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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 intelligence at the National Press Club on July 17 and was asked about the ruling during the questions and answers afterward. Does the
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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 down Judge Analisa Torres' decision from July 13 by examining the grounds upon which she ruled in favor of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied News of a favorable XRP ruling in its legal battle against the US SEC has sent the token’s trading volumes jumping by more than 1,300%. The ruling sparked a surge in XRP’s price, with the digital asset
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Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgment in its favor through arbitration after the platform mistakenly deposited $50,000 into a user’s account.According to the July 6 court filing, Crypto.com “erroneously deposited” $50,000 into James Deutero McJunkins’ account in June 2022, despite the user seemingly not
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Binance will not delist privacy coins in Europe, opting instead to review its classification of assets in line with EU law. Binance has reviewed its decision to delist several privacy coins in Europe. The exchange will no longer delist these coins as it works to comply with regulations stipulated by European
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Binance has decided to reverse its plan to delist a number of privacy coins in Europe after it said it has revised operations in order to comply with local regulations. In a comment from the cryptocurrency exchange recevied on June 26, Binance said that: "After carefully considering feedback from our community
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The four major media outlets advocating for the release of FTX customer names have opposed the decision to seal them. Meanwhile, a crypto lawyer told Cointelegraph that “there is clear evidence” of potential harm if the names were to be disclosed.According to a June 23 Reuters report, Bloomberg, Dow Jones &
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the Federal Reserve’s decision to pause interest rates, bitcoin experienced a decline, with prices slipping to $25,000. The cryptocurrency market is grappling with intricate security law matters, and ethereum (ETH) has also witnessed notable volatility,
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Most analysts and traders expect the Federal Open Market Committee (FOMC) to vote for holding the rates as they are. The prices of gold moved up on Wednesday as the dollar weakened while the world awaits a decision from the Fed. The slowing US inflation solidified assumptions that the Fed would
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Bitcoin (BTC) traders are taking a defensive stance ahead of Wednesday's meeting of U.S. Federal Reserve’s Federal Open Market Commitee (FOMC) meeting, with most expecting a “hawkish” pause, i.e., the central bank leaving interest rates unchanged while keeping the door open for future increases. The Fed is set to announce
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