Come on, Gary Gensler didn’t threaten the industry. Of course he didn’t, but… maybe he did? If a mafia boss repeated the exact same words, there would be no doubt. And we’re quoting him verbatim. This is exactly what the Securities Exchange Commission’s Chairman told The Washington Post. They had Gary Gensler as a guest…
Solana (SOL) made headlines recently after being labeled as a “security” by the US Securities and Exchange Commission (SEC). As a result, SOL is facing challenges in its price movement. In light of this regulatory setback, investors closely monitor SOL’s performance. According to CoinMarketCap, SOL is currently priced at $15.45, sustaining a seven-day slump of…
As new details of the Ripple vs. SEC lawsuit emerged, the price of XRP felt sluggish in the last week. As of this writing, the price of XRP fluctuates at $0.32903, a 7.80 percent decrease from its latest high of $0.35874 on September 7. This price decrease is not surprising given the magnitude of the…
Today’s Ripple price analysis is rather cloudy, and analysts are expecting the market to reverse course near the $0.90 level. After being dragged down from recent highs, the XRP/USD pair may be on the verge of a new bottom. Ripple’s market value is increasing over the last several days, with the price of Ripple climbing…
Ripple, a Fintech company, makes substantial headway in its legal fight with the U.S. Securities and Exchange Commission. The XRP (the world’s seventh-largest cryptocurrency) issue will be resolved soon, according to CEO Brad Garlinghouse, who is optimistic about the case’s conclusion date. XRP continued a week-long surge in the market today that began after a…
Binance finds itself entangled in a lawsuit filed by the US Securities and Exchange Commission (SEC), dealing a heavy blow to BNB, the token issued by Binance. The allegations leveled against the crypto exchange suggest its involvement in unlawful activities, specifically multiple violations of securities laws. Consequently, the impact of these allegations manifested as substantial…
XRP is looking good, as Ripple once again scores a procedural victory in its lawsuit battle against the U.S. Securities and Exchange Commission (SEC) that has been ongoing for almost two years now. XRP gains another key victory in its ongoing legal battle with SEC Altcoin is up by 8.5% for the past seven days…
Executives of Ripple Labs and the US Securities and Exchange Commission have agreed to prolong the timeline of their lawsuit and postpone court proceedings until the end of 2022, implying that their legal standoff would likely last well into next year. Both parties jointly requested the extension in a letter to Judge Sarah Netburn, who…
Ripple Labs’ long-running legal fight with the US Securities and Exchange Commission (SEC) is officially over after both sides agreed to drop their appeals in the case. Related Reading According to reports, a joint filing on August 7 confirmed the decision to the 2nd Circuit Court of Appeals, ending a nearly five-year dispute that has…
As funding for ICOs drops amidst a regulatory crackdown by the US Securities and Exchange Commission, investors are turning to a new type of cryptocurrency investment vehicle in order to invest in projects: security tokens. ICO Fervor Wanes Following the surge in the ICO markets that occurred towards the end of 2017 and into 2018,…