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Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple

14.1.2021
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange...

XRP price fails to ignite recovery as SEC enforcement director leaves post

14.1.2021
XRP lost value on a day when the rest of the market kickstarted a sizable recovery, as the SEC enforcer behind Ripple Labs’ $1.3 billion lawsuit announced his departure

US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman

14.1.2021
The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker...

Grayscale Investments Begins Dissolution of Grayscale XRP Trust After SEC Suit

13.1.2021
Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said

A New SEC Chair Who Actually Understands Bitcoin and Crypto?

13.1.2021
After his most recent stint teaching about blockchain at MIT, former CFTC head Gary Gensler is reportedly the next SEC Chair

GateHub to continue supporting XRP despite Ripple's legal issues

13.1.2021
GateHub is the latest crypto firm to announce the continuation of XRP support despite Ripple’s legal issues with the SEC

Reuters: Gary Gensler, MIT blockchain professor and Obama's CFTC chair, to head Biden SEC

12.1.2021
Gensler taught a course on "blockchain technology's potential use — by entrepreneurs and incumbents — to change the world of money and finance."

Gensler Said to Be Named SEC Chairman: Reuters

12.1.2021
Gensler has testified before Congress about cryptocurrency and blockchain on multiple occasions

Acting SEC Enforcement Director Berger to Step Down

12.1.2021
Berger presided over the enforcement division when it launched the Ripple suit

Seven times that US regulators stepped into crypto in 2020

12.1.2021
From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020

IMVU's new blockchain-backed stablecoin goes live

12.1.2021
The token, which has gotten a lot of attention for its interesting way of placating U.S. regulators, is now live for IMVU users in over 140 countries

JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US

12.1.2021
JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say....

Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon

9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...

High BTC Highs, Major OCC News, No XRP-SEC Deals and 20 Crypto Jokes

9.1.2021
Over the course of this week, Bitcoin jumped over USD 41K to the delight of many, setting its sight on the 50K level, with JPMorgan strategists saying its long-term target should be above USD 146,000. Bitcoin, ethereum, and stablecoin camps 'fought' over who benefits more from the major OCC news...

Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit

8.1.2021
Data and traders reveal the source of XRP's recent price rally could be Asia

XRP Resumes Rally Despite Ripple Confirms It Failed Settle With SEC

8.1.2021
After a correction yesterday, XRP resumed its rally while major US-based blockchain company Ripple said it failed to settle with the US Securities and Exchange Commission (SEC) but promised to keep trying. At the time of writing (10:19 UTC), XRP trades at USD 0.337 and is up by almost 12% in a...