Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission. Source
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Rejects
Bitcoin rejects at 21-day trendline — How low can BTC price go?
Bitcoin (BTC) failed to hold above $30,000 after the July 20 Wall Street open as one analyst forecast a return to range lows.BTC/USD 1-hour chart. Source: TradingViewBTC price sinks through $30,000Data from Cointelegraph Markets Pro and TradingView tracked weak BTC price action after a rejection at the 21-day simple moving
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UK government rejects lawmaker’s call to treat crypto like gambling
The United Kingdom government has rejected a proposal made by the House of Commons Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, highlighting that it “firmly disagrees” with the committee’s stance. A panel of British lawmakers called for regulating the U.K. crypto market similar to gambling in a
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UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
“A system of gambling regulation, in isolation, would be unlikely to address these risk factors” such as the commingling of customer funds alleged of crypto exchange FTX, or correct problems linked to insider trading and market manipulation that are covered by traditional financial regulation, the government added. Source
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German regulator reportedly rejects Binance’s crypto custody license request
The German Federal Financial Supervisory Authority (BaFin) — the country’s financial regulator — has reportedly rejected Binance’s crypto custody license application.The news was first reported by Forward Finance, citing people familiar with the matter. Cryptox reached out to Binance to confirm the news, and a spokesperson from the firm said that
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Judge Rejects FTX Founder Sam Bankman-Fried’s Motions to Dismiss Criminal Charges
Bankman-Fried, who faces wire fraud, bank fraud, operating an unlicensed money transmitter, bribery and campaign finance charges, filed to dismiss the bulk of these charges last month across seven pretrial motions. After a court hearing earlier this month, Judge Lewis Kaplan of the U.S. District Court for the Southern District
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U.S. Judge Rejects Binance.US Complaint Over SEC Press Release on Protecting Customer Money
“It is not apparent that Court intervention … is needed at this time, or that it is necessary or appropriate for the Court to get involved in wordsmithing the parties' press releases,” Judge Jackson ruled. “Nor is it clear that the agency's public relations efforts to date will materially affect
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Apple Rejects Updates to Bitcoin Wallet Zeus Citing Violation of Its License Guidance
Apple cited the absence of licenses and permissions required for an app to be available in the App Store. Since Zeus has not provided any licenses, including money transmitter licenses, it is considered to be violating Apple’s policy. Tech giant Apple Inc (NASDAQ: AAPL) has denied approving the latest version of
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Apple Rejects Bitcoin Wallet Zeus a Day After Threatening to Delist Damus
The tech giant cited transmission of a virtual currency without necessary licenses and permissions as the primary reason for the app’s rejection, according to Zeus’ founder. Source
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Bitcoin price rejects CPI boost as market Fed rate pause odds near 95%
Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewMarkets expect first Fed pause since 2021Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $26,000,
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