The U.S. Securities and Exchange Commission (SEC) has filed a motion to compel Ripple Labs to produce financial statements for the years 2022-2023 and post-complaint contracts governing institutional sales of XRP. This move has reignited interest in the ongoing SEC vs. Ripple case among XRP investors. The SEC’s request is part of the remedies-related discovery […]
Do Kwon, the former CEO of Terra, has formally requested a delay in his trial in the United States through a letter to Judge Jed S. Rakoff. The trial, which is in response to charges brought by the US Securities and Exchange Commission (SEC), is potentially facing a delay due to slower extradition proceedings from […]
Bitcoin ETFs experienced a rocky start after their approval by the U.S. Securities and Exchange Commission (SEC), launching on the U.S. market with price setbacks. Despite official approval, trading is not open to all investors.Last Wednesday, for the first time in the United States, the SEC approved investors to actively trade the new Bitcoin Spot […]
The Turkish government is in the final stages of completing technical studies for its crypto asset regulation. This regulation will introduce licensing and operating standards for trading platforms. The announcement was made by Turkey’s Finance Minister, Mehmet Simsek.In a recent interview with the state-owned news agency Anadolu, Simsek confirmed that the regulatory framework for crypto […]
The IOTA Foundation had a productive fourth quarter in 2023, with several teams achieving significant milestones. The Foundation’s progress towards IOTA 2.0 was outlined in its Q4 report, which also highlighted major plans for the first quarter of the following year.Among the major advancements were the IOTA 2.0 introduction campaign, the establishment of the first […]
The Securities and Exchange Commission (SEC) has ignited a storm of controversy by approving the first wave of spot bitcoin exchange-traded funds (ETFs). This decision has sparked a heated debate among lawmakers over cryptocurrency regulation.Senator Elizabeth Warren (D-MA), a longtime voice of caution in the digital asset space, is leading the opposition to the SEC’s […]
The United States Securities and Exchange Commission (SEC) has recently filed a motion against Ripple, demanding the company to provide certain documents related to an ongoing lawsuit. Ripple, in response, is seeking a brief extension to meet the SEC’s demands for documentation regarding XRP sales.The legal conflict between the two entities, which began in December […]
Senator Elizabeth Warren has publicly criticized the Securities and Exchange Commission (SEC) for its decision to approve the spot Bitcoin ETFs. She expressed her dissent on X (formerly Twitter), stating that the SEC was “wrong on the law” and “wrong on the policy” regarding the approval. In response to the SEC’s decision, she called for […]
Cathie Wood, the CEO of ARK Invest, has made waves in the cryptocurrency market by revising her Bitcoin price predictions upward. This comes in response to the SEC’s recent approval of spot ETFs. Known for her bullish stance, Wood now predicts that the digital asset could potentially reach $1.5 million by 2030, surpassing her previous […]
The United States Securities and Exchange Commission (SEC) has intensified its demands in the ongoing XRP lawsuit against Ripple Labs Inc. On January 11, 2024, the SEC filed a motion in the Southern District of New York, requesting Ripple to produce two specific categories of documents.The first demand is for Ripple’s financial statements for the […]
