In a noteworthy shift in the financial regulatory legal field, Ripple Chief Legal Officer (CLO) Stuart Alderoty has announced a crucial ruling by the Second Circuit Court of Appeals regarding the United States Securities and Exchange Commission (SEC) and Govil case. Particularly, this decision concerns the power of the regulatory watchdog to request disgorgement, an […]
The legal battle between San Fransisco-based cryptocurrency exchange Kraken and the United States Securities and Exchange Commission (SEC) has taken an unexpected turn as the crypto platform garners support from eight states in the US, putting it one step ahead of the regulatory watchdog. Kraken Gains Support From 8 US States Well-known crypto advocate and […]
The ongoing legal battle between San Fransisco-based payment firm Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC) is presently in the limelight as today marks the deadline of the lawsuit’s discovery phase. Set Of Crucial Dates For Ripple Vs. SEC Lawsuit Ashley Prosper, an XRP community member, shared the latest development […]
A recent source has revealed that Ethereum Spot Exchange-Traded Fund (ETF) applicants are confident about approval from the United States Securities and Exchange Commission (SEC). Eleanor Terret Reveals Ethereum ETF Issuers’ Opinions Fox Business reporter and journalist Eleanor Terret has shared diverse anticipations regarding the SEC’s position, disclosing possible obstacles and several viewpoints. Terret took […]
In a recent turn of events regarding the Ripple Vs. SEC lawsuit, a cryptocurrency expert known as Zach Rector has revealed a shocking scenario that could lead to the firm paying billions of dollars in fines to the United States Securities and Exchange Commission (SEC). Potential $3 Billion Disgorgement For Ripple The well-known financial expert […]
VanEck CEO Jan van Eck has disclosed on CNBC’s “ETF Edge” that the much-awaited spot Bitcoin Exchange-Traded Funds (ETFs) are set to commence trading on Thursday, January 11. This follows yesterday evening’s last minute request from the US Securities and Exchange Commission (SEC) for additional comments on the S-1 filings from all applicants. Despite initial […]
Pro-XRP lawyer John Deaton has responded to a recent statement by Paul Grewal, Chief Legal Officer of Coinbase, with a sharp criticism of the US Securities and Exchange Commission. Grewal questioned the SEC’s understanding of investment contracts in connection with cryptocurrencies. He emphasized that the term “investments” does not inherently constitute “investment contracts” and pointed […]
In the lawsuit between the US Securities and Exchange Commission (SEC) and Binance, the regulator has filed a notice of supplemental authority, citing the judgment in SEC v. Terraform Labs as a key precedent. This move is a strategic effort by the SEC to leverage the Terra ruling in its case against Binance, Binance.US, and […]
President of the Chicago Board Options Exchange (CBOE) John Palmer has revealed his optimism on the approval of the Bitcoin Spot Exchange-Traded Fund (ETF) and its effect on the cryptocurrency landscape. Bitcoin Spot ETF Will Pave For Pension And RIA-Based Funds The CBOE Digital’s president shared his optimism in a recent interview on Bloomberg TV on […]
The potential introduction of a Bitcoin spot ETF (exchange-traded fund) in the United States has perhaps been the talk of the decade in the cryptocurrency space. While more than a dozen applications await the approval of the US Securities and Exchange Commission, there has been widespread commentary on the potential impact of a spot exchange-traded […]
The prospect of a spot Bitcoin ETF (exchange-traded fund) trading in the United States has been the major topic of discussion in the cryptocurrency space over the past few weeks. In the latest development, a Bloomberg analyst reported that the US Securities and Exchange Commission has been engaging with exchanges concerning the spot Bitcoin ETF […]
The legal showdown between Ripple and the United States Securities and Exchange Commission (SEC) has had several twists and turns in the past few weeks. In the latest development, both parties filed a joint brief schedule for remedies discovery and briefing on Thursday, November 9. As expected, this step has sparked different reactions from various […]