Kraken Files Motion to Dismiss SEC Lawsuit, CEO Urges for Congress Intervention
Kraken CEO Dave Ripley, in a recent X post and an accompanying blog post, presented a detailed sketch of the
The Securities and Exchange Commission (SEC) is the Federal Government’s regulatory agency, responsible for overseeing the crypto industry’s compliance with its regulations. The agency was created by Congress in 1934 to regulate the securities market.
The SEC is destined to secure investors’ protection from frauds and scams, through convenient rules. The regulators also handle the registration of crypto companies, ensuring regulatory adherence. The SEC has been involved in lawsuits against industry leads such as Ripple, Binance, Coinbase, and Kraken. The crypto industry faced the severe crypto winter in 2022 following the SEC’s lawsuit against the once-prominent FTX, which later collapsed.
The Crypto regulatory landscape is constantly evolving with new rules and many major players are facing allegations for not compiling with those. It is the SEC acting as a guard to protect investors by applying the right laws. To know the latest movements of SEC that holds a significant impact, read from CryptoTale.
Kraken CEO Dave Ripley, in a recent X post and an accompanying blog post, presented a detailed sketch of the
Coinbase, the United States-based cryptocurrency exchange, has recently expressed its support for Grayscale’s proposal to convert its Ethereum Trust into
In a heated exchange on CNBC, Securities and Exchange Commission (SEC) Chair Gary Gensler faced off against the network’s anchors,
In a recent development, XRP has marked a noteworthy move, registering nearly a 5% increase over the preceding week to
In an astounding development in the ETF market, asset manager Franklin Templeton has filed for a Spot Ethereum ETF approval.
From the beginning, traders were looking for a simple way to invest in Bitcoin as they considered investing directly in
Ripple’s latest Q4 report highlighted a significant increase in XRP trading volumes, which surged to approximately $600 million daily by
Ripple has recently sought an extension for submitting additional financial disclosures following a court decision that favored the U.S. Securities
In a pivotal move, renowned crypto analyst Prosperity Fund has shed light on the fate of Ripple amidst mounting legal
A landmark decision by the United States District Court for the Southern District of New York has marked a pivotal
Tether, a major player in the cryptocurrency market, is currently injecting billions into the ecosystem. This move coincides with the
Banking giant Standard Chartered has predicted a promising outlook for Ethereum. Anticipation looms on the possibility of the approval of
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