A crypto enthusiast, who is also a lawyer, made a revelation on Twitter (now X). Named MetaLawman, this crypto lawyer revealed a new filing from 6 securities law scholars concerning the Coinbase vs SEC case. Continue reading to see all…
SEC Collects a Whopping $24 Million From Bittrex
Bittrex is one of the smaller crypto exchanges in the United States. Apparently, larger crypto exchanges like Binance.US and Coinbase usually take the limelight when issues relating to regulatory problems come up. But the issue is that the United States…
SEC Says Bitcoin Is Not Crypto: What is Bitcoin?
The crypto industry was confused after it made the news that Bitcoin is no longer a cryptocurrency. This was after Coinbase CEO Brian Armstrong released a vital piece of information. Ultimately, the SEC tried to make Coinbase play to its…
XRP Continues Making Plans After Partial Ruling: How High Will XRP Go After Lawsuit?
In 2020, the Securities and Exchange Commission hit Ripple with many charges regarding their native token. This caused an uprising in the crypto industry, with many supporting Ripple and others taking preventive measures. Crypto exchanges like Coinbase immediately delisted XRP…
Is America Losing the Crypto Battle? More Crypto Firms Move to the Middle East
Crypto firms have been leaving the United States and establishing themselves in the Middle East. This is primarily because of the hostile environment in the United States. Over the months and years, the level of regulatory restrictions in the US…
Fear Grips Crypto Investors as Gary Gensler Asks For Multi-million Dollar Funding
For the longest time, the crypto industry has suffered from legal or regulatory wars waged against them. In most cases, these issues usually come from the government and through commissions. Especially in the United States, Gary Gensler and the Securities…
SEC seeking court Approvals to Freeze Binance US Crypto Assets
In a significant move, the U.S. Securities and Exchange Commission (SEC) is actively seeking court approval to freeze cryptocurrency assets associated with Binance US. This action, aimed at ensuring customer asset safety, underscores the SEC’s commitment to regulatory oversight in…
US Court Sets 10-day Deadline for SEC to Respond to Coinbase’s Petition for Clear Crypto Regulations
The US Third Circuit Court has granted Coinbase’s request for a response from the Securities and Exchange Commission (SEC) regarding its rulemaking petition, giving the agency a strict 10-day deadline. Coinbase initially filed a petition in July 2022, urging the…
Crypto Just Found Powerful Allies in Congress, Gensler Under Fire
Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler for missteps in the agency’s handling of digital assets. The SEC chair was admonished for the lack of clarity in regulating the crypto space. This…
SEC Chair to be Removed by Legislation – Rep. Davidson
Representative Warren Davidson is planning to introduce legislation to remove the position of Chairman in the Securities Exchange Commission (SEC). He wants the position to be replaced by an executive director who reports to the board. This move is apparently…