Tag Archives: sec

CoinspeakerNAB Blocks Payments to High-Risk Crypto Exchanges to Curb Scam Losses According to NAB executive for group investigations and fraud Chris Sheehan, they have observed many scammers using cryptocurrency platforms to launder stolen funds. NAB Blocks Payments to High-Risk Crypto Exchanges to Curb Scam Losses

Not long ago, it was announced that crypto firm Ripple (XRP) and the Securities and Exchange Commission (SEC) were duking it out in court. Ripple is in the Fight of Its Life The agency alleged that the company had violated securities laws by issuing XRP without going through the proper licensing and registration requirements. In contrast to other companies’ strategies, Ripple chose to fight back and agreed to go to court with the SEC, and at the time of writing,...

The landmark decision by Judge Torres in the legal battle between Ripple and the US SEC could positively impact the entire crypto industry, said the former’s CEO, Brad Garlinghouse. He also hopes that the ruling will serve as a wake-up call to US Congress for the upcoming regulations. A Win for Everyone Nearly three years after the SEC sued Ripple for allegedly selling its native cryptocurrency (XRP) as unregistered security, Judge Analisa Torres, presiding over the case,...

The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from...

On July 13, Ripple scored a big win in its nearly three-year-long legal battle against the US Securities and Exchange Commission (SEC) after a court ruled that the majority of XRP sales do not fall under the classification of securities transactions. This has raised questions about the potential implications for cryptocurrencies, such as Solana (SOL), Cardano (ADA), Polygon (MATIC), and other tokens facing similar allegations of being unregistered securities. Let’s examine...

Ripple’s partial victory in its fight with the US Securities and Exchange Commission (SEC) in a court ruling paved the way for small but significant regulatory clarity that the cryptocurrency industry was deprived of for so long. Now all eyes are on the security regulator who, according to Congressman Ritchie Torres, is acting like “an overzealous traffic cop arbitrarily ticketing drivers while keeping the speed limit a secret.” As such, Torres wants the SEC to be...

The past seven days will go down in history as the week when Ripple scored a massive win in court against the United States Security and Exchange Commission. In fact, the news is so important that it’s hard to talk about anything else. However, it’s worth mentioning that the entire market took to the skies following the development, and BTC is finally trading above $31K, while ETH is above $2K. Now, let’s dive into some specifics. More than three years ago, the SEC filed a...

CoinspeakerXRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory The surge in XRP price highlights the impact of legal outcomes on the crypto market. XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory

XRP appears to be leading the altcoin rally fetching over 66% in the past day alone. This comes after Ripple Labs managed to score a victory in the SEC case crippling the financial regulator’s plan to regulate the digital asset industry. The market has reacted positively to the District Court for the Southern District of New York’s ruling. Interestingly, altcoins that have posted significant gains are mostly the ones deemed as securities by the US financial regulator. Binance...

CoinspeakerCrypto Soars to Yearly Highs amid XRP Fueled Sentiment Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange. Crypto Soars to Yearly Highs amid XRP Fueled Sentiment