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XRP is a cryptocurrency that was created in 2012 by the company Ripple Labs. It is used as a means of exchange and a store of value, and it is designed to facilitate cross-border payments and currency exchange.The Securities and Exchange Commission (SEC) is a U.S. government agency that is
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Place/Date: - December 19th, 2022 at 2:15 pm UTC · 3 min read Source: Orbeon Protocol Although many cryptocurrency investors thought the ongoing Ripple (XRP) lawsuit would be over by the 15h of December 2022, this wasn’t the case. It seems to drag on endlessly, with both
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While little is known about its fight with the SEC, Grayscale is already preparing for future moves in case it loses the battle.Grayscale Investments, one of the biggest asset management firms in the digital currency ecosystem is mulling plans to repay its investors should its ETF plans fail.As reported by
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Grayscale Investments is exploring options to return a portion of capital underlying its flagship Grayscale Bitcoin (GBTC) product if the SEC refuses to grant a bitcoin exchange-traded fund (ETF), according to a report. Source
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition, the U.S. Treasury Department’s Financial Stability Oversight Council (FSOC) has recommended that regulatory agencies continue to “enforce existing rules and regulations applicable
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The Securities and Exchange Commission (SEC) was "asleep at the wheel" regarding how FTX Group and its subsidiaries met financial and corporate control requirements, Representative Pete Sessions said in the Saturday Report on December 17."We need to look at what the Securities and Exchange Commission was doing", stated the Texas
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The SEC recently approved a slew of blockchain-focused funds for WisdomTree but continues to deny spot Bitcoin ETFs. The Securities and Exchange Commission (SEC) has approved nine more blockchain-enabled funds from WisdomTree (NYSE: WT). This approval lends itself to WisdomTree’s overarching goal of further integrating blockchain tech to enhance investor experience. Announcing the
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The U.S. Securities and Exchange Commission (SEC) has given the green light to nine more blockchain-enabled funds from $82 billion asset manager WisdomTree.None of these funds track crypto assets themselves, but the firm does utilize the Ethereum and Stellar blockchains to keep a secondary record of share ownership, thus making
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The United States Securities Exchange Commission (SEC) filed a claim against eight individuals associated with Atlas Trading, a Discord-based forum. The forum’s co-founders, affiliated podcasters and Youtubers are being alleged of stock manipulation. The claim was filed with the U.S. District Court Southern District of Texas on Dec. 13. The regulator accuses
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U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn
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