Grayscale fires first salvo in case against SEC over Bitcoin ETF refusal

The SEC must submit its brief by Nov. 9. After that, Grayscale will then submit a reply brief on Nov. 30 before both parties submit a final brief on Dec. 21.

View Details

Indian PM appeals for “global cooperation” to solve crypto-related issues

Indian Prime Minister Narendra Modi has once again called for “global collaboration” to deal with the challenges posed by crypto assets. The PM made a similar statement at the Sydney Dialogue last November, calling all democratic nations to make a collective effort in regulating the nascent industry. This time, however, Modi spoke at the 2022 […]

View Details

Coinbase blasts SEC for ‘no straight answers’ following court order

The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase's rulemaking petition.

View Details

SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies

The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If the SEC wins the appeal on sales, then Ripple couldn’t use exchanges to facilitate sales.” [...]

The post SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies appeared first on Crypto Breaking News.

View Details

Ripples Legal Battle: SEC Appeal and Cross-Appeal Possibilities

Lawyers Kristi Warner and James Murphy discussed the current developments of the Ripple case, specifically on the SECs recent motion. They also considered whether they might be able to file a cross-appeal and what the ramifications of doing so might be for this case and the crypto market. The Ripple case has dominated much of […]

View Details

Montenegro halts Do Kwons extradition again ahead of appeal ruling

Do Kwons extradition has been delayed again, to the surprise of the Justice Ministry.

View Details

SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings

The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator’s motion will “seek to stay the district court proceedings.” SEC Seeks to Appeal Ruling in Ripple-XRP Case The U.S. [...]

The post SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings appeared first on Crypto Breaking News.

View Details

Dear Ripple, Don’t Settle: Embrace the Opportunity to Shape Crypto’s Future

As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP’s classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed regulatory clarity, which could ultimately promote growth and stability throughout the sector. [...]

The post Dear Ripple, Don’t Settle: Embrace the Opportunity to Shape Crypto’s Future appeared first on Crypto Breaking News.

View Details