Ripple (XRP) vs. SEC Lawsuit Nears Climax – Could Brand New Evidence Derail Friday’s Decision?
The highly anticipated remedies and penalties phase of the Ripple vs. SEC lawsuit is nearing its climax. After 61 days…
Category: Regulations
Major Cryptocurrency Derivatives Platform BitMEX Fined for Lack of Anti-Money Laundering Controls
BitMEX, a leading derivatives platform, pleaded guilty on Wednesday to violating the Bank Secrecy Act (BSA) according to a statement…
Judge Torres’ XRP Ruling Sets Precedent, Casting Doubt on SEC’s Crypto Classification Efforts
The legal battle between Ripple and the SEC over XRP’s classification has taken a significant turn. Judge Analisa Torres’ July…
Court Victories for Crypto: Recent Rulings Favor XRP, Sets Precedent for Secondary Sales
The murky legal landscape surrounding cryptocurrencies in the U.S., particularly XRP, is finally getting a dose of much-needed clarity. Two…
Crypto Industry Sighs Relief: IRS Broker Rule Eases Up on Decentralized Exchanges (For Now)
The Internal Revenue Service (IRS) released a revised version of its “broker rule” guidance on Friday, offering a glimmer of…
SEC Shakes Crypto Market: Lido, Rocket Pool, and MetaMask in Crosshairs
The US Securities and Exchange Commission (SEC) is shaking up things in the crypto market after filing a lawsuit against…
Dubai Crypto Ban? New UAE Regs Spark Confusion, Lawyer Warns of “Unintended Consequences”
The future of cryptocurrency payments in the United Arab Emirates (UAE) hangs in the balance following the release of new…
Buckle Up, Crypto World: US Recognizes Token as Security in Landmark Fraud Case (Execs Jailed!)
In a landmark decision with significant implications for the cryptocurrency industry, two executives from Hydrogen Technology were sentenced this week…
Consensys Calls For Delay Of Crypto Tax Reporting Regulations, Citing Compliance Burden And Privacy Concerns
Consensys, a leading blockchain development firm, has urged the U.S. Internal Revenue Service (IRS) to postpone the implementation of new…
SEC Caves On $2 Billion Fine: Ripple CLO Hints At Major Win In Landmark Crypto Case
The legal battle between Ripple(XRP) Labs and the U.S. Securities and Exchange Commission (SEC) appears to be nearing a conclusion,…