Another court applies the Howey investment contract analysis to crypto
The ruling on the motion to dismiss in the SEC v. NAC case indicates that the SEC still has crypto sales in its crosshairs in 2021. Go to Source Powered by WPeMatico
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XRP price fails to ignite recovery as SEC enforcement director leaves post
XRP lost value on a day when the rest of the market kickstarted a sizable recovery, as the SEC enforcer behind Ripple Labs’ $1.3 billion lawsuit announced his departure. Go to Source Powered by WPeMatico
US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman
The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker Became Part of Biden’s Transition Team in November According … Read more
GateHub to continue supporting XRP despite Ripple’s legal issues
GateHub is the latest crypto firm to announce the continuation of XRP support despite Ripple’s legal issues with the SEC. Go to Source Powered by WPeMatico
Reuters: Gary Gensler, MIT blockchain professor and Obama’s CFTC chair, to head Biden SEC
Gensler taught a course on “blockchain technology’s potential use — by entrepreneurs and incumbents — to change the world of money and finance.” Go to Source Powered by WPeMatico
Seven times that US regulators stepped into crypto in 2020
From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020. Go to Source Powered by WPeMatico
IMVU’s new blockchain-backed stablecoin goes live
The token, which has gotten a lot of attention for its interesting way of placating U.S. regulators, is now live for IMVU users in over 140 countries. Go to Source Powered by WPeMatico
JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US
JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say. SEC Approving Bitcoin ETF Could Be Negative JP Morgan … Read more
Ripple CEO answers 5 key questions about the SEC lawsuit
Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm. Go to Source Powered by WPeMatico
Social networks and the digital economy: A preview of IMVU’s VCOIN
After getting some boundaries in which to operate from the SEC, IMVU’s new blockchain-based token will be a major test case for crypto. Go to Source Powered by WPeMatico
