Tag Archives: sec

Could a crypto world exist without Binance? Many analysts and traders are weighing in on this subject given the world’s largest digital currency exchange is facing a huge lawsuit from the Securities and Exchange Commission (SEC). Could Binance Come to an End? Not long ago, the SEC filed charges against Binance and claimed the company had broken securities laws for many years. It also said Binance had commingled company funds with those of customers. The exchange...

CoinspeakerUS SEC Could Dismiss Coinbase Motion Similar to Terraform Labs The SEC's handling of the Green United case offers insights into its potential approach to Coinbase's motion to dismiss, emphasizing the significance of the "major questions doctrine" in cryptocurrency lawsuits. US SEC Could Dismiss Coinbase Motion Similar to Terraform Labs

Cathie Wood – CEO of ARK Investment Management – believes the United States Securities and Exchange Commission (SEC) could greenlight more than one spot BTC ETF simultaneously. ARK Invest’s analyst Yassine Elmandjra had quite a different opinion at the end of June, forecasting that the organization (which has also applied with the securities regulator to introduce such a financial product) is the first in line to receive approval. It’s Either None or Many of Them at Once Ark...

CoinspeakerRipple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity

CoinspeakerCathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions. Cathie Wood Anticipates Multiple Bitcoin ETF Approvals by SEC

Lawyers for Coinbase Global asked a U.S. judge Friday to dismiss a suit by the Securities and Exchange Commission. They brought the arguments to back up their request. Coinbase lawyers ask judge to dismiss SEC lawsuit The SEC lawsuit filed June 6, alleges the crypto exchange is an unregistered securities broker and exchange. In the motion to dismiss the suit, Coinbase says: “The SEC misreads Howey in asserting that a ‘scheme’ without a contractual undertaking will suffice.”...

Bankrupt crypto lender, BlockFi revealed that the US Bankruptcy Court for the District of New Jersey has conditionally approved its disclosure statement. The development essentially demonstrated that the reorganization process of BlockFi continues to make gradual progress eight months after filing the voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code. In an official statement on August 2nd, Mark Renzi – BlockFi’s Chief Restructuring Officer,...

To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remains completely flat for the past seven days. In fact, Bitcoin’s volatility has been so insignificant that on a 10-day average, it’s about to become less than that of stocks and even gold. That’s right – the “highly volatile” Bitcoin that’s unpredictable and “risky” has seen less...

In the midst of a lackluster price movement across the wider cryptocurrency market, XRP experienced an unusual downward trend. The cryptocurrency recently became the fifth-largest crypto by market cap owing to Ripple’s partial but impressive win against the US Securities and Exchange Commission (SEC). The asset even briefly surpassed BNB as the fourth-largest last month. After posting double-digit gains for quite some time, the bulls appear to have entered a phase of...

Binance is getting a lot of heat from the Securities and Exchange Commission (SEC) and related agencies. Not long ago, Jareck Jakubcek – the head of law enforcement at Binance APAC – sat down for an interview to explain the regulatory issues surrounding crypto and to explain that digital assets aren’t immune to criminal activity. What’s Going on with Binance? He stated: At Binance, we welcome opportunities to actively engage with regulators, and we support clearer...