SEC files appeal in Ripple lawsuit
The Securities and Exchange Commission first filed the lawsuit against Ripple Labs and both its founders in December 2020. Go to Source
SEC
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SEC enforcement chief Grewal to step down
The end of his tenure, marked by aggressive cryptocurrency enforcement, could signal a change in the agency’s approach to crypto. Go to Source
SEC’s Enforcement Chief Steps Down After Leading Over 100 Crypto Enforcement Actions
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, will leave the agency next week. During his tenure, he led several high-profile enforcement actions, particularly in the crypto sector, targeting noncompliant platforms and insider trading, resulting in billions in penalties. Gurbir Grewal to Depart as SEC Enforcement Director The … Read more
Bitwise files for first XRP ETF with US SEC
Subject to approval from the SEC, the potential Bitwise XRP ETF is designed to provide exposure to the value of XRP held directly by the trust. Go to Source
Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook on the future of XRP ETFs. Bitwise’s Move Toward an XRP … Read more
Hashdex files amended S-1 for Nasdaq Crypto Index US ETF
The filing signals progress towards a possible spot cryptocurrency index ETF listing in the US. Go to Source
SEC wins case against defunct crypto firm over $18M ICO
A US federal judge found Rivetz and its CEO Steven Sprague sold unregistered securities when it offered an Ethereum-based token in 2017. Go to Source
Kasikornbank launches first licensed Thai digital asset custodian
The new custody service will be just the latest in the bank’s new digital asset and AI activities. Go to Source
NFT sales plummet to lowest monthly volume since 2021 — CryptoSlam
NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September. Go to Source
Lawyer Expects SEC to Challenge XRP Ruling as Appeal Deadline Approaches
A former lawyer with the U.S. Securities and Exchange Commission (SEC) anticipates the agency will challenge Judge Analisa Torres’ decision regarding XRP in the Ripple lawsuit. The SEC views the ruling as flawed and is likely to submit an appeal before the approaching Oct. 7 deadline. Ripple XRP Case: SEC Expected to Appeal Judge’s Ruling … Read more
