The hike in BTC's fiat price last week is not because it is a "digital gold" with actual utility but based on rumors that the U.S. securities regulator is close to stamping its approval to BlackRock's IBTC ETF application.
The SEC's deadline to appeal passed last week with no action from the commission, triggering a seven-day window for the court to issue the formal mandate confirming its decision.
The Chamber of Digital Commerce calls for the dismissal of the SEC's case against Binance and Changpeng Zhao, claiming that the regulator does not have jurisdiction to oversee digital assets.
The SEC scoring a win on its default judgment meant that Thor and David Chin are restrained from participating in any digital asset securities offering atop the hefty penalties they must settle.
LBRY Inc. announced its official closure in a last community post on October 20, citing a court loss and “several million dollars in debts.”
The next step in the SEC v Ripple case is to see what Ripple ends up paying for its sales of XRP and if the SEC decides to appeal the earlier ruling.
The digital asset lender has five days from the date of the order to comply by handing over the Securities and Exchange Commission’s requested documents, creating a deadline of October 18.
The U.S. Securities and Exchange Commission has elected not to appeal a court decision ordering it to reconsider its denial of Grayscale's ETP application, as it allowed the deadline for the move to pass.
The regulators have filed an amicus brief supporting the U.S. securities regulator’s case against Coinbase, accusing it of attempting to "narrow and misapply" established legal framework to avoid regulatory obligations."
As Ripple prepares to head to trial against the U.S. securities regulator, another of its executives, Kristina Campbell, decides to exit the firm following a whirlwind of intense regulatory scrutiny.
Binance’s historical willingness to knowingly allow both Hamas and its sponsor Iran to utilize its platform because it boosted Binance’s bottom line now looks even more short-sighted.
Judge Analisa Torres set a trial date for April 23, 2024, for the remaining issues on the SEC v Ripple case, with both parties expected to submit pretrial filings by the end of the year.
