SEC Approval of Spot Bitcoin ETF Imminent: Cathie Wood Insights and Market Implications

The Securities and Exchange Commission (SEC) is on the verge of approving a Spot Bitcoin Exchange-Traded Fund (ETF), a development that could have significant implications for the cryptocurrency market and investors. In this article, we explore the latest updates on…

SEC Secures Urgent Relief Measures to Stop $130 Million Fraud Targeting Indian American Community

The Securities and Exchange Commission (SEC) has taken immediate action to combat an alarming fraud scheme that has targeted the Indian American community, raising approximately $130 million since April 2021. This ongoing fraud, allegedly orchestrated by Nanban Ventures LLC and…

SEC Obtains Emergency Relief To Halt Nearly $130 Million Fraud Targeting Indian American Community

The Securities and Exchange Commission (SEC) has taken decisive action, revealing today the issuance of a temporary restraining order, asset freeze, and additional emergency measures to thwart an extensive and ongoing fraudulent scheme targeting the Indian American community. This elaborate…

NASAA Stands with SEC in Lawsuit against Coinbase

In a significant development within the cryptocurrency industry, the North American Securities Administrators Association (NASAA) has expressed its support for the U.S. Securities and Exchange Commission (SEC) in their ongoing lawsuit against Coinbase, one of the leading cryptocurrency exchanges. This…

SEC Urges Judge to Reject Coinbase Motion to Dismiss Lawsuit

In a significant legal development, the U.S. Securities and Exchange Commission (SEC) has filed a motion urging a federal judge to deny Coinbase Global’s motion to dismiss the regulator’s lawsuit against the popular cryptocurrency exchange. This move by the SEC…

Ripple CTO Dissects SEC’s Argument in Coinbase Lawsuit: Challenging the Logic Behind It

In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Technology Officer (CTO), David Schwartz, recently offered his critical insights on the SEC’s arguments presented in the lawsuit against Coinbase. As we…

SEC Asserts: ‘Major Questions’ Doctrine Does Not Bar Coinbase Crypto Case

The U.S. Securities and Exchange Commission (SEC) has responded to Coinbase’s motion for a quick judgment in the agency’s ongoing case against the crypto trading platform. In a recent brief, the SEC refutes Coinbase’s argument that Congress has not authorized…

Ripple’s Legal Triumph: Charting the Future of the Crypto Industry Amidst Regulatory Challenges

In a recent discussion, Brad Garlinghouse, CEO of Ripple, and Stu Alderoty, Ripple’s General Counsel, delved into the company’s protracted legal battle with the U.S. Securities and Exchange Commission (SEC) and its profound implications for the cryptocurrency industry. This article…

Grayscale Submits SEC Filing for Ethereum Trust Conversion to Spot ETF

In a significant move within the world of cryptocurrency investment, Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval to convert its popular Grayscale Ethereum Trust into a spot Ethereum exchange-traded fund (ETF).…

Is a Tokenized Pokémon Card a Security? SEC Chair Gary Gensler Responds—Kinda

U.S. Representative Ritchie Torres raised questions for SEC Chair Gary Gensler during a House Financial Services Committee meeting, employing Pokémon cards as an illustrative example. Gensler acknowledged that, in his interpretation of U.S. law, a Pokémon card doesn’t qualify as…