Recently, the court reached a decision in the case filed by the US Securities and Exchange Commission (SEC) against Ripple, imposing a hefty fine of $125 million on the company. This ruling marks the end of a lengthy legal battle spanning over four years. Following the announcement of the fine, XRP experienced a significant price
Regulation
The US Securities and Exchange Commission (SEC) has taken a strong stance against Coinbase’s request for additional discovery in their legal dispute. The SEC argues that the vast amount of information sought by Coinbase is largely irrelevant and burdensome. The SEC asserts that the documents requested by Coinbase do not directly relate to the core
The stablecoin market saw a 2.11% growth in total market capitalization in July, reaching a staggering $164 billion. This growth trend has been consistent for the past ten months, signaling a steady ascent for major stablecoins. Tether, the leading stablecoin, experienced a 1.61% increase to $116 billion, setting a new all-time high. This indicates Tether’s
Semilore Faleti is a prominent cryptocurrency writer with a specialization in journalism and content creation. Over the years, he has honed his skills in unraveling the complexities within the world of blockchains and digital assets. His dedication to educating and informing his audience sets him apart as a trusted source in the crypto journalism field.
Cryptocurrency has taken the financial world by storm, with more and more individuals jumping into the digital asset space. One key aspect of this industry is crypto journalism, where writers delve into the complexities of blockchain technology and digital currencies to provide insights and analysis. One such writer making waves in this field is Semilore
Coinbase, a prominent cryptocurrency exchange, recently came under fire for alleged breaches of campaign finance laws. A crypto researcher raised concerns regarding the company’s $25 million donation to Fairshake, a crypto Super Political Action Committee (PAC), suggesting that this donation may have violated campaign finance regulations. The timing of this donation, coinciding with negotiations for
Joey Garcia, the Director and Head of Regulatory Affairs and Public Relations at Xapo Bank, has been a key player in the evolution of cryptocurrency regulation. His journey started in 2014 when he collaborated with Wences Casares to establish a regulatory framework for cryptocurrencies in Gibraltar. Despite facing initial skepticism and resistance, Garcia’s persistence led
Bybit, a popular crypto exchange, recently announced its decision to cease operations in France due to regulatory issues. The exchange cited new developments from the French regulator, which have presented licensing obstacles. This move highlights the challenges faced by cryptocurrency exchanges in navigating complex regulatory environments. In response to the regulatory changes, Bybit expressed its
The recent endorsement of Bitcoin by former US President Donald Trump has once again thrust him into the limelight. Trump, who is reportedly considering a run for the White House in 2024, has taken a bold stance in support of the popular cryptocurrency. This move has not only garnered attention from the crypto community but
Hedge fund manager James Lavish has made a bold prediction regarding the future price of Bitcoin. He believes that the flagship cryptocurrency could potentially reach $428,000 at some point. Lavish explained that in order for Bitcoin to reach this ambitious price target, it would need to become 1% of the $900 trillion investment assets worldwide.