After Ripple’s major legal triumph, CEO Brad Garlinghouse turned to Twitter to express his appreciation for the team and the result. According to Garlinghouse, this judgment is an “unequivocal win for Ripple and for crypto in the US.” Suggesting that it may have far-reaching effects on the whole cryptocurrency industry.
In a significant address to the US Senate Appropriations Committee, SEC Chair Gary Gensler passionately emphasized the urgent need for increased financial support to regulate the cryptocurrency industry, which he referred to as the “Wild West.” The Chairman stressed the importance of protecting investors from potential risks arising due to
XRP, the native cryptocurrency of Ripple, has witnessed a dramatic resurgence in the wake of its partial victory against the SEC last Thursday. This favorable legal victory has resulted in XRP’s relisting on major crypto exchanges, triggering a surge in demand and trading volume. Analyzing the Market of XRP Following
The United States Securities and Exchange Commission (SEC) has accepted the BlackRock spot Bitcoin ETF application and formally initiated the review process for the exchange-traded fund ETF proposal. Further, along with BlackRock’s application, the SEC has revealed its review of other Bitcoin-related funds. Such as Wise Origin Bitcoin Trust, WisdomTree
Coinbase, the United States-based cryptocurrency exchange, has announced that it will halt the staking service in four states in the United States. Coinbase, one of the largest and most prominent cryptocurrency exchanges, made this decision to comply with the legal requirements imposed by the regulatory authorities in those states. 1/
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
Coinbase, the second largest cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC) entered the courtroom today for the first time as part of the SEC’s lawsuit against the crypto exchange. The outcome of this legal battle holds implications not only for Coinbase but also for the global crypto
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
In the world of the crypto market, the Bitcoin Exchange Traded Fund (ETF) has caught the attention of the crypto community. Recently, the former chairman of the U.S. Securities and Exchange Commission (SEC) stated that the Bitcoin ETF should be approved. While these things are going around, Cboe, the global
Jay Clayton, former Chairman of the U.S. Securities and Exchange Commission, shared his thoughts on the major traditional financial institutions’ Bitcoin ETF requests. He stated that the spot Bitcoin ETF should be approved. Moreover, he mentioned the crypto market’s significant growth and benefits from the Bitcoin ETF. JUST IN –
