SEC

The US Se­curities and Exchange Commission (SEC) potentially appe­aling the court ruling in favor of Ripple and its XRP holders has sparke­d discussions within the crypto community. Pro-XRP lawyer John Deaton, John Deaton, provided a detaile­d explanation of the implications and complexitie­s surrounding the enforceme­nt of the summary judgment. This ruling specifically de­clared that XRP […]

After a recent win in its battle with the SEC, Ripple aims to get approval from regulators in the UK and the Republic of Ireland. Ripple applied for registration as a crypto asset firm with the UK’s Financial Conduct Authority. Sendi Young, the firm’s European Managing Director, revealed the latest submission to DL News. Moreover, […]

Recent research published by the investment firm Galaxy Digital study shows U.S. crypto firms are resilient against government inquiry. The analysis reveals how these growing enterprises have adapted and thrived in the face of government regulations. Despite continued challenges, these businesses continue to draw significant capital. Roughly half of every fund moves into the United […]

Alex Mashinsky, CEO of bankrupt crypto lender Celsius Network, pleaded not guilty to fraud charges brought against him in the US on Thursday. The authorities accused him of defrauding customers and manipulating the price of the platform’s native crypto token, CEL.  The U.S. Department of Justice arrested him on Thursday morning. The feds charged him […]

A coalition of industry watchdogs in the United States has joined forces to voice their opposition to a draft bill on the crypto market structure put forth by the United States House Financial Services Committee. Prominent groups, including Americans for Financial Reform and the Center for Responsible Lending, wrote a detailed letter to the committee. […]

Blockchain Association, a US-based crypto advocacy firm, sent a letter to the SEC’s inspector general, Deborah Jeffrey, requesting an investigation into the digital asset firm, Prometheum.  The SEC granted Prometheum a special purpose broker-dealer (SPBD) license. Since this decision, concerns have been raised about the regulator’s motives. Notably, just a few years ago, Prometheum was […]

In a recent interview with Bloomberg TV, Mike Novogratz, the founder of crypto investment firm Galaxy Digital, expressed his belief that the approval of a spot Bitcoin exchange-traded fund (ETF) would carry significant weight and serve as a “seal of approval” from the US government and its securities regulator, the SEC.  Novogratz highlighted the increasing […]

Ethereum staking is approaching a significant milestone of 20% of the total supply staked. However, staking inflows have slowed in recent months due to regulatory uncertainties and long waiting times for new validators. Ethereum’s Shanghai upgrade, which was implemented in April 2023, enabled withdrawals from its PoS network for the first time and increased the […]