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US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application

19.7.2023
The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of Blackrock’s bitcoin ETF application. U.S. SEC to Review...

No impact from Ripple ruling? SEC chair cites risks from crypto in budget request

19.7.2023
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission's 2024 fiscal budget

Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment

19.7.2023
Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...

US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto

19.7.2023
Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity"

US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling

18.7.2023
Rep. Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the “Torres Doctrine."

Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report

18.7.2023
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities

Ripple court ruling makes call for regulation 'more compelling and more urgent' — former CFTC chair

17.7.2023
Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP's favor

SEC vs Ripple referred to judge who ordered release of ‘Hinman Documents’

17.7.2023
Judge Analisa Torres has sent the remaining issues in the SEC versus Ripple case to Magistrate Judge Sarah Netburn

Binance cuts back on employee benefits, citing 'decline in profit': Report

17.7.2023
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and working from home

‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1

16.7.2023
Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States....

SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse

16.7.2023
According to Ripple CEO Brad Garlinghouse, the filing of an appeal by the SEC would “only further” solidify Judge Torres decision that XRP is not a security

Coinbase pauses staking services in four US states following regulators' orders

15.7.2023
According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets

Binance headcount reduction hits 1,000 employees: Report

14.7.2023
The ongoing workforce reduction is reportedly global, with customer-service workers heavily affected

Everything that's happened with Celsius and Alex Mashinsky so far

14.7.2023
A look back at the rise and fall of Celsius, starting with the firm's growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators

Crypto will transcend international currencies — BlackRock CEO

14.7.2023
Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios

Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024

14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...

FTC Blasted By Congress And Gamers For Doing Its Job

14.7.2023
Under chair Lina Khan, the Federal Trade Commission (FTC) has taken a lot of heat for trying to be aggressive in its approach to regulating tech companies and preventing monopolies. Now the FTC is facing criticism from both Republicans in Congress and very online Xbox fans for appealing a recent...