The major US-based crypto exchange Coinbase is still facing pressure from the Securities and Exchange Commission (SEC), despite the recent win in court for Ripple. According to a new report from investment firm Berenberg Capital, Coinbase’s “Earn” program is now particularly vulnerable to regulatory action, given that the staking rewards offered as part of the…
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Securities and Exchange Commission (SEC) chair Gary Gensler has said he is “disappointed” in a court ruling that declared that Ripple’s XRP token is “not in and of itself” a security…. Read More: SEC Chair Gary Gensler Expresses Disappointment Over Ripple Court Ruling, Continues Evaluation Read more »Sign up for e-EUR – the progressive stablecoin
Remaining questions in the legal battle between Ripple and the US Securities and Exchange Commission (SEC) have been referred to Magistrate Judge Sarah Netburn, the judge who ordered the release of the so-called ‘Hinman documents.’ Magistrate Judge Netburn will now take care of general pretrial procedures, which includes scheduling, discovery, as well as pre-trial motions…
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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.” New York Rep. Ritchie Torres has called on United States Securities and Exchange Commission (SEC) Chair Gary Gensler to reconsider the regulator’s position on crypto following a “dreadful…
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CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity. Caroline Pham, one of five commissioner of the Commodities Futures Trading Commission, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory. Speaking on Bloomberg TV on…
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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. Timothy Massad, former chair of the United States Commodity Futures Trading Commission (CFTC), has said though a Securities and Exchange Commission (SEC) v. Ripple…
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Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it. United States Securities and Exchange Commission (SEC) chair Gary Gensler has commented publicly about the last week’s ruling on the agency’s suit against Ripple. Gensler gave a talk on artificial…
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Bitcoin bulls have failed to step in, increasing the chance for a retest of the $29,500 support. Bitcoin remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The U.S. Dollar Index (DXY), which generally moves in inverse correlation to Bitcoin (BTC), dropped below 100, but that has…
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According to John Reed Stark, former attorney in the SEC’s Enforcement Division, the ruling in favor of Ripple Labs “resides on shaky ground”. Former Securities and Exchange Commission official John Reed Stark spoke out against the recent ruling on Ripple Lab’s case, calling the decision “troublesome on multiple fronts” in a LinkedIn analysis. Stark broke…
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The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that the ruling on the SEC v. Ripple case “resides on shaky ground” and will likely be reversed. “The Ripple decision grants to the institutional investor full SEC protection … However, the retail investor is not granted any SEC protection at all.…
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