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XRP Price Prediction as Judge Rules in Favor of Ripple to Deny SEC Motion to Seal Hinman Documents – XRP to $1?
17.5.2023
The XRP price has jumped by 5% in the past 24 hours, after the judge presiding over Ripple's case with the SEC denied the regulator's motion to seal important documents.
At $0.446896, XRP is up by 4% in a week but down by 13% in the last 30 days, with today's spike going some way towards reversing...
Judge Torres Rules That SEC Cannot Seal Hinman Docs in Ripple Case
17.5.2023
The US Securities and Exchange Commission cannot seal certain documents in connection with a 2018 speech from agency’s former director Bill Hinman in its case against Ripple, a judge ruled on Tuesday.
The SEC wanted to seal entirely the “Hinman Speech documents” which have in them “nonpublic...
SEC Can't Seal Docs Tied to Hinman's Ether Speech, Judge in Ripple Suit Rules
17.5.2023
The SEC and Ripple have sparred for months over a set of documents related to Bill Hinman's 2018 speech on securities law and ether
Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy
16.5.2023
A Bloomberg report has revealed that many crypto firms still follow some wrong approaches to their operations.
The surveyed firms handle assets worth tens of billions of dollars daily but don’t work with external auditors and independent boards to ensure accountability and openness.
The report...
EU Countries Officially Approve MiCA Crypto Regulation Rules – Here's What You Need to Know
16.5.2023
On May 16, the European Union states gave the final nod to the world's first comprehensive set of rules to regulate crypto assets, known as the Markets in Crypto-Assets (MiCA) regulation.
This decision is adding pressure on countries such as Britain and the United States to follow suit. ...
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Coinbase Hasn't Proven SEC Needs to Create Crypto-Specific Rules, Regulator Says
16.5.2023
The U.S. Securities and Exchange Commission (SEC) told an appeals court that crypto exchange Coinbase hadn't proven the regulator needs to create a new regulatory framework for the digital asset industry late Monday
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
16.5.2023
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant
SEC Chair Gensler Argues That Rules Already Exist To Regulate Crypto in Light of Coinbase Pushback
15.5.2023
US Securities and Exchange Commission’s Chair Gary Gensler pushed back against Coinbase’s call to have the agency propose and adopt rules for digital assets.
Gensler was asked on Monday during Atlanta Fed's 2023 Financial Markets Conference to comment on the dispute with Coinbase why the...
Binance leaves Canada amidst new crypto rules
15.5.2023
Binance holds a prominent position across the globe in terms of crypto exchange platforms. Needless to say, the community expects things to work out in its favor every time, no matter the geographical region. However, if the recent announcement by the platform is anything to go by, then it appears...
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
14.5.2023
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature...
Binance calls it quits in Canada, blames new rules
12.5.2023
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
11.5.2023
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset...
New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members
10.5.2023
Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
10.5.2023
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....
Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules
10.5.2023
The U.K. opened its plans for regulating the crypto sector for public comment back in February
'War on crypto' — Newly filed letters lambast proposed SEC custody rules
9.5.2023
Industry representatives have cast doubt on the legality and impact of the U.S. securities regulator's proposal to expand custody rules
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance
6.5.2023
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without notice. Binance also said it could not comply with the injunction since...
Theater's Accidental Little Mermaid + Transformers Trailer Mashup Rules, Actually
5.5.2023
The Little Mermaid live-action remake and Transformers: Rise of the Beasts—two of the biggest upcoming movies of 2023—don’t share much in common. However, an apparent film projector accident at a theater showing Guardians of the Galaxy Vol. 3 led to the trailers for the two films playing at...
Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals
5.5.2023
Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules to aid Argentina. Also, the two countries are negotiating...
Coinbase Reports Increased Earnings in First Quarter, While Making the Call for “Crypto Specific Rules”
4.5.2023
Crypto exchange Coinbase reported higher revenue in its first quarter, while also pushing for “crypto specific rules,” in its latest earnings report.
Total revenue grew 23 percent quarter over quarter to $773 million, according to a Coinbase shareholder letter released on Thursday afternoon.
The...