Cryptocurrency Market

  • Market Cap: $2,403,967,641,718.38
  • 24h Vol: $55,942,941,773.29
  • BTC Dominance: 56.52%

Crypto regulation

lawyer-expects-sec-to-challenge-xrp-ruling-as-appeal-deadline-approaches

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 […]

Lawyer Expects SEC to Challenge XRP Ruling as Appeal Deadline Approaches Read More »

sec-fines-mango-dao-for-unregistered-mngo-tokens

SEC Fines Mango DAO for Unregistered MNGO Tokens

The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of MNGO tokens and the operation of Mango Markets without proper registration. Mango Markets Hit With SEC Charges The SEC alleges that since August 2021, Mango

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south-africa-approves-63-crypto-asset-service-provider-license-applications

South Africa Approves 63 Crypto Asset Service Provider License Applications

South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably, the approvals do not mean crypto assets are recognized as a legal form

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‘secrecy-of-crypto-usage’-drives-youth-cryptocurrency-adoption,-says-nigerian-regulator

‘Secrecy of Crypto Usage’ Drives Youth Cryptocurrency Adoption, Says Nigerian Regulator

According to a Nigerian regulator, young people who are adopting cryptocurrencies are drawn to their secrecy, and many of them do not have bank accounts. However, the regulator also stated that the Securities and Exchange Commission (SEC) will continue to caution users about the potential risks of investing in this asset class. Crypto Cannot Be

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financial-stability-board-emphasizes-need-for-global-crypto-regulation-to-prevent-arbitrage

Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage

The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non-bank financial intermediation (NBFI). The FSB also reviewed progress on implementing its global regulatory framework for crypto asset

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block-earner-co-founder:-lack-of-regulation-limits-australian-crypto-market-to-token-sales-only

Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only

Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of an Australian crypto startup. The co-founder expressed optimism that the Australian Securities and Investments Commission’s recent court setback would encourage Parliament to establish a regulatory framework for the Aussie crypto

Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only Read More »

donald-trump-vows-to-be-the-‘crypto-president’-—-pledges-to-end-biden-gensler-crypto-policies-within-one-hour

Donald Trump Vows to Be the ‘Crypto President’ — Pledges to End Biden-Gensler Crypto Policies Within One Hour

Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if re-elected. He vowed to terminate the anti-crypto policies introduced by Joe Biden and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, emphasizing that their policies “will grind to a halt within one hour of a second Trump administration.”

Donald Trump Vows to Be the ‘Crypto President’ — Pledges to End Biden-Gensler Crypto Policies Within One Hour Read More »

ripple-president-says-sec-on-‘warpath’-with-crypto-industry

Ripple President Says SEC on ‘Warpath’ With Crypto Industry

The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating: “This whole dynamic of setting rules through enforcement … is really unproductive and not getting

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australian-court-exempts-block-earner-from-paying-penalty;-criticizes-regulator’s-misleading-press-release

Australian Court Exempts Block Earner from Paying Penalty; Criticizes Regulator’s Misleading Press Release

A Federal court in Australia has relieved the crypto firm Block Earner from paying a penalty for breaching the financial services law when it offered the Earner product. According to the ruling, Block Earner “acted honestly and not carelessly,” hence it should not be made to pay a pecuniary penalty. The Federal Court judge criticized

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coinbase-raises-fairshake-super-pac-fund-by-$25m-to-push-crypto-legislation

Coinbase Raises Fairshake Super PAC Fund by $25M to Push Crypto Legislation

Coinbase CEO Brian Armstrong has outlined the optimal strategy to achieve regulatory clarity for the crypto sector in the U.S. The executive emphasized the necessity of electing pro-crypto candidates, highlighting Stand With Crypto’s 900,000 advocates and their impact on key legislative votes. Armstrong also mentioned Coinbase’s recent $25 million contribution to the Fairshake Super PAC,

Coinbase Raises Fairshake Super PAC Fund by $25M to Push Crypto Legislation Read More »