Thursday, September 16, 2021
In its recent filing, the US Securities and Exchange Commission (SEC) opposed the request made by Ripple and its co-founder Chris Larsen to answer interrogatories regarding the agency’s application of the Howey test for determining the status...
Rivetz has been charged by the US Securities and Exchange Comission (SEC) over its $18 million initial coin offering (ICO) in 2017, a recently released litigation show.The blockchain hardware firm was founded in 2013 and held an...
El Salvador made history on Tuesday as the Bitcoin Law came into effect, sanctioning the leading cryptocurrency as legal tender in the South American country.However, since President Bukele first introduced the bill, rumblings of discontent among El...
The Ukrainian Parliament has adopted a draft law legalizing and regulating cryptocurrencies and other digital assets in the country.In a nearly unanimous vote, a total of 276 Ukrainian lawmakers voted for the bill on September 8th and...
The US Securities and Exchange Commission’s (SEC) rigid approach is being called out by market participants, legal experts and industry insiders, all independently accusing the agency for its autocratic attitude and shortage of communication. The largest cryptocurrency trading...
Crypto frauds are on the rise, according to the US Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (OIEA) and Division of Enforcement’s Retail Strategy Task Force (RSTF).In its recently published investor alert, the regulator...
During the last day preceding the controversial Bitcoin (BTC) legislation coming into effect in El Salvador, the legal advisor to the presidency, Javier Argueta, got caught in the local media web as contradictory statements about the obligation of...
The Chair of the Financial Conduct Authority (FCA), Charles Randell, singled out Kim Kardashian for her role in promoting Ethereum knock-off EthereumMax (EMAX).In this respect, Randell admitted the FCA’s reach only extends to “registering UK-based cryptoasset exchanges for...
During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS) consensus mechanism, which has throughput thousands of times...
In reference to the unfolding SEC lawsuit, Ripple CEO Brad Garlinghouse doesn’t hold back in framing the case as farcical. Specifically, he referred to the upholding of impossible fair notice standards and due process.Rather ominously, he also suggests...