As Ripple officials prepare to battle the SEC in court, XRP enthusiasts are galvanizing themselves around a petition that seeks to deem XRP a currency (virtual currency). The XRP enthusiasts have made enough noise to potentially get the White House…
Scaramucci’s Skybridge Capital has invested $182 Million in Bitcoin
Anthony Scaramucci’s firm Skybridge Capital has reportedly $182 million in Bitcoin according to an investor brochure it shared with publications. The $9.3 billion asset manager is set to launch the Skybridge Bitcoin Fund LP in January according to SEC documents…
Ripple Claims that Charges Against it are a ploy to Target the Entire Crypto Industry
Ripple have finally ended their silence following a series of delistings by major crypto exchanges such as Coinbase after charges were leveled against the company by the SEC. With XRP’s value in free fall, Ripple Labs have released a statement…
The SEC is Now After Ripple Labs and Two of its Main Executives
SEC Charge Ripple and Two of its Executives with conducting an unregistered $1.3 billion dollars securities offering The Securities and Exchange Commission has announced today that it has filed a suit against Ripple Labs Inc. and two of its executives,…
United States Intelligence is concerned about China’s CBDC
The United States is growing increasingly wary of China’s upcoming digital currency. On November 25, the Washington examiner brought to the fore a letter sent by National Intelligence Director John Ratcliffe to the Securities and Exchange Commission. In the letter,…
‘Crypto Mum’ gets Presidential Nomination to the SEC till 2025
Hester Peirce who has been affectionately as “Crypto mum” for a while now has been nominated to sit in the U.S Securities and Exchange Commission for a second term. The nomination by president Trump means that the lady who has…
SEC wants Funds to Remove the word ‘Blockchain’ from their ETFs
The U.S Securities and Exchange Commission is cracking down on products that could mislead investors that are eager to understand and gain exposure to Bitcoin- or its underlying technology. So serious is the securities watchdog that it is now pressurizing…
The SEC is Set to make yet another Crypto Appointment
The U.S Securities and Exchange Commission is reportedly on the hunt for a crypto specialist attorney, who will be tasked with providing more clarity as the agency seeks to navigate the choppy crypto market scene. So is this a sign…
WSJ Report: ICO’s have raised 58 times less in the First Quarter of 2019, compared to last year
About $118 million has reportedly been raised via initial coin offerings (ICOs) in Q1 of 2019, over 58 times less than $6.9 billion, the amount raised during the same period in 2018, the Wall Street Journal WSJ reports on March…
Crypto Securities Years Away from the Mainstream According to Industry Innovators
There has been a growing interest in crypto assets and blockchain lately. Despite this, some of the earliest innovators in the crypto and blockchain space say the high expectations currently being placed on the industry may not be in line…