Alongside Ripple execs, many investors have not shied away from supporting XRP. Recently, XRP petitioners even claimed that due to the lawsuit against Ripple, former Commissioner Jay Clayton “knowin
The Ripple vs SEC feud is taking a new turn after the latest SEC hearing last Friday, March 19. The U.S. SEC lawyers stated that exchanges won’t be violating any securities laws upon relisting the XRP cryptocurrency. XRP price has shot since then and is up 15% at the time of writing this article. As
Apollo Global Management co-founder Leon Black has left the firm completely in the wake of an investigation into his business dealing with paedophile...
The discovery hearing between the Securities and Exchange Commission and Ripple Labs may have tipped the scale in the latter’s favour.
During the hearing,...
BTC retreated from $60K, besides the fact that Bitcoin was nearing a new all-time high yesterday, the trend was discontinued today. The price of the oldest and most famous cryptocurrency suffered a fall of nearly 5% in the last 24h, bringing it down to the price of $56,697. But noteworthy is the fact that the […]
US Congress to exempt crypto from securities regulations as the Rep Warren Davidson of Ohio brought up the Token Taxonomy Act to the House. The new bill will make crypto-assets and other digital assets exempt from the securities laws and this is the third time we seen the congressmen pass this bill so let’s see […]
SEC’s Ripple lawsuit is getting murkier with every passing day! Now, the U.S. Securities regulator is now seeking the personal information of two Ripple executives. The SEC has sent the subpoenas to six banks seeking eight years’ worth of transaction information of the Ripple executives. The lawsuit filed in late December 2020 claims that Ripple
The entire market cap of cryptocurrency reached over $1.7 trillion following Senate Banking Committee in the U.S. voted in favor of Gary Gensler to take charge as the Securities and Exchange Commission’s Chairman. According to the official announcement, the Senate Committee voted 14-10 in favor of Gensler. Earlier, U.S. President Joe Biden nominated Gensler to […]
Members of the United States government have made several conflicting statements about the benchmark cryptocurrency Bitcoin. While some house members have strongly defended Bitcoin, others have firmly spoken against the asset. For objectively valid reasons, observers in the crypto-community have hinted that the contradicting comments are suggesting that there could be some friction with the […]
