The price of XRP, the seventh-largest cryptocurrency by market capitalization, blew up by 9% in the last 24 hours to hit $1.19. Its rise followed several strong maneuvers by XRP progenitor Ripple this …
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Judge allows XRP holders to assist court in SEC vs. Ripple case
Federal Judge Analisa Torres has denied XRP holders’ motion to intervene in the U.S. Securities and Exchange Commission’s case against blockchain company Ripple since it would “unduly delay the action.” There is, however, a silver …
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Cryptocurrency community reacts to SEC’s ‘regulation through litigation’ strategy
The US Securities and Exchange Commission’s (SEC) rigid approach is being called out by market participants, legal experts and industry insiders, all independently accusing the agency for its autocratic attitude …
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SEC expresses desire to watch videos of Ripple’s company meetings
In an escalating battle over discovery, the U.S. Securities and Exchange Commission is now seeking video and audio recordings of Ripple’s company meetings to bolster the agency’s case that the …
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Gary Gensler sounds alarm over growing DeFi activity, says SEC seeking to regulate crypto sector
US Securities and Exchange Commission chairman Gary Gensler reiterated his position on the burgeoning decentralized finance sector yesterday, calling for an increased overview of the space while signaling regulations were necessarily …
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Goldman Sachs files with the SEC to make a ‘DeFi and Blockchain Equity ETF’
Wall Street megabank is planning to create an exchange-traded fund tied to the performance of companies that are working on blockchain technology and the digitization of finance, according to a …
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Robinhood: “Bitcoin is our most-traded cryptocurrency ahead of IPO”
t’s probably no surprise, but Robinhood said bitcoin was the most-traded cryptocurrency on its trading platform in 2020. In fact, bitcoin hit over $54 billion in daily average market volume …
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Judge allows Ripple to depose SEC official who decided Ethereum is not a security
San-Francisco-based fintech firm Ripple has notched up another small victory in its ongoing battle with the U.S. Securities and Exchange Commission. U.S. District Court Judge Sarah Netburn has denied the …
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Brazil’s SEC to approve South America’s first Ethereum ETF
The Brazilian Securities Commission (CVM) has authorized the first exchange-traded fund (ETF) in Latin America that tracks the performance of Ethereum (ETH), according to the local media outlet Exame. On Tuesday, …
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Chicago’s First Midwest Bank increases Bitcoin exposure via Grayscale Bitcoin Trust
A division of Chicago’s First Midwest Bank increased its Bitcoin exposure last month, a filing with the US Securities and Exchange Commission shows. First Midwest is not alone in investing in Bitcoin via …
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