The spotlight on Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), intensifies as veteran trader Peter Brandt and figures within the crypto industry voice their doubts about his ability to safeguard investors and effectively regulate the burgeoning digital asset market. Brandt, known for his outspoken views and …
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The US Securities and Exchange Commission (SEC) is reportedly concluding its investigation into allegations of conflict of interest within its ranks, particularly concerning the regulation of Ethereum (ETH). The investigation, dubbed ‘ETH Gate,’ has garnered widespread attention, especially from the XRP community, which has long criticized the SEC’s approach to …
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In a recent interview with CNBC, Gary Gensler, the US Securities and Exchange Commission (SEC) Chair, reiterated his concerns about the alleged involvement of Bitcoin (BTC) in ransomware attacks. Bitcoin Disapproval Continues Despite the significant success of Bitcoin exchange-traded funds (ETFs) within just one month of trading, which has played …
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In a closely watched legal battle that carries significant consequences for the crypto market, the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) could be resolved through a settlement. Intriguingly, the outcome of the case may be influenced by the potential change in the US presidency, which …
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The cryptocurrency industry is abuzz with reports of potential turmoil within the US Securities and Exchange Commission’s (SEC) crypto assets and cyber unit. Senior lawyers are reportedly considering departures, raising questions about leadership and the agency’s approach to regulating the rapidly evolving digital asset landscape. Exodus Or Evolution? Fox Business …
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The United States Securities and Exchange Commission (SEC) has intensified its regulatory efforts targeting the emerging crypto market and Decentralized Finance (DeFi) sectors. The regulatory watchdog has recently adopted new rules imposing registration requirements on “dealers” and “government securities dealers.” While the SEC Chair, Gary Gensler, believes these measures protect …
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Yesterday, in a significant development in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), US District Judge Sarah Netburn granted the SEC’s request for Ripple to disclose more comprehensive financial details and information about its institutional sales of XRP. The court’s decision mandates Ripple to …
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The United States Securities and Exchange Commission (SEC) suffered another stinging defeat in its campaign against the crypto industry yesterday, a development described by the pro-XRP legal community as a profound setback. On Tuesday, January 30, the SEC announced its intention to dismiss its high-profile case against the crypto firm …
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In the XRP lawsuit between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC), the regulatory body has submitted a detailed reply to Hon. Sarah Netburn, United States Magistrate Judge for the Southern District of New York. This document, titled “Reply in Further Support of its Motion to …
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The United States Securities and Exchange Commission (SEC) has announced an extension in the decision-making process for Fidelity’s proposed Ethereum exchange-traded fund (ETF). According to the official statement released on January 18, 2024, the SEC has decided to prolong the review period by 45 days. This extension is to ensure …
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As the court hearing progresses, the fate of Coinbase remains uncertain. If Judge Failla denies Coinbase’s motion for dismissal, the case will proceed to discovery. The legal battle between the Securities and Exchange Commission (SEC) and Coinbase Global Inc (NASDAQ: COIN) reached a pivotal moment as New York District Judge …
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Prominent economist and vocal crypto skeptic Peter Schiff has once again stirred the pot with his latest prognosis on Bitcoin (BTC). Schiff, known for his critical stance on digital currencies, has raised eyebrows with his latest post, where he warns of impending regulatory changes that could trouble Bitcoin’s transaction costs …
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