Cryptocurrency Analysis and News Portal
District court judge Analisa Torres has rejected the United States Securities and Exchange Commission's (SEC) motion to file an interlocutory appeal against the recent Ripple ruling.In an Oct. 3 court order, Judge Torres denied the SEC's motion as the SEC failed to failed to meet its burden to show there
Read More
The judge had previously ruled in July that while Ripple violated federal securities laws in selling XRP to institutional investors directly, it had not done so by making XRP available to retail customers through programmatic sales to exchanges. That decision cast doubt on how strongly securities regulators would be able
Read More
A pro-XRP lawyer has highlighted more casualties and negative impacts the regulatory authority has inflicted on XRP and its investors as well
Read More
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Read More
Lawyers for Terraform Labs co-founder Do Kwon have requested a federal court to reject the United States Securities and Exchange Commission’s (SEC’s) request to question him in the U.S. over the collapse of the Terra Money ecosystem.In a Sept. 27 filing, Kwon’s legal team said that the SEC’s request to
Read More
Gary Gensler, chairman of the United States Securities and Exchange Commission, told the House Financial Services Committee hearing on Sept. 27 that he enjoys testifying before the committee. He had well over four hours of that pleasure that day, much of which was devoted to criticism of his agency’s policies
Read More
United States Representative Tom Emmer spoke out against Securities and Exchange Commission Chair Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27. According to the lawmaker, Gensler has been loyal to Wall Street “at the clear expense of innovation, competition, and everyday Americans.”Over four minutes
Read More
The document, filed on Wednesday in the U.S. District Court for the Southern District of New York, shows Kwon's lawyers are opposing any opportunity for the stablecoin creator to offer testimony to U.S. regulators. The lawyers argue that it would be "impossible" to bring Kwon to the U.S. because he
Read More
Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members
Read More
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler. Source
Read More