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Ripple CLO Lambasts Gary Gensler Amid SEC Legal Battle
22.5.2024
On May 22, Stuart Alderoty, Ripple’s Chief Legal Officer, unleashed a scathing rebuke on Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), for his mishandling of crypto asset regulation. Ripple CLO Tags Gensler as “Struggling Political Liability” Alderoty’s...
Ethereum Futures ETFs Hit Record Daily Trading Volume Amid Anticipation of Spot Approvals
22.5.2024
The daily trading volume for Ethereum futures exchange-traded funds (ETFs) surged to an all-time high yesterday, fueled by increasing anticipation of potential spot approval from the U.S. Securities and Exchange Commission (SEC).
The post Ethereum Futures ETFs Hit Record Daily Trading Volume Amid...
SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors
22.5.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present "immeasurable risk" to investors and markets. Gensler's commentary comes...
PEPE Soars to All-Time High Spurred by Speculation of Spot Ether ETF Approval
22.5.2024
The Ethereum-based memecoin Pepe (PEPE) experienced a significant price surge of 40% since Monday to a new all-time high, fueled by the speculation that the U.S. SEC might approve spot ether exchange-traded funds (ETFs). Crypto traders and analysts, observing the movement between ether’s...
SEC Files Opposition To Ripple’s Latest Motion
21.5.2024
A response to Ripple's move to redact and seal the company's business facts was filed by the US Securities and Exchange Commission (SEC) on May 21 in the parties' remedy briefings.
The post SEC Files Opposition To Ripple’s Latest Motion appeared first on Cryptonews
Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
21.5.2024
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed
XRPL on-chain transactions jump 108% in Q1 2024
19.5.2024
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023
If SEC approves Ether ETF, many ‘will be caught severely offside'
18.5.2024
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
Aussie admits to promoting BitConnect crypto services without a license
18.5.2024
The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts
Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges
18.5.2024
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed...
Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges
18.5.2024
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed...
'Crypto King' Aiden Pleterski faces fraud, money laundering charges
16.5.2024
Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation
Dogecoin Creator Expresses Pessimistic Stance on Spot Ether ETF Approval
16.5.2024
Billy Markus, the co-founder of Dogecoin, has expressed his scepticism regarding the approval of spot Ethereum exchange-traded funds (ETFs), although the US Securities and Exchange Commission (SEC) has not yet made a decision on the matter.
The post Dogecoin Creator Expresses Pessimistic Stance...
Breaking: Senate Overwhelmingly Votes To Overturn The SEC’s SAB121
16.5.2024
The U.S. Senate voted to formally issue a disapproval of the United States Securities and Exchange Commission’s (SEC) controversial staff accounting bulletin SAB121 on Monday afternoon. The vote follows a House vote of the federal agency’s guidelines, with the resolution now headed to President...
Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121
15.5.2024
Congressman Wiley Nickel (D-CA) is criticizing United States Securities and Exchange Commission (SEC) Chair Gary Gensler over SAB121 and the agency’s “open hostility” towards crypto, a Wednesday letter to Gensler from Congressman reveals. Nickel's letter comes amidst the controversial staff...
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time.
The...
Former CFTC Chair Christopher Giancarlo Joins Paxos Board of Directors
14.5.2024
Paxos, a leading regulated blockchain and tokenization infrastructure platform, has appointed J. Christopher Giancarlo, the former Chairman of the United States Commodity Futures Trading Commission (CFTC), to its board of directors.
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SEC tries again for Debt Box suit dismissal with option to refile
14.5.2024
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit
Coinbase’s Legal Officer Rallying Binance, Ripple, Uniswap Against SEC’s ‘Gaslighting’
14.5.2024
Regarding the Debt Box issue, Coinbase Chief Legal Officer Paul Grewal criticised the US Securities and Exchange Commission (SEC) on May 14. Given the significant ramifications for the industry, he also urged other cryptocurrency exchanges to question the SEC's earlier moves.
The post...
CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams
14.5.2024
The Commodity Futures Trading Commission is warning against "money mule" scams targeting remote job seekers. The regulator said people seeking work-from-home opportunities should be on the lookout for these deceptive schemes.
The post CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams...