95% of Ripple’s customers are not from the US, CEO Garglinghouse says
Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty. Go to Source Powered by WPeMatico
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‘New rules’ for SEC could follow example set by Wyoming, says Hester Peirce
“I do think there are some issues that crypto raises that are not neatly solved by our existing securities laws,” said the SEC commissioner. Go to Source Powered by WPeMatico
Garlinghouse: Ripple would still thrive even if XRP were declared a security
The CEO thinks his company will be just fine, even in this hypothetical scenario. Go to Source Powered by WPeMatico
US intelligence is looking at Chinese CBDC as a national security threat
The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. Go to Source Powered by WPeMatico
SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value
The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US SEC Chairman Jay Clayton explained how the U.S. … Read more
Law Decoded: Green lights of the SEC, black flags of Binance, Nov. 13–20
Libel laws and new faces at the U.S. securities regulator lead the week’s news. Go to Source Powered by WPeMatico
Morgan Creek and Exos file Bitcoin fund with SEC
The Morgan Creek-Exos Bitcoin fund was filed with the SEC on Thursday. Go to Source Powered by WPeMatico
Airbnb IPO Prospectus Says Future Success Means Adapting to Cryptocurrencies
The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing notes that future success will be dependent on adapting to new technologies such as tokenization and cryptocurrencies. … Read more
Outgoing SEC Chair Jay Clayton reveals what’s driving the rise of BTC
Jay Clayton is stepping down from his role as SEC Chairman at the end of the year, but before going he wants to set the record straight on the SEC’s opinion of Bitcoin. Go to Source Powered by WPeMatico
SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case
The SEC is seeking a default judgment against three companies and four individuals for their roles in an allegedly fraudulent ICO that duped $9 million from 500 investors. Go to Source Powered by WPeMatico
