Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report
ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded funds. Go to Source
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CDC report underscores importance of Judge’s verdict in Ripple case
The CDC expressed satisfaction with the ruling, which aligned with their stance as articulated in their amicus brief supporting Ripple, marking an advocacy victory. Go to Source Powered by WPeMatico
‘The SEC has violated due process’ — Coinbase CLO on motion to dismiss lawsuit
Lawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that the XRP token largely did not qualify as a security by the commission’s standards. Go to Source Powered by WPeMatico
SEC freezes assets of DEBT Box, alleging $50M node license ‘sham’
Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its “node licenses.” Go to Source Powered by WPeMatico
Ripple CEO slams SEC over use of XRP report in lawsuit
Brad Garlinghouse stressed Ripple’s unchanged commitment to transparency but hinted that future reports might undergo some changes. Go to Source Powered by WPeMatico
Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple. Go to Source Powered by WPeMatico
First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act. Go to Source Powered by WPeMatico
SEC files complaint against HEX founder for allegedly offering unregistered securities
According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.” Go to Source Powered by WPeMatico
Coinbase CEO says SEC told it to delist everything but Bitcoin: Report
Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies. Go to Source Powered by WPeMatico
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
John E. Deaton believes the unequal treatment raises concerns about the regulatory body’s effectiveness and fairness, as well as the overall framework for digital assets. Go to Source Powered by WPeMatico
