Recently, U.S. Congressman Brad Sherman (D-CA), who is one of the biggest crypto skeptics in Washington, D.C., pointed a finger at what he calls “billionaire crypto bros” for the delay in digital asset regulation. Congressman Sherman, who was “born and raised in southern California” is “currently serving his thirteenth term in Congress and has served in the House […]
Introduction Every civilization has its own unique characteristic. Such a distinct persona manifests the very identity of that coterie. It may be any...
Coinbase is filing an amicus brief in support of Ripple Labs amid the San Francisco payment company’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The top US crypto exchange requested permission to file the brief in late October and on Monday, U.S. District Judge Analisa Torres ruled that Coinbase and all […]
On Tuesday (15 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), was affected what the ripple effects of the collapse of FTX would be. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase […]
The sudden move by cryptocurrency exchange Binance to first announce that it might acquire its competitor FTX on Tuesday and then opt out of it caused a surge in volatility in the markets for digital assets.
October 28, 2022Demetrios TseasRegulatory and Legislative Analysis – GlobalThe Bank for International Settlement (BIS) publishes a report on project mBridge, which experiments with cross-border...
The development of an Ethereum Virtual Machine-compatible sidechain for the XRP Ledger, the native network of the $XRP token, could be “very bullish” for the cryptocurrency, as it has been for some of its competitors. According to the pseudonymous analyst known as Guy, who shared his thoughts on a YouTube video to his over 2 […]
In a recent interview, Deborah McCrimmon, who is Vice President of Litigation and Employment at Ripple, talked about the U.S. SEC’s ongoing lawsuit against Ripple. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, […]
With the development of cryptocurrencies, the core of the Securities and Exchange Commission’s concern has been determining whether digital assets should be classified as...
A legal claim against Binance US has been documented in California that affirms the trade deceived financial backers and offered unregistered protections to approximately...