Ripple CEO Brad Garlinghouse states in a new tweet that the much-awaited “Hinman documents” were “well worth the wait,” hinting at their possible relevance in the current legal struggle between Ripple and the US Securities and Exchange Commission (SEC). Wish I could go in depth now, but we've waited this
Renowned blockchain expert Emin Gün Sirer has released his written testimony before the highly anticipated House Financial Services Committee hearing. In his testimony, Sirer uncovers the pivotal matters involving blockchains and digital assets while addressing the associated regulatory difficulties. My written testimony for the House Financial Services Committee hearing on
In a recent development that has sent shockwaves through the financial and political sectors, a US Congressman introduced legislation calling for removing Securities and Exchange Commission (SEC) Chair Gary Gensler. The move has ignited a heated debate among lawmakers, industry professionals, and the public at large. 🚨 NEWS – Today
Gary Gensler, the chairperson of the United States Securities and Exchange Commission (U.S. SEC) remarked in the speech shared last Thursday, in Washington D.C. Now, Gensler has portrayed the needed protection in the crypto market as per the securities laws. There's nothing about the crypto securities markets that suggests that
The largest crypto exchange, Binance, native cryptocurrency BNB, witnessing a massive decline due to the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance. The lawsuit brought by the SEC against Binance has had a significant impact on the token BNB. And the crypto token price
In a bold warning, former Securities and Exchange Commission (SEC) chief, John Reed Stark, issued an urgent call to “get out of crypto platforms now.” In addition, he highlighted recent lawsuits against Binance Holdings Ltd. and Coinbase, citing these as critical reasons for his concern. Stark Backs SEC’s Crypto Pursuit
Recent reports show high-profile financial commentators express their contempt over Securities and Exchange Commission (SEC) Chief Gary Gensler’s policies. Scott Melker, also known as “The Wolf Of All Streets,” voiced his anger on social media. He termed Gensler’s approach as “absolutely disgraceful.” Consequently, the hashtag “#FireGaryGensler” is now making rounds
In recent statements, Gary Gensler, Chairperson of SEC Securities Exchange Commission, has strongly urged that stricter regulations be put into action within the cryptocurrency market to ensure maximum protection of investors from potential risks. Gensler emphasized the importance of regulatory oversight to safeguard investors against potential risks in the cryptocurrency
The U.S. Securities and Exchange Commission (SEC) continues its charges against the top crypto exchanges, Binance and Coinbase, which have had a great impact on the crypto market. Even though the top cryptocurrencies are down, Ripple (XRP) has shown positive signs in the crypto market. On the other hand, Ripple
Coinbase’s credit rating has been lowered by Moody’s from “stable” to “negative.” As a result of the SEC’s legal action against the cryptocurrency exchange for allegedly acting as an unregistered securities broker. Moody’s explained the cut on June 8 by saying it was worried about how the SEC action would
