XRP court ruling marks milestone, but new crypto law could take years
Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework. Go to Source Powered by WPeMatico
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US state agency issues alert on crypto fraud happening over social media
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. Go to Source Powered by WPeMatico
UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments. Go to Source Powered by WPeMatico
US law protects institutions and exposes retail investors — Rep. Torres
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling. Go to Source Powered by WPeMatico
Kuwait bans crypto and virtual assets transactions
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country. Go to Source Powered by WPeMatico
No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. Go to Source Powered by WPeMatico
US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto
Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity”. Go to Source Powered by WPeMatico
US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling
Representative Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the ‘Torres Doctrine’. Go to Source Powered by WPeMatico
Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities. Go to Source Powered by WPeMatico
Indonesia to launch crypto exchange in July: Report
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said. Go to Source Powered by WPeMatico
