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The U.S. Securities and Exchange Commission is a large independent agency of the United States federal government that was created following the stock market crash in the 1920s to protect investors and the national banking system.
(DAILY NOTION): ETH/USD Records New All-Time High, Gain of 21% in 24 Hours, Next Mover: Progress of Yellen's Nomination as U.S. Treasury Secretary
Source: Yahoo Finance ETH/USD had a stellar start to the week when it rose to an all-time high above $1,470, marking a 21% gain in a span of 24 hours. This new record was hit on the seventh anniversary of Ethereum’s launch. Rahul Pagidiapti, the Chief Executive Officer of ZebPay, India’s oldest cryp
Joe Biden to Pick Ex-CFTC Chief Gensler as SEC’s New Head
Photo: SEC Gary Gensler, the former chief of US Commodity Futures Trading Commission, is on top of Joe Biden’s list of candidates for the job of chairing the Securities and Exchange Commission. According to reports in Reuters and Bloomberg, the President-elect is expected to name Gensler as the SEC
SEC Distributes $1.1 Million Bounty to Five Whistleblowers
Photo: FM For tipping off and aiding the regulator with high-quality information that led to successful enforcement actions, the United States Securities and Exchange Commission has awarded more than $1.1 million to five whistleblowers. For alerting the SEC to ‘hard-to-detect’ breaches with vital kn
A bitcoin ETF could finally become a reality in 2021 after SEC filing from VanEck
FILE PHOTO: A bitcoin sign is seen during Riga Comm 2017 fair in Riga Reuters A bitcoin ETF could finally land on Wall Street in 2021 following a new application filed with the Securities and Exchange Commission this week by VanEck. Regulators have rejected numerous bitcoin ETF proposals in the past
SEC vs. Ripple: A predictable but undesirable development
Such regulation by enforcement does indeed run the risk of stifling important and valuable innovation in the crypto space. Photo: Cointelegraph The U.S. Securities and Exchange Commission has not been kind to crypto in the past year. In Mar 2020, in the SEC v. Telegram case, the Commission won a wor
FX Broker ThinkMarkets Switches XRP Trades to Close Only Mode
Photo: FM The lineup of forex brokers that have restricted trading on the XRP pairs, following an SEC complaint against its developer, has been growing bigger. Among the latest entries into this group of brokers is ThinkMarkets. In a note to its clients, FCA-regulated ThinkMarkets, a multi-asset bro
Coinbase Sued for Allowing the Sale of XRP
Photo: Coindesk In an interesting consequence of Ripple Labs’ battle with the U.S. Securities and Exchange Commission, a Missouri man claiming to be a Coinbase client is suing the crypto exchange for selling the XRP token. In a complaint filed in the Northern District Court of California, Thomas C.
SEC lawsuit against Ripple set for virtual pretrial conference in February
Photo: Cointelegraph The SEC’s case against Ripple for selling XRP as unlicensed security will begin with a pretrial in Feb 2021. The United States District Court of the Southern District of New York has fixed Feb 22, 2021, as the date for the pretrial of the lawsuit filed by the Securities and Exch
(DAILY NOTION): XRP/USD Takes a Tumble as More Cryptocurrency Companies Delist It, Next Mover: Outcome of Battle with SEC
Source: Yahoo Finance The adage ‘when it rains, it pours’ is befitting for Ripple this season. It was recently sued by the U.S. Securities Commission (SEC) for illegal sales of securities. Following the news, two major exchanges, Coinbase and OKCoin have recently announced that they would be delisti
SEC Obtains Emergency Asset Freeze Against Virgil Capital
Photo: Coindesk The U.S. Securities and Exchange Commission (SEC) said it obtained an order imposing an asset freeze and other emergency relief against Virgil Capital LLC and its affiliated companies in connection with an alleged securities fraud relating to Virgil Capital’s flagship cryptocurrency
SEC Disapproves BOX Security's Request to Report Stock Trading Data on Ethereum Blockchain
Photo: Coindesk In a notice filed by the Securities and Exchange Commission Monday, the U.S. regulator declined to approve a rule change for tZero-backed BOX Exchange Inc., which intended to offer blockchain-based stock trade reporting. The proposal intended to have a National Market System (NMS) st
B2C2 Becomes Latest Crypto Market-Maker to Stop XRP Trading
Photo: Coindesk Cryptocurrency market-maker B2C2 halted the trading of XRP with U.S.-based counterparties, effective this past Thursday, following the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs, according to a report in The Block. Non-U.S. clients can still trade the token
SEC vs. Ripple: A predictable but undesirable development
Such regulation by enforcement does indeed run the risk of stifling important and valuable innovation in the crypto space. Photo: Cointelegraph The U.S. Securities and Exchange Commission has not been kind to crypto in the past year. In Mar 2020, in the SEC v. Telegram case, the Commission won a wor
(DAILY NOTION): XRP/USD –Freefalls to $0.212, Is There an End in Sight? Next Mover: Battle With SEC
Source: Yahoo Finance XRP/USD has dropped 50% to a low of $0.212, in the past 24 hours. It is down more than 60% from its 30-day high of $0.76. This came about after the Securities and Exchange Commission (SEC) sued Ripple stating that XRP is a security, and for illegal sales of securities worth aro
Sinovac shareholder settles compliance probe with SEC
Dec 23 (Reuters) - Chinese vaccine maker Sinovac Biotech Ltd’s shareholder 1Globe Capital LLC said on Wednesday it had settled with the U.S. Securities and Exchange Commission an investigation into its regulatory disclosure compliance. 1Globe Capital, which holds about 9.5% stake in Sinovac accordin
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