XRP holders are petitioning the U.S. Securities and Exchange Commission (SEC) head Gary Gensler to terminate the lawsuit against digital payments giant Ripple. Crypto and Policy founder Thomas Hodge has …
MoreTag: Regulation
Texas House To Pass Crypto-Friendly Bill, Now Goes To Senate
Members of the Texas House of Representatives have passed a bill which aims to recognize cryptocurrencies under commercial law in the state. In a session of the 87th Texas Legislature …
More
SEC Chairman Hints At Strengthening Regulatory Oversight For US Cryptocurrency Exchanges
Recently confirmed U.S. Securities and Exchange Commission chair Gary Gensler punted to congress on providing more regulatory oversight to the crypto space, but also said the commission would act within …
More
Turkey May Set Up A Central Bank Custodian After Alleged Fraud On Two Major Exchanges
Following the arrests of several employees at Turkey-based crypto exchanges Thodex and Vebitcoin last week, government officials are reportedly planning to establish a central bank authority that could custody digital …
More
Biden’s Proposed Capital Gains Tax Rise Will Hit Only Richest 0.3%
Following major sell-offs in cryptocurrency markets amid reports of United States President Joe Biden’s capital gains tax rise proposal last week, the Biden administration defended nearly doubling tax levies for only the …
More
China is studying crypto as an investment tool
Li Bo, recently appointed deputy governor of the People’s Bank of China, or PBoC, reportedly spoke on the benefits of crypto as an investment tool while highlighting regulatory uncertainty in …
More
Ripple To Help Shift 100 Million XRP Between Major Crypto Exchanges
Over the past 24 hours, Ripple fintech decacorn, along with some top-tier crypto exchanges, has transferred a total of 100 million XRP tokens. In the meantime, the coin has been trading …
More
Galaxy Digital to becomes latest firm to file for a Bitcoin ETF
Galaxy Digital filed for a bitcoin exchange-traded fund (ETF) on Monday, according to a new S-1 with the Securities and Exchange Commission (SEC). The Galaxy Bitcoin ETF filing names NYSE Arca as …
More
Court rejects SEC petition to disclose personal financial statements of Ripple Garlinghouse and Larsen
Magistrate Judge Sarah Netburn believes that the disclosure of personal financial records of Brad Garlinghouse and Christopher Larsen on SEC’s demand is irrelevant to the XRP case – this is stated …
More
Ethereum (ETH) Could Still Be Classified as Security, According to SEC
During a recent conference with Magistrate Judge Sarah Netburn, Dugan Bliss, senior trial counsel at the U.S. Securities and Exchange Commission, said that the agency hasn’t taken an official position on the …
More