SEC

Thailand Eyes Bitcoin Pilot with a Focus on Country’s Tourism Sector

Thailand SEC Unveils Digital Asset Sandbox to Foster Crypto Innovation

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

August 12, 2024 2 mins read

Ripple CLO Calls on Kamala Harris to Intervene Against SEC Actions

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,

August 10, 2024 2 mins read

Ripple Faces $125 Million Fine in Ongoing Lawsuit with U.S SEC

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

August 8, 2024 2 mins read

What Has Intensified SEC vs Coinbase Legal Battle Now?

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.

August 6, 2024 2 mins read

XRP’s Recent Surge Erased with 20% Dip Amid Crypto Crash

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

August 5, 2024 2 mins read

Ripple (XRP) Price Awakens from Slumber, Bulls Take Control

XRP at a Crossroads: Analyzing Market Sentiment Ahead of Crucial SEC-Ripple Meeting

As the cryptocurrency world holds its breath, Ripple and the Securities and Exchange Commission (SEC) prepare for another closed-door encounter. This imminent meeting has ignited a flurry of speculation about a potential settlement in their long-standing legal battle. Despite the anticipation, the market’s reaction paints a picture of cautious pessimism,

August 1, 2024 2 mins read

Artists File Lawsuit Against SEC Over Uncertain NFT Regulations

The legal battle of the U.S. Securities and Exchange Commission (SEC) with other firms and personalities are resurfacing to the mainstream. Two renowned artists have filed a legal suit against the SEC due to the uncertain classification of non-fungible tokens (NFTs) as securities. On July 29, songwriter Jonathan Mann, popularly

July 30, 2024 2 mins read

XRP Bulls Eyeing $1.50 Amid Bearish Hold

XRP Stabilizes Above $0.60 as Market Awaits Ripple-SEC Settlement

XRP is currently exiting the downward correction and holding steady above the $0.60 zone as market participants eagerly await a pivotal meeting between Ripple and the U.S. Securities and Exchange Commission (SEC). The cryptocurrency experienced a notable ascent over the past week, forming a bullish ascending triangle pattern and peaking

July 25, 2024 2 mins read

Grayscale’s Massive $1B ETH Move Stirs Speculation Amid Spot ETF Launch

US spot Ethereum ETFs received approval from the SEC on Monday after leading issuers filed 424(b) forms. Grayscale issuing two of the nine spot ETFs was observed transferring ETH tokens worth $1.01 billion from its Coinbase Prime deposit onto the platform’s Hot Wallet 8 hours ago. This has led to

July 23, 2024 2 mins read

How is the Crypto Market Preparing for the Spot ETH ETF Launch?

The most anticipated US Spot Ethereum ETFs are expected to make their market debut on July 23. In preparation for the launch, issuers have filed their S-1 filings and made announcements on fees, custodians, and other facets of their respective products. The market has also seen several updates from the

July 18, 2024 2 mins read