FTX seeks $175M settlement with Genesis entities to resolve dispute
However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement. Go to Source
Cryptocurrency Exchange
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BIT Exchange enables XRP options trading, no need for ownership.
Profit and loss settlement will occur in USD, with OrBit Markets responsible for order book liquidity. Go to Source
Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway. Go to Source
SEC v. Ripple: Judge greenlights investment banker declarant’s entry
The court seeks to address issues related to orders that rejected the SEC’s plea to seal the Hinman speech documents and Ripple’s request to seal information regarding XRP sales. Go to Source
Coinbase political initiative features US lawmaker who admitted to ethics violations
Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules. Go to Source
Prime Trust bankruptcy spotted by crypto community months ahead
Months prior to Prime Trust filing for Chapter 11 bankruptcy, sleuths in the crypto community were on the case and still continue to follow the money. Go to Source
Coinbase VP says Canada can be a ‘global leader’ in crypto
The cryptocurrency exchange Coinbase officially launched in Canada in August 2023 and is expanding its service offerings amid a promising local crypto climate. Go to Source
Voyager’s token transfer to Coinbase grows selloff suspicions
The motive behind these transactions has triggered more speculation within the larger crypto community. Go to Source
Coinbase gains legal support as scholars file amicus brief
In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term ‘investment contract’ when interpreting its scope. Go to Source
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets. Go to Source
