The U.S. Securities and Exchange Commission (SEC) has rejected Cboe BZX’s 19b-4 filings for two proposed spot Solana ETFs, according to the reports. This decision led to the removal of the filings from the Cboe website and prevented them from being submitted to the Federal Register, halting any progress toward
Solana users have been put on high alert following the discovery of a malicious Chrome extension named “Bull Checker.” This fraudulent extension, pretending to be a helpful tool for crypto traders, has been found to target Solana users. Specifically putting their digital assets at risk. Meow, the pseudonymous founder of
Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) is once again under the spotlight as concerns grow over the potential appeal of a recent court decision. The SEC might challenge the ruling, which ordered Ripple to pay a $125 million civil penalty for violating securities laws by
The upcoming U.S. elections are set to significantly influence the regulatory landscape for cryptocurrency, particularly regarding crypto policy and the approval of crypto-related ETFs. With both the presidential and congressional races on the horizon, the balance of power within the Securities and Exchange Commission (SEC) could shift, impacting how the
Coinbase has escalated its legal confrontation with the U.S. Securities and Exchange Commission (SEC) by filing a motion for court relief, citing what it perceives as the SEC’s unfair and inconsistent regulatory tactics. The crypto exchange’s Chief Legal Officer, Paul Grewal, pointed out that the SEC’s refusal to produce essential
Thailand Securities and Exchange Commission (SEC) disclosed its Digital Asset Regulatory Sandbox. Thailand’s sandbox is aimed at fostering innovation in the cryptocurrency sector to ensure effective regulation. This move highlights Thailand’s commitment to balancing advancements in digital assets and regulatory frameworks. The Digital Asset Regulatory Sandbox provides a controlled environment
The crypto market saw several key actions in the Ripple vs. SEC lawsuit this week. Ripple’s chief legal officer, Stuart Alderoty, recently asked Kamala Harris to end the SEC’s war against cryptocurrency. Meanwhile, the XRP token exhibits a price increase of 0.80% after showing notable surges on August 8. Notably,
A court filing states that Ripple was fined $125 million as a result of its ongoing action with the U.S Securities and Exchange Commission (SEC). At the time of writing, XRP is trading at $0.6024, up 18.15% in the last 24 hours as per data from CMC. According to the
The ongoing legal battle regarding the alleged operation of an unregistered securities exchange between SEC and Coinbase is heating up. Recently, the SEC regulator rejects Coinbase’s access to the personal emails of SEC Chair Gary Gensler. The Coinbase Chief Legal Officer, Paul Grewal hence responded to this on X post.
The cryptocurrency market is grappling with significant losses as the beginning of August has shown an unprecedented downturn. The primary trigger for this sell-off appears to be looming uncertainties regarding Jump Crypto’s sell-off. This issue has led to widespread panic among investors, worsening an already volatile situation. XRP has taken
