The Chairman of the Securities and Exchange Commission (SEC) has called for the crypto space to work with regulators. The Financial Times reported that Chairman Gary Gensler had asked Congress to empower his agency so they will be better able to govern the market. It is still not clear yet which agency has oversight of…
The cryptocurrency industry might soon be flooded with different kinds of rules to checkmate its operations. The recent developments in the sector point towards a new SEC rule that will guide the security swaps occurring in many financial assets, including crypto. This information came from the SEC Chairman during a speech he gave to the…
The Brazilian Securities Regulator, Comissão de Valores Mobiliários (CVM) gives approval for an Ether exchange-traded fund (ETF). The holding company of QR Asset Management, QR Capital, announced the approval. 🔴 BREAKING: CVM aprova o 1º ETF de Ethereum da América Latina, o QETH11. O ETF da QR Asset Management, gestora do grupo QR Capital, será…
Capital International’s strategic investment in one of the most talked-about companies of the year shouldn’t raise any eyebrows. However, when said company is pursuing a never-before-seen strategy using a highly experimental digital asset, the world watches. It’s safe to say that Capital International believes in MicroStrategy as a company and in its CEO Michael Saylor.…
Ripple CEO Brad Garlinghouse says that the San Francisco-based payments startup intends to go public once its legal battle with the U.S. Securities and Exchange Commission (SEC) is settled. XRP To Go Public In an interview during the Consensus 2021 event, Garlinghouse commends Coinbase following the crypto exchange’s debut on the Nasdaq in April. Despite the…
XRP is now trading at $1 or more, even despite the parent company Ripple still being locked in a legal battle with the United States Securities and Exchange Commission. Not only does the recent pump prove the power of borderless cryptocurrencies, but it takes the token to a key technical level that if broken, should…
The U.S. Securities and Exchange Commission’s (SEC) new target is LBRY, Inc. Like it did with Ripple, the regulator accuses the company of “failing to register a security offering,” according to a document filed in the court district of New Hampshire. According to the complaint filed by the SEC, LBRY has sold “millions” in securities…
In a press release, One River Digital Asset Management, and its partner One River Asset Management announced the addition of Jay Clayton to its Academic and Regulatory Advisory Council. Clayton is a former chairman of the U.S. Securities and Exchange Commission (SEC) and is considered a detractor of cryptocurrencies. At least in practice and under…
XRP is suffering currently, even while Bitcoin trades well above its former all-time high. The reason for the altcoin’s struggles is due to the SEC slapping the coin’s parent company and its top executives with a lawsuit. The crypto community has been quick to point the finger to laugh, despite its dangerous implications for the…
The news that the United States Securities and Exchange Commission had issued a lawsuit to XRP token parent company Ripple and its two top executives, sent shockwaves throughout the crypto industry. But its domino effect is only just starting, according to the analyst who ahead of time called the recent Coinbase “delisting” that sent XRP…