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SEC Hits out at Ripple’s ‘Lack of Due Process’ in Letter to Judge


Ripple’s regulatory woes have deepened again after the US Securities and Exchange Commission (SEC) petitioned the judge in the company’s legal battle to dismiss arguments in the company’s defense. The SEC claimed that Ripple has attempted to “divert the court’s attention” with invalid fair notice...

3 Bitcoin ETFs Have Been Approved in North America


There are now three bitcoin exchange-traded funds (ETFs) in North America, all approved within the past month by Canada’s securities regulators. They are currently trading on the Toronto Stock Exchange. The latest approved bitcoin ETF, backed by Mike Novogratz’s Galaxy Digital, began...

Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO


Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S....

Ripple Replies to SEC, Claims It Caused Damage to XRP Holders


In an ongoing legal battle, San Francisco-based blockchain company Ripple filed a response to the US Securities and Exchange Commission (SEC), repeating that XRP is not a security nor was it necessary for its distribution and sale to be registered as such - stating that the regulator's complaint...

Larsen’s Lawyer Asks Court To Dismiss SEC’s Case Against Him


Chris Larsen. Source: A video screenshot, Youtube/CfC St. Moritz While Ripple’s legal woes continue to cast a shadow over the future of the company and XRP, an attorney representing Chris Larsen, the firm’s Co-founder and Executive Chairman, has filed a motion to a US federal judge in which...

North America’s First Bitcoin ETF Now Holds Over 11,000 BTC


The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching...

The Largest US Options Exchange Cboe Applies to List Vaneck’s Bitcoin ETF


The Chicago Board Options Exchange (Cboe) has applied to list the Vaneck Bitcoin Trust, as an exchange-traded fund (ETF) if the fund is approved by the U.S. Securities and Exchange Commission (SEC). The filing Form 19b-4, if approved by financial regulators, would allow Cboe to “list...

US SEC Now ‘On the Clock’ for Key Bitcoin ETF Decision


The bitcoin (BTC) ball is decidedly in the regulators’ court in the United States, where the Securities and Exchange Commission (SEC) is now “on the clock” – with the crypto world eagerly awaiting its response. Many believe that approval of a bitcoin exchange-traded fund (ETF) in the United States...

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