Australia’s financial regulator cancels license for FTX’s local entity
ASIC had previously suspended FTX’s license to operate in Australia, now the securities regulator has canceled it entirely. Go to Source Powered by WPeMatico
Securities
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Bitcoin price falls under $30K as macro and regulatory worries take center stage
As investor’s euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact BTC price. Go to Source Powered by WPeMatico
Cardano price turns bullish, but is there substance to the ADA rally?
Cardano’s DeFi footprint and network activity show an uptick in users, but will it be enough to sustain ADA’s recent bullish price action? Go to Source Powered by WPeMatico
Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor
The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin’s favor. Go to Source Powered by WPeMatico
SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video
The 2018-era Gensler appeared much more lenient towards certain cryptocurrencies, including Ether. Go to Source Powered by WPeMatico
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10. Go to Source Powered by WPeMatico
Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics
Ethereum could eventually fall afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level. Go to Source Powered by WPeMatico
Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need to make rulings to clarify them. Go to Source Powered by WPeMatico
Could Ben.eth’s PSYOP tokens face legal scrutiny? It depends, say lawyers
Michael Kanovitz, a lawyer threatening to file a class action against Ben.eth, says the PSYOP scheme bear similarities to cases that have seen SEC enforcement. Go to Source Powered by WPeMatico
Ripple vs. SEC: Could newly released documents tip the balance?
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day. Go to Source Powered by WPeMatico
