Cryptocurrency Analysis and News Portal
A lawyer representing thousands of crypto enthusiasts in the case brought against Ripple by the Securities and Exchange Commission (SEC) suggested a verdict could be delivered by May 6, 2023. In an April 5 interview with Thinking Crypto, John Deaton, a cryptocurrency lawyer and XRP supporter, said that Judge Analisa Torres,
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The High Court has ruled that the immigration exemption in the Data Protection Act 2018, as currently drafted, is still unlawful and must be made clearer. The ruling comes following a case brought by the3million and the Open
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Lawyers for Andrew Vara, the United States Trustee representing the interests of the Department of Justice in crypto exchange FTX’s bankruptcy proceedings, has filed an appeal against a federal judge’s denial of a motion appointing an independent examiner in the case.In a March 6 filing in U.S. Bankruptcy Court for
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In particular, Marrero is concerned that Dapper Labs restricts the trading of Moments to the Flow blockchain, a network built by Dapper as a faster and cheaper alternative to Ethereum. While this raises questions about profits and transaction fees, the judge also argues that, on a technical level, “by privatizing
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If Dapper Labs’ NBA Top Shots Moments are found to be securities, the company and its CEO could potentially face civil and criminal penalties for selling unregistered securities. Original Source
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South African financial service providers have been primed to offer cryptocurrency products and services to customers after regulatory amendments in the country.This comes after South Africa’s Financial Sector Conduct Authority (FSCA) amended its financial advisory act from 2002 on Oct. 19 to define crypto assets in the country as financial products.
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Non-fungible tokens (NFTs) can be considered property, the Singapore High Court has said. Source
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"Even if the SEC were to engage in a belated, post-discovery transaction-by-transaction analysis to identify XRP offers and sales with contracts, its claim would still fail as a matter of law. Not one of those contracts granted post-sale rights to recipients as against Ripple or imposed post-sale obligations on Ripple
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South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country.The move to classify cryptocurrencies as financial assets and not currency has been talked about for some time by the South African Reserve
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Judge Daniel J. Doyle ruled Greenidge's project "would not impact the air or water of Seneca Lake," in dismissing a stop petition filed by The Sierra Club and the Seneca Lake Guardian. Source
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