Tag Archives: sec

CoinspeakerRipple CTO Issues Warning against Potential XRP Scams Schwartz's caution comes amid a surge in XRP price and market capitalization. Ripple CTO Issues Warning against Potential XRP Scams

CoinspeakerCongressman Torres Urges Investigation into SEC’s Cryptocurrency Oversight & Prometheum’s License Earlier this week, US senator Thomas Tuberville (R-Ala.) and five other congressional Republicans called for investigations into Prometheum's ties to Chinese entities, alleging connections with the Chinese Communist Party. Congressman Torres Urges Investigation into SEC’s Cryptocurrency Oversight & Prometheum’s License

Recent comments regarding Bitcoin exchanges from Gary Gensler – Chairman of the U.S. Securities and Exchange Commission (SEC) – suggest that his agency may not be so eager to approve the recent wave of Bitcoin spot ETF applications in its mailbox. The chairman claimed that crypto trading platforms like Coinbase are structured in such a way that makes them open to wash trading and market manipulation. Problems With Coinbase, According to the SEC Gensler commented on the...

CoinspeakerXRP Price Goes Parabolic Following Big Win of Ripple against SEC This great win of Ripple in its battle against the SEC can be viewed as a reminder that the existing regulatory frameworks may not always fit the unique characteristics of cryptocurrencies and may require modification or refinement.  XRP Price Goes Parabolic Following Big Win of Ripple against SEC

XRP is booming after Judge Analisa Torres’s ruling on Thursday that most sales of the Ripple-issued cryptocurrency do not constitute securities transactions. The ruling brings a conclusion to a three-year-long lawsuit that is expected to set a firm precedent for many crypto issuers’ legal standing in the United States going forward. Let’s dig into the details of the ruling, and examine how it could impact other cryptocurrencies in the near term. Institutional Sales VS Other...

CoinspeakerBREAKING: SEC Sued Alex Mashinsky Former CEO of Bankrupt Crypto Lender Celsius Network The problems with Celsius Network and Mashinsky first surfaced in June of last year when the platform abruptly froze withdrawals, leaving users anxious about the security of their cash. BREAKING: SEC Sued Alex Mashinsky Former CEO of Bankrupt Crypto Lender Celsius Network

The price of Ripple’s XRP has exploded minutes following reports that a judge has ruled in favor of Ripple in the case against the Securities and Exchange Commission of the United States. According to reports, a Judge has ruled that Ripple’s sale of XRP doesn’t constitute an offer of investment contracts. This seems to be a major win for the company, as the case has been ongoing for more than three years. According to data by CoinGecko, XRP’s price exploded by approximately...

CoinspeakerBlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital Over the past decade, the SEC has rejected as many as 30 spot Bitcoin ETF applications from firms such as Gemini, Fidelity, and WisdomTree.     BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital

LBRY Inc – the firm responsible for developing the LBRY protocol – has announced it will close operations after receiving a final judgment in its case with the U.S. Securities and Exchange Commission (SEC) on Tuesday. Since the announcement, LBRY token (LBC) has collapsed 14% in value. A federal judge sided with the SEC in ruling that LBRY violated Section 5 of the Securities Act of 1933 in its issuance of LBC. As such, it has permanently restrained and enjoined from further...

Coinbase’s shares spiked to almost $90 following the news that exchange operator Cboe Global Markets filed amended applications of three spot BTC exchange-traded funds, adding surveillance-sharing agreements with Coinbase. The US Securities and Exchange Commission has yet to decide on the launch of such a product. It remains unknown whether the lawsuit filed against Coinbase by the watchdog will affect its final ruling. Rising to Almost One-Year High Cboe Global Markets – an...