Ripple Labs has scored another victory, one of its most significant wins so far, against the US Securities and Exchange Commission (SEC) in its ongoing lawsuit. The presiding judge on the case denied the Commission’s decision to protect important material relating to the lawsuit. Ripple community lawyers have called the latest development “a very big […]
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), made some comments about the regulation of the cryptocurrency industry at a seminar hosted by the University of Pennsylvania Carey Law School. Gensler began his speech by making clarifications on the duty of the Commission, noting that “the SEC’s remit is overseeing the capital […]
US Securities and Exchange Commission (SEC) Chairman, Gary Gensler, recently stated that financial authorities need to directly regulate cryptocurrency trading avenues. Gensler also indicated that more regulatory frameworks would be put in place this year, boosting optimism over investor protection in the crypto space. Before now, the SEC boss has hammered on the necessity of […]
US Securities and Exchange Commission (SEC) Chairman Gary Gensler made some utterances about cryptocurrency regulation and revealed his agency’s plans for 2022 at an interview with CNBC Monday. The number one SEC man explained that: “If you are raising money from the public, and the public is in anticipation of profit based upon that promoter, […]
US Securities and Exchange Commission Chairman Gary Gensler expressed concerns for more investor protection in the cryptocurrency markets at an Investor Advisory Committee meeting last week. The Investor Advisory Committee advises the SEC on regulatory necessities, including “initiatives to protect investor interests and to promote investor confidence and the integrity of the securities marketplace.” The […]
Ripple Labs has registered another snack win in its ongoing lawsuit with the US Securities and Exchange Commission (SEC) after US District Judge Analisa Torres granted the status of “amici curiae” to the XRP community in the lawsuit. Prominent XRP advocate and lawyer to the blockchain startup John Deaton also received special status from the […]
A new development in the ongoing Ripple vs. SEC Lawsuit has emerged and could lead to a final verdict in the case. The defendant’s first request for admission (No. 99) to the US Securities and Exchange Commission, attached to the recent court filing, revealed arguably the most critical information for the lawsuit. The document revealed […]
The US Securities and Exchange Commission (SEC) has indicated that it could charge Coinbase with breaking security laws with its proposed yield program. In a blog post released earlier today, Paul Grewal—the Chief Legal Officer at Coinbase—revealed that the agency sent a Wells notice to the exchange, which regulatory bodies send to prospective respondents notifying […]
According to a report from the Wall Street Journal, unofficial sources claim that the SEC currently probes prominent DEX Uniswap Labs. While the SEC has not made any comment on the development, a Uniswap Labs spokesperson told WSJ that: “[Uniswap is] committed to complying with the laws and regulations governing our industry and to providing […]
