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Coinbase’s chief legal officer requests revisions to SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto. Go to Source Powered by WPeMatico
Industry representatives have cast doubt on the legality and impact of the United States securities regulator’s proposal to expand custody rules. Go to Source Powered by WPeMatico
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of the industry is still … Read more
Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States. Go to Source Powered by WPeMatico
Nigeria’s crypto community celebrates the approval of the national blockchain policy, set to impact governance, digital identity management and e-payments. Go to Source Powered by WPeMatico
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against Coinbase in Court Lawyer James Murphy explained in a … Read more
After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s executives for making trades using confidential information. Although the sources have not named any specific … Read more
The $279 million figure is more than all of the whistleblower awards issued for the entirety of 2022, with the SEC dishing out $229 million across 103 awards last year. Go to Source Powered by WPeMatico
Coinbase’s legal battle for regulatory clarity over the trading of digital crypto assets saw a development as the Third Circuit responded to their complaint against the SEC. Go to Source Powered by WPeMatico
Nigeria’s federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology. Go to Source Powered by WPeMatico
