Regulation

XRP Advocate and Prominent Lawyer John Deaton Running Against Anti-Crypto US Senator in Massachusetts

On February 20, prominent American lawyer John Deaton announced his candidacy for the United States Senate seat in Massachusetts. His campaign video, titled “No Fear, Never Give Up,” offers a deeply personal look into Deaton’s life, motivations, and the principles guiding his political aspirations. Elizabeth Warren is a prominent American politician who has served as […]

SEC Chair Gensler Critiques Bitcoin as ‘Token of Choice’ for Ransomware, Despite Spot ETF Approvals

In a revealing conversation with David Westin on Bloomberg TV’s “Wall Street Week,” Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), talked about the intricate challenges of regulating Bitcoin and the broader cryptocurrency market. The Nuanced Approach to Bitcoin ETFs Gensler recounted the SEC’s journey with Bitcoin-related products, particularly highlighting the approval […]

Circle Co-Founder and CEO Jeremy Allaire on Stablecoin Regulation

On January 15, 2024, Jeremy Allaire, CEO of Circle, which is best known as the issuer of fiat-backed stablecoin USD Coin (USDC), spoke with CNBC at the World Economic Forum in Davos, Switzerland. Stablecoins and Blockchain Technology Allaire began by addressing the progress in blockchain technology, likening it to the post-dot-com era where, despite market […]

New Year, New Challenges: Coin Center’s Jerry Brito Highlights Daunting IRS Crypto Reporting Law

Jerry Brito, the Executive Director of Coin Center, addressed the cryptocurrency community on January 2, 2024, with a critical update on a new law affecting crypto transactions. Brito is the Executive Director of Coin Center, a leading non-profit research and advocacy center focused on public policy issues facing cryptocurrency and decentralized computing technologies like Bitcoin […]

Billionaire ‘Shark’ Mark Cuban Calls for Crypto-Specific Regulations, Criticizes SEC’s Preventive Measures

In a recent post on social media platform X dated 28 December 2023, Mark Cuban, the influential entrepreneur and television personality, expressed his views on the inadequacy of existing financial regulations in dealing with the complexities of cryptocurrency. Cuban highlighted the limitations of the Howey and Reves tests, long-standing legal benchmarks for defining securities, underscoring […]

Crypto Lawyer Explains His Reasons for Being Optimistic About the U.S. Regulatory Climate in 2024

In a recent opinion piece for CoinDesk, Michael Selig, Counsel at New York City law firm Willkie Farr & Gallagher LLP, expressed optimism about the direction of cryptocurrency regulation in the United States for 2024. His positive outlook is based on several developments and trends observed in the regulatory landscape. Here’s an overview of the […]

Big U.S. Banks Collaborate on Controversial Crypto Bill, Sparking Backlash from Crypto Community

Recent updates on the Digital Asset Anti-Money Laundering Act of 2022, a bill sponsored by Senator Elizabeth Warren (D-MA) on 15 December 2022 that proposes stringent banking regulations on crypto technology in the U.S., reveal substantial backing and involvement from key banking institutions and industry groups. The bill mandates specific federal financial agencies to formulate […]

Crypto’s Future in the U.S.: Coinbase Highlights the Importance of Pro-Crypto Policies and Grassroots Support

Earlier today, Coinbase emphasized the significant impact of the upcoming U.S. elections on the future of cryptocurrency. The company’s blog post outlines the importance of electing pro-crypto candidates and enacting supportive policies. Coinbase asserts that the current U.S. approach to cryptocurrency regulation, which it describes as “regulation by enforcement,” lacks clarity and hinders the sector’s […]

Ripple’s Chief Legal Officer Makes Three Predictions About Crypto Regulation in the U.S. in 2024

In December 2020, the U.S. Securities and Exchange Commission (SEC) initiated a lawsuit against Ripple Labs (and two of its executives, Bradley Garlinghouse and Christian A. Larsen), which centered around the allegation that Ripple conducted an unregistered securities offering through its sale of XRP, a digital asset. This case has been a significant point of […]

U.S. SEC Chair Gensler on Hedge Fund Mandates and Crypto Market Challenges

Yesterday, during a conversation with Bloomberg Television reporter Kailey Leinz, U.S. SEC Chair Gary Gensler discussed the implementation of new mandates for hedge funds aimed at reducing risks in the broader financial system. He also touched upon the challenges in the crypto market, highlighting the issue of noncompliance affecting many investors. Here are the key […]

How the US Justice Department Will Be Monitoring Binance’s Operations: Former SEC Lawyer John Reed Stark Calls It a ‘Financial Colonoscopy’

Yesterday, John Reed Stark, a former Chief of the SEC’s Office of Internet Enforcement and currently the president of Stark Consulting, shared his thoughts on the significant legal challenges facing Binance. Stark’s analysis, posted on social media platform X on 9 December 2023, dives into the implications of recent U.S. Department of Justice (DOJ) filings […]

ECB’s Andrea Enria Cautions: Crypto Firms Risk Banking Regulations if Mimicking Bank Services

Andrea Enria, Chair of the Supervisory Board of the European Central Bank (ECB), during a recent interview, shared his perspectives on the evolving dynamics in the financial technology sector, particularly focusing on FinTech firms, the digital euro, and cryptocurrencies. The European Central Bank (ECB) is the central bank for the Eurozone, the group of European […]

Singapore’s MAS Finalizes Crypto Regulations Focusing on Consumer Protection and Industry Standards

The Monetary Authority of Singapore (MAS) has recently concluded its response to the consultation paper on proposed regulations for cryptocurrency service providers, marking a significant step in establishing a regulatory framework for the crypto industry in Singapore. According to a report by Amitoj Singh for CoinDesk, MAS has reiterated its stance on discouraging speculative cryptocurrency […]

There’s No Reason for Us To Stand in the Way of a Spot Bitcoin ETF, Says U.S. SEC Commissioner Hester Peirce

Yesterday, in an interview with Bloomberg TV’s Kailey Leinz and Sonali Basak, SEC Commissioner Hester Peirce discussed various aspects of digital asset regulation and internal dynamics within the U.S. SEC. On Regulatory Framework and Binance Case Peirce emphasized the importance of proactively building a regulatory framework that allows companies to operate legally in the U.S. […]

Coinbase CEO Brian Armstrong Discusses Binance’s Legal Woes and Crypto Compliance

On 21 Nov 2023, Coinbase Co-Founder and CEO Brian Armstrong spoke to CNBC’s Kate Rooney in the aftermath of Binance pleading guilty and agreeing to “pay over $4 billion to resolve the Justice Department’s investigation into violations related to the Bank Secrecy Act (BSA), failure to register as a money transmitting business, and the International […]

“North America’s Crypto Market is More Driven by Institutional Activity Than Any Other Region’s,” Says Chainalysis Report

According to a report published by Chainalysis on October 23, North America stands as the largest cryptocurrency market they have studied, with an estimated transaction volume of $1.2 trillion between July 2022 and June 2023. This accounts for 24.4% of global cryptocurrency transactions during that period. The United States leads the pack, ranking first globally, […]

Former CFTC Chair Heath Tarbert Advocates for Urgent Stablecoin Legislation to Secure U.S. Financial Future

Heath Tarbert, who previously served as the Chairman of the Commodity Futures Trading Commission (CFTC) and is now the Chief Legal Officer at Circle, has penned an opinion piece for CoinDesk emphasizing the need for immediate legislative action on stablecoins. Tarbert draws a parallel between the financial crisis instigated by the collapse of Lehman Brothers […]

UK Crypto Companies Scramble to Adapt to Fresh Regulatory Changes by FCA

Major cryptocurrency companies such as Coinbase, Revolut, and Binance have swiftly modified their mobile and web platforms to align with the United Kingdom’s Financial Conduct Authority’s (FCA) newly implemented marketing regulations. These changes became effective on 8 October 2023. The Financial Conduct Authority (FCA) is the UK’s primary regulatory body for financial markets and firms. Established in […]

Former SEC Chair Jay Clayton on Why Recent Events Have Made Approval of a Spot Bitcoin ETF ‘Inevitable’

On 3 October 2023, Jay Clayton, the former chair of the U.S. Securities and Exchange Commission (SEC), appeared on CNBC’s ‘Squawk Box’ to discuss the criminal trial of Sam Bankman-Fried (SBF), the former CEO of the now-defunct crypto exchange FTX. Clayton offered insights into the government’s case, the role of witnesses, and the state of […]

Coinbase’s Head of US Policy on Urgency of Crypto Legislation and Future of the Industry

Kara Calvert, the Head of US Policy at Coinbase, recently appeared on “Bloomberg Technology” with Ed Ludlow and Sonali Basak to discuss the pressing issues surrounding cryptocurrency regulation in the United States. The conversation focused on the challenges and opportunities that the crypto industry faces, particularly in the context of the SEC’s busy agenda and […]

Fireside Chat With the FCA’s Head of Capital Markets: A Report From CCDAS 2023

Earlier today, Helen Boyd, a key figure at the Financial Conduct Authority (FCA) participated in a Fireside Chat with Alissa Ostrove, Chief of Staff at CCData, during CCDAS, which is the UK’s premier annual digital asset conference that is organized by CCDtata, an FCA-authorized benchmark administrator and a global leader in providing institutional-grade digital asset […]

Crypto Is like a ‘New Industrial Revolution’ That’s ‘Here to Stay’, Says UK Member of Parliament

A UK Member of Parliament has recently said that the cryptocurrency space is like a “new industrial revolution” that’s “here to stay” during a recent conversation on future-proofing the digital asset industry, in which she noted the UK has been moving to become a crypto hub. During a panel on CCData’s CCDAS conference in London, […]

‘We Can Do It The Easy Way Or The Hard Way’, Congressman McHenry Tells SEC Chair Gary Gensler

On 27 September 2023, SEC Chair Gary Gensler appeared before the U.S. House Committee on Financial Services, where he was questioned by U.S. Congressman Patrick McHenry (R-NC-10). The exchange was intense, covering a range of topics from the classification of Bitcoin to the SEC’s compliance with document requests. In his prepared testimony for this hearing, […]

Coinbase Leads Massive Effort to Unite 52 Million U.S. Crypto Owners for Law Change

Coinbase has initiated a comprehensive campaign aimed at mobilizing the 52 million Americans who own cryptocurrency. The campaign, known as the Stand with Crypto Alliance, is set to run for 14 months and is structured around three core elements. Mobilizing Crypto Advocates Through Coinbase: The first aspect of the campaign involves using the Coinbase platform […]

U.S. SEC’s Crypto Enforcement Chief Warns of More Charges for Both Centralized Exchanges and DeFi Platforms

The U.S. Securities and Exchange Commission (SEC) is sending a clear message to the cryptocurrency industry: increased regulatory scrutiny is coming. According to a recent report by CoinDesk, David Hirsch has indicated that the agency is actively monitoring several businesses in the crypto space. These businesses include both centralized exchanges like Coinbase and Binance, as […]

Circle CEO Foresees U.S. Stablecoin Regulation as Catalyst for Crypto Industry Growth

Jeremy Allaire, the CEO of Circle, believes that the United States is on the verge of implementing legislation that will regulate stablecoins, providing much-needed clarity for the cryptocurrency industry. During an interview with journalist Laura Shin on episode 543 of the Unchained Podcast, Allaire expressed optimism that the ongoing discussions around stablecoin regulation will ultimately […]

How FATF’s Crypto Travel Rule Affects Crypto Transactions and Crypto Businesses in the UK

The information in this article is based on a recently released guide — titled “Crypto Travel Rule in United Kingdom by the Financial Conduct Authority (FCA)” — from RegTech startup Notabene. The United Kingdom has proactively engaged with the crypto industry, partnering with experts and regulators to establish an evidence-based regulatory framework. The Financial Conduct […]

Two U.S. SEC Commissioners Challenge First NFT-Related Enforcement Action

On 28 August 2023, the U.S. Securities and Exchange Commission (SEC) announced that it had charged Impact Theory, LLC, a Los Angeles-based media and entertainment company, for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). The company had sold nearly $30 million worth of NFTs, promising buyers that the tokens […]

U.S. SEC Charges Impact Theory for Unregistered NFT Offering

On 28 August 2023, the U.S. Securities and Exchange Commission (SEC) announced that it had charged Impact Theory, LLC, a Los Angeles-based media and entertainment company, for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). Through this offering, the company managed to raise around $30 million from hundreds […]

DeFi Education Fund CEO Slams U.S. Treasury’s “Confusing and Self-Refuting” Draft Regulations on Crypto

On 25 August 2023, the U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), unveiled draft regulations aimed at tightening the reporting requirements for digital asset transactions. This move is part of the Biden-Harris Administration’s broader strategy to plug tax compliance loopholes and mitigate the risks of tax evasion in the […]

U.S. Treasury Proposes New Reporting Rules for Digital Asset Brokers, Crypto Community Responds

The U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has released a set of draft regulations targeting the reporting of digital asset transactions. This initiative is part of a larger agenda by the Biden-Harris Administration to close existing gaps in tax compliance and to address the perceived risks of tax […]

US Financial Editor at Financial Times Questions SEC’s Approach to Crypto Regulation

Brooke Masters, the US Financial Editor at Financial Times (FT), recently expressed concerns over the US Securities and Exchange Commission’s (SEC) approach to cryptocurrency regulation. In her FT opinion piece, Masters dived into the historical context of financial regulation in the US, highlighting the SEC’s primary role in safeguarding investors from potential fraud and ensuring […]

$XRP: Legal Expert Explains Why Judge Rakoff Was Wrong to Criticize Judge Torres’ Ruling in SEC v. Ripple Case

The ongoing SEC v. Ripple Labs lawsuit revolves around whether digital asset XRP should be classified as a security. The U.S. Securities and Exchange Commission (SEC) alleges that Ripple Labs and its executives unlawfully sold XRP as an unregistered security. On 13 July 2023, Judge Analisa Torres of the U.S. District Court for the Southern […]

$XRP: Ripple’s Chief Legal Officer Dissects Judge Rakoff’s Comments on Judge Torres’ Decision

Judge Torres’ Ruling on 13 July 2023 in SEC v. Ripple Case On 13 July 2023, a significant ruling was delivered in the ongoing SEC vs Ripple Labs lawsuit. The U.S. Securities and Exchange Commission (SEC) had accused Ripple Labs and its two senior executives, Bradley Garlinghouse and Christian A. Larsen, of unlawfully offering and selling securities. […]

$XRP: Crypto Lawyer Says Better for Ripple and XRP Community if SEC Appeals Now Rather Than in a Year

The Landmark Ruling on 13 July 2023 On 13 July 2023, a significant ruling was delivered in the ongoing SEC vs Ripple Labs lawsuit. The U.S. Securities and Exchange Commission (SEC) had accused Ripple Labs and its two senior executives, Bradley Garlinghouse and Christian A. Larsen, of unlawfully offering and selling securities. The case was presided over […]

Ripple CTO David Schwartz Reacts to Judge Rakoff’s Verdict, Gives Worst Case and Best Case Scenarios for XRP Fans

Judge Rakoff’s Ruling in SEC v. Terraform Labs Case On 31 July 2023, Judge Jed S. Rakoff of the U.S. District Court for the Southern District of New York made a significant ruling in the case “SEC v. Terraform Labs Pte. Ltd. and Do Hyeong Kwon” that could have much broader implications for the crypto space. According […]

$XRP: Former SEC Lawyer Applauds Judge Rakoff’s Decision, Says There Will be More Rejections of Judge Torres’ Decision

On 31 July 2023, Judge Jed S. Rakoff of the U.S. District Court for the Southern District of New York made a significant ruling in the case “SEC v. Terraform Labs Pte. Ltd. and Do Hyeong Kwon” that could have much broader implications for the crypto space. According to an article by The Block, in their defense, Terraform argued […]

$XRP: Ripple’s Chief Legal Officer Reassures XRP Holders Amid Regulatory Uncertainty

Yesterday’s ruling by Judge Jed S. Rakoff in the SEC vs Terraform Labs case has sent shockwaves through the crypto community. The decision, which dismissed the relevance of a previous ruling in the SEC vs. Ripple case, has left many crypto investors and enthusiasts grappling with its potential implications. Amidst this uncertainty, Stuart Alderoty, Ripple’s […]

Judge Rakoff’s Ruling Dampens Crypto Optimism: Ripple/XRP Precedent Dismissed, Crypto Investors on High Alert

In the rapidly evolving landscape of cryptocurrency regulation (or as many in the crypto community would argue, “regulation by enforcement”), Judge Analisa Torres’ ruling on 13 July 2023 in the SEC vs. Ripple case has had many crypto investors feeling bullish. However, in a surprising turn of events, a federal judge has dismissed the relevance […]

XRP: A Security or Not? Crypto Lawyer Mike Selig Clears the Air

The recent ruling in the SEC vs. Ripple case has stirred up a whirlwind of interpretations, misinterpretations, and downright confusion. Enter Michael Selig, Counsel at NYC-based law firm Willkie Farr & Gallagher LLP, who’s taken to the Twitterverse to set the record straight. Contrary to what some commentators have been suggesting, Selig explains that Judge […]

Coinbase CEO Says They Were Told by SEC ‘We Believe Every Asset Other Than Bitcoin Is a Security’

In a surprising revelation, Coinbase CEO Brian Armstrong has disclosed that the U.S. Securities and Exchange Commission (SEC) had urged the crypto exchange to halt trading in all cryptocurrencies, except Bitcoin, before initiating legal action against the company. According to a CoinDesk article published earlier today, Armstrong’s disclosure, made in an interview with the Financial […]

$XRP: U.S. Congressman Stephen Lynch Approves of Gary Gensler’s Approach to Regulating the Crypto Industry

A Recap of the Judge Torres’ Landmark Ruling in SEC vs Ripple On 13 July 2023, a significant ruling was delivered in the ongoing SEC vs Ripple Labs lawsuit. The U.S. Securities and Exchange Commission (SEC) had accused Ripple Labs and its two senior executives, Bradley Garlinghouse and Christian A. Larsen, of unlawfully offering and […]

$XRP: Legal Expert Not Worried About Potential Interlocutory Appeal by the SEC

The Landmark Ruling on 13 July 2023 On 13 July 2023, a significant ruling was delivered in the ongoing SEC vs Ripple Labs lawsuit. The U.S. Securities and Exchange Commission (SEC) had accused Ripple Labs and its two senior executives, Bradley Garlinghouse and Christian A. Larsen, of unlawfully offering and selling securities. The case was […]

$XRP: Fox Business Journalist Charlie Gasparino Takes His Trolling of XRP Army to a New Level With His Latest Criticism of Judge Torres

Charles Gasparino, a seasoned journalist with a reputation for breaking major stories in finance and politics, recently turned his attention to the world of cryptocurrency. In an article for the New York Post published on 22 July 2023, Gasparino dissected the recent ruling in the SEC vs Ripple Labs case, a decision that he claims […]

Anchorage Digital Sees Unstoppable Institutional Crypto Boom Amid Regulatory Challenges

Anchorage Digital, a pioneering crypto platform offering comprehensive financial services and infrastructure solutions, is experiencing a remarkable upswing in institutional interest in the crypto sector. As shared in an interview with The Block, Diogo Mónica, the co-founder and president of Anchorage Digital, disclosed that the firm’s assets have swelled by 80% in Q1 2023, despite […]

$XRP: Galaxy Digital CEO Says Judge Torres Just Basically Said to the SEC “You’re Wrong”

On July 21, 2023, Michael Novogratz, the founder and CEO of Galaxy Digital, appeared on “Squawk Box” and shared his insights on a range of topics, including the current state of the markets, the rise of artificial intelligence (AI), and the future of Bitcoin during a conversation with con-anchor Joe Kernen. Here’s a comprehensive recap […]

Ripple’s Triumph: CEO Brad Garlinghouse Celebrates ‘Unequivocal Win’ for Crypto in the US

In a blog post published yesterday, FinTech firm Ripple shared its perspective on last week’s court ruling that declared that the XRP token by itself is not a security. To recap, the lawsuit initiated by the SEC in December 2020 alleged that Ripple Labs and its executives Bradley Garlinghouse and Christian A. Larsen unlawfully offered […]

U.S. Congressman Torres Asks Gary Gensler for SEC Reassessment Following Landmark XRP Case Ruling

U.S. Congressman Ritchie Torres has penned a letter to Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), urging a reassessment of the commission’s approach towards cryptocurrencies. This comes in the wake of a recent court ruling in the SEC’s case against Ripple, which has been seen as a landmark decision in the […]

SEC vs Ripple: Former SEC Official Believes ‘Both Sides Will Appeal’

On 16 July 2023, Marc Fagel, a Lecturer at Stanford Law School and a former Regional Director (San Francisco Regional Office) at the U.S. Securities and Exchange Commission, said that he believes that both sides in the SEC vs. Ripple lawsuit will appeal. To recap, the lawsuit initiated by the SEC in December 2020 alleged […]

SEC vs Ripple: Former Assistant U.S. Attorney Explains Why ‘An Immediate Appeal Seems Unlikely’

In the wake of the recent split-decision ruling in the SEC vs. Ripple case, Kathryn Haun, Founder and CEO of crypto-focused investment firm Haun Ventures, has shared her insights on the matter. Haun — who has over six years of experience as a member of the board of directors of Coinbase and over eleven years […]

Ripple’s Legal Battle: Ex-SEC Attorney Stark Highlights Risks for XRP Holders

John Reed Stark, an expert on digital regulatory compliance with 15 years of experience as an SEC enforcement attorney, recently shared his detailed analysis on the recent partial victory for Ripple in the SEC vs Ripple lawsuit. Stark’s insights, published on LinkedIn on July 14, 2023, provide a comprehensive breakdown of the ruling and its […]

SEC vs. Coinbase: A Legal Showdown Shaping Crypto’s Future

The crypto industry is on the edge of its seat as Coinbase, one of the oldest and most recognized companies in the sector, faces off against the U.S. Securities and Exchange Commission (SEC) in a legal battle that could set a precedent for future regulation. The crux of the dispute revolves around the classification of […]

Ripple CEO Brad Garlinghouse Weighs in on SEC Lawsuit Outcome: A Triumph for the Crypto Industry

In the aftermath of the landmark ruling of the SEC lawsuit against Ripple Labs, Ripple’s CEO Brad Garlinghouse addressed the situation in an interview with Bloomberg TV on July 14, 2023. His insights provide a broader perspective on the effects of the ruling and its implications for the entire cryptocurrency industry. To recap, the lawsuit […]

Coinbase Defends Staking Amid Legal Actions from Several U.S. States

The latest updates on Coinbase’s legal troubles provide an intriguing glimpse into the state of cryptocurrency regulations in the United States. According to a blog post by Coinbase published on 14 July 2023, the U.S. Securities and Exchange Commission (SEC) and state regulatory bodies from ten states have raised allegations against Coinbase, centering around the […]

Landmark Ruling in SEC vs. Ripple: ‘A Surprisingly Big Win for XRP’

On 13 July 2023, Hon. Analisa Torres, a district judge at the United States District Court for the Southern District of New York, gave her ruling in the SEC vs Ripple Labs lawsuit, which was initiated in December 2020. The U.S. Securities and Exchange Commission (SEC) had filed a lawsuit against Ripple Labs Inc. and its two senior […]

American Lawyer: Investors Suing Ripple Better Pray for the SEC to Lose Its Case Against Ripple

It’s no secret that Ripple Labs Inc., the company behind the prominent cryptocurrency XRP, is caught up in two legal maelstroms that could define its future. The first case involves the United States Securities and Exchange Commission (SEC), which accuses Ripple of an unlawful sale of XRP tokens, perceived as unregistered securities. The second is […]

Ripple Labs Faces Class Action Progress: Investor Lawsuit Certified

Ripple Labs Inc. has lost a round in an ongoing securities lawsuit. A class of investors has successfully secured certification to proceed with their case against the firm. This decision has met with resistance from Ripple, its CEO Bradley Garlinghouse, and its subsidiary XRP II. Despite their objections, the class has fulfilled the essential criteria […]

Crypto Exchange Bittrex Fights Back Against SEC and Extends Support for XRP, ADA, DOGE on the Same Day

Bittrex, a major cryptocurrency exchange, has chosen to contest the SEC’s complaint against it. This decision has been applauded by a popular pseudonymous legal expert known as “MetaLawMan” on Twitter. To provide some background, the SEC charged Bittrex and its co-founder and former CEO William Shihara in April 2023 for operating an unregistered national securities […]

Blockchain Association on Why SEC Chair Gensler ‘Must Recuse Himself From Digital Asset Enforcement Decisions’

Jake Chervinsky, Chief Policy Officer at Blockchain Association, has shared a series of insights expressing concerns about the impartiality of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler in relation to digital asset enforcement decisions. Chervinsky says that these concerns stem from Chair Gensler’s stance that all digital assets, except Bitcoin, are securities. According […]

Ripple Achieves Preliminary Regulatory Approval in Singapore, Bolstering its Presence in APAC

Ripple, a leader in enterprise blockchain and cryptocurrency solutions, has announced that it has achieved ‘In-Principle Approval’ from the Monetary Authority of Singapore (MAS) for its subsidiary Ripple Markets APAC Pte Ltd. This will enable Ripple to present digital payment token services and products under regulation in Singapore, bolstering its capacity to extend the utilization […]

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