Tag Archives: sec

A little-discussed memo from the Securities and Exchange Commission (SEC) from five years ago may suggest that the agency faced internal struggles in concluding whether XRP was a security, according to crypto lawyer John Deaton. This may indicate that Ripple – the company behind XRP – was not legally reckless in issuing the token years prior, as the SEC has often alleged. The SEC’s Memo According to Deaton, the “Howey memo” was written by SEC enforcement lawyers, and received...

[unable to retrieve full-text content]CoinspeakerRobinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC The emergence of Robinhood as a key BTC holder signifies a potential shift in the digital asset ownership landscape. Robinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC

BlackRock has submitted its new application for a bitcoin-based exchange-traded fund (ETF). After an initial send-back, the documentation is in, and the Securities and Exchange Commission (SEC) has confirmed that it’s reviewing the application. Many traders are waiting on the sidelines with their fingers crossed, hoping this is when the SEC gives a greenlight to bitcoin spot trading. BlackRock Won’t Help Much Despite the big move forward and all the anticipation...

John Deaton, founder of CryptolawUS and an advocate for XRP holders, spoke out against the SEC’s “aiding and abetting” allegations against Brad Garlinghouse, CEO of Ripple. Deaton claims that the situation might have been prevented if the SEC had allowed previous executives Bill Hinman and Jay Clayton to testify sooner. In the Ripple v. SEC litigation, Digital Asset Investor said that he would have called former SEC employees Jay Clayton and Bill Hinman, as well as a16z...

XRP – the cryptocurrency of Ripple – has shot up in price and is now the fourth largest digital asset, having beaten out BNB, the digital currency of Binance which is the world’s largest and most popular crypto exchange. Ripple Currency XRP is Surging! XRP has been involved in a huge legal battle with the Securities and Exchange Commission (SEC). Ripple had a suit filed against it back in 2020 by the financial agency, which swore up and down that the company was...

The Securities and Exchange Commission (SEC) is likely starting to sweat a little given that the Ripple case it worked so hard on hasn’t traveled in its favor. Ripple May Get the SEC to Back Off A few weeks back, a judge in New York of all places (New York is often considered a very unfriendly place when it comes to digital assets) ruled that Ripple wasn’t necessarily a security, and while not all the legal ramifications or doors have been closed yet, things are...

As discussed in prior articles, the Securities and Exchange Commission (SEC) and Ripple (XRP) have been fighting it out in court over the last few years regarding XRP’s status as a potential security. Ripple Appears to Have Beaten the SEC The SEC has said in recent statements that the way XRP is structured and the way it was first sold to users makes it a security token. Ripple has long denied these statements, and it seems the judge overseeing the case agrees. In...

[unable to retrieve full-text content]CoinspeakerARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF Both companies are also planning to launch three types of Bitcoin Futures ETFs. ARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF

[unable to retrieve full-text content]CoinspeakerPantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After Pantera Capital believes that the recent XRP ruling, possibility of a BlackRock ETF and the next Bitcoin halving will spike prices. Pantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After

[unable to retrieve full-text content]CoinspeakerBitstamp to End Ethereum Staking for United States Customers Although the application of the Howey test to staking Ethereum and many other cryptocurrencies can be complex and subject to different legal interpretations, the SEC insists that staking qualifies as an investment contract under the Howey test. Bitstamp to End Ethereum Staking for United States Customers