Congressman John Rose of Tennessee introduced the “BRIDGE Digital Assets Act,” one of the most important legislative proposals with changes in the regulatory landscape of crypto assets in the United States. Related Reading: Trump Drops Major Clue On Crypto Project Launch Date It provides for a Joint Advisory Committee consisting of participants from the Securities […]
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses.
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.
Though there was seemingly no evidence connecting them to his crypto policies, Gary Gensler has been subject to violent threats from individuals since at least 2022.
The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.
In the ever-evolving world of cryptocurrency assets, it is believed that most digital assets possess speculative bubble characteristics, demonstrating uncertainty about the stability of their value. However, a market expert has claimed that XRP’s value remains robust and free from the speculative bubble pressures often seen with other cryptocurrencies. Is XRP More Stable Than The […]
Grayscale XRP Trust could potentially pave the way for an XRP ETF, subject to approval by the US Securities and Exchange Commission.
The long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC) has yet to be concluded despite Judge Analisa Torres’ August 7 ruling, which appeared to have ended the case. This follows a recent development showing that the SEC is still considering appealing the court’s ruling. Related Reading: Satoshi Nakamoto Tells NBA […]
This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan.
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency.
One CFTC commissioner dissented, calling the action “regulation by enforcement.”
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said.
The fund allegedly lost about half of its assets following FTX's collapse.
Ripple's chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis.
OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world.
The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.
It would be the first time crypto ETF shares that could be traded after-hours in the US.
In a series of pointed criticisms leveled against the US Securities and Exchange Commission (SEC), pro-XRP lawyer Bill Morgan has highlighted what he views as repeated judicial victory against the SEC’s approach to crypto regulation by enforcement. His remarks draw on several recent cases where federal judges have questioned the SEC’s stance that digital tokens […]
Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.”
It’s unclear whether the SEC will pursue an enforcement action against the OpenSea marketplace, but its CEO alleged regulators “believe NFTs on our platform are securities.”
Due to regulatory hurdles, XRP failed to initiate a significant rally alongside other notable cryptocurrency assets like Bitcoin and Ethereum in the 2021 bull cycle. There has been much speculation about when the altcoin will surge again. However, a market expert has recently shared insights into when the actual price impact for XRP will develop, indicating a positive future for the crypto asset. Real Price Impact For XRP On The Horizon SMQKE, an observer and researcher of Current Tech Shift, has disclosed the period for the much-anticipated rally for XRP to come to light, emphasizing the key developments that may influence the value of the digital asset in the future. Related Reading: Crypto Analyst Predicts 42,263% Breakout For XRP Price To $280, Here’s The Roadmap The expert bases his prediction on the recent developments around the Ripple-Russia Presentation, which implies that major confirmation was provided that all of the big banks that have teamed up with Ripple, including leading banks that are crucial to the system, such as Standard Chartered, Santander, and Bank of America, are currently running in test mode. “If these major banks are still in the testing phase, it means they have not yet fully integrated Ripple’s technology into their daily operations,” he added. Because of this, SMQKE believes that XRP has been unable to move significantly despite its potential utility. XRP may be struggling to undergo a major price upswing, but SMQKE asserts that this development is encouraging for XRP’s future because systemically important banks are participating in the ongoing testing. As a result, the researcher is confident that after the tests are over and the big banks have transitioned to full-scale adoption of Ripple’s technology, the real price effect for XRP will take place. This is because once these tests are successfully concluded, there will be a greater need for XRP as a utility asset in financial transactions, potentially resulting in a sharp increase in the altcoin price. Current State Of The Market In A “Wait And See” Phase According to the expert, the market could be in a “wait and see” phase. This is because investors might be delaying pushing up XRP’s price until they see definite evidence of widespread acceptance and regulatory certainty around the asset. Related Reading: XRP Set To Explode? Top Analyst Predicts $33 Rally The legal litigation between Ripple and the United States Securities and Exchange Commission (SEC) has been a major roadblock for the potential of XRP. SMQKE’s insights suggest that investors await the lawsuit’s conclusion before pouring massive capital into the crypto asset market. If the lawsuit ends and Ripple’s technology integration tests with big banks go live, there is a good chance that the value of XRP will witness a notable price rally, possibly to new all-time highs. Featured image from Adobe Stock, chart from Tradingview.com
Pro-XRP lawyer Bill Morgan has updated his assessment for the likelihood of a SEC appeal in the Ripple case. His reassessment follows closely on the heels of the ruling in the SEC’s case against Kraken, where US District Judge William H. Orrick III made a decision that might have significant implications for the SEC’s ongoing […]
"We're shocked the SEC would make such a sweeping move against creators and artists," says CEO of OpenSea
The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Kraken will proceed to trial, a California judge ruled Friday.
It's time for a review exploring whether the rules that federal agencies impose on crypto-related speech pass constitutional muster.
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.
The SEC alleges Kraken is operating an unregistered securities exchange.
The SEC alleges Kraken is operating an unregistered securities exchange.
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.
VanEck is still advocating for its Solana ETF with regulators, said Matthew Sigel.