Cryptocurrency Analysis and News Portal
Cryptocurrency payments service provider Ripple continues to see global adoption of its payment services despite a long-winded legal battle with the United States Securities and Exchange Commission (SEC) over its XRP (XRP) token.In a wide-ranging interview with Cointelegraph at Money 20/20 in Amsterdam, Sendi Young, Ripple’s managing director for Europe
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The United States securities regulator has asked for four more months to provide a response to Coinbase’s request for crypto regulatory clarity.In a June 13 letter submitted to the U.S. Court of Appeals for the Third Circuit, the Securities and Exchange Commission (SEC) said it needs an additional 120 days
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase CEO Brian Armstrong believes crypto entrepreneurs will return to the United States once the government establishes the “right outcome” for cryptocurrency regulations. In a recent interview, Armstrong emphasized that regulating crypto is simple and expressed confidence that
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The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward. Source
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Similarly, Valerii Brizhatiuk, co-founder of Swisstronik, an identity-based L1, said that “players such as Binance have a wide range of features, products and investing services. Sometimes directing these products and services to support the global user base, but still adhere to the U.S. regulation, could pose a challenge.” Original Source
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This week, regulatory affairs continued to be a top concern. Government institutions worked towards creating guidelines to adapt to the ever-changing and evolving world of cryptocurrencies. Meanwhile, the private sector showed interest in non-fungible tokens (NFTs) by collaborating on various projects. Despite these positive advancements, reports of fraudulent activities and
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Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a pathway to being labeled digital commodities.According to a discussion draft published on June 2, lawmakers proposed “establishing a functional framework” aimed at providing regulatory clarity for crypto
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid ongoing legal battles between the U.S. Securities and Exchange Commission (SEC) and several cryptocurrency organizations, a bipartisan effort led by majority whip Tom Emmer and representative Darren Soto has re-introduced the Securities Clarity Act.
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The regulator argues that it is under no obligation to meet the requirements outlined in Coinbase’s recent petition. The United States Securities Exchange Commission (SEC) has finally replied to Coinbase’s demand for regulatory clarity. Recall that the American exchange recently filed a petition asking the regulator to make clear crypto regulations.
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Therefore, our framework calls for strictly voluntary, not mandatory, DEX registration to embrace the competitive benefits of rapid DEX development without prior restraint. DEXs that want to signal their compliance with the same standards as CEXs – for example, through automated controls – can do so with voluntary registration. But
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