers. If the judge
The XRP case turns to a new direction after a joint motion of Ripple and the US SEC to finish the long-running case. Attorney John E. Deaton, who advocated the XRP case, said that there 70% chance Judge Analisa Torres will accept the filing and grant relief. This advancement is
Trump Media and Technology is moving forward with its Bitcoin treasury plans. As per the latest reports, the US SEC has made the firm’s Bitcoin treasury-related S-3 registration effective from Friday. Following the SEC’s official approval, the firm has filed a final prospectus with the SEC. For its Bitcoin treasury
President Donald Trump has brought a historical shift to the crypto industry. From encouraging the crypto space to thrive in the country to forming regulatory frameworks, the Trump administration is expediting crypto adoption and innovation. Regulating the crypto space with favorable policies means taking a different approach from the previous
A significant development occurred in the Ripple vs. SEC suit, as the parties filed a joint motion for the U.S. District Court to reopen the indicative ruling and modify the final judgment. This motion was filed late on June 12 and maintained that there existed now “exceptional circumstances” so as
The Securities and Exchange Commission of the US has barred DeFi Development Corp’s $1 billion registration filing. The firm wanted to use the capital to invest in the Solana blockchain. The regulatory body found that the filing was not eligible because a necessary internal controls report in the Form 10-K
Ethereum’s derivatives market surged past Bitcoin’s in the last 24 hours, with a trading volume exceeding $107 billion, according to Coinglass data. This 25% daily increase in activity reflects renewed institutional interest, fueled by spot Ethereum exchange-traded funds (ETFs) and a revival in decentralized finance (DeFi). In comparison, Bitcoin derivatives
Bullish, which is funded by billionaire investor Peter Thiel, has filed for an initial public offering (IPO) in the United States confidentially. The exchange is proceeding to take advantage of revived interest in digital assets in the wake of a broader comeback in the crypto market, as reported by a
Representative Wiley Nickel, a Democrat from North Carolina, sent the request straight to US SEC Chair Paul Atkins, calling out the requirement for real transparency. With the agency’s mixed messages and recent legal battles stirring even more confusion in the crypto world, Nickel wants answers on how the SEC came
The Securities and Exchange Commission is creating a new method to encourage cryptocurrency growth and still keep an eye on the fast-changing digital asset industry. Paul Atkins, the chair, announced that an “innovation exemption” framework could change how crypto companies function in the United States. Temporary Relief to Drive Market
