Auto Added by WPeMatico

SEC Chair Backs CLARITY Act — Says He’s ‘Optimistic’ Congress Will Pass Landmark Crypto Bill

SEC Chair Paul Atkins says he is optimistic Congress will pass the CLARITY Act, a landmark crypto market structure bill designed to create clearer digital asset rules. The Senate review…

Continue ReadingSEC Chair Backs CLARITY Act — Says He’s ‘Optimistic’ Congress Will Pass Landmark Crypto Bill

Sen. Jon Husted Backs the CLARITY Act as Odds of Passage Slip to 30%: Here’s What He Said

U.S. Senator Jon Husted (R-OH) publicly backed the Digital Asset Market Clarity Act on July 28, arguing the bill is essential for U.S. leadership in digital assets, even as the…

Continue ReadingSen. Jon Husted Backs the CLARITY Act as Odds of Passage Slip to 30%: Here’s What He Said

Charles Schwab Calls CLARITY Act a ‘Fundamental Catalyst’ as White House and Thune Clash Over Timing

Charles Schwab, which manages $13 trillion in client assets, is calling the CLARITY Act a “really important fundamental catalyst” that “needs to pass” even as Senate Majority Leader John Thune…

Continue ReadingCharles Schwab Calls CLARITY Act a ‘Fundamental Catalyst’ as White House and Thune Clash Over Timing

SEC Agrees to Overhaul Recordkeeping After Settling Coinbase Lawsuit Over Gensler’s Lost Texts

The US Securities and Exchange Commission went on a blatant war against the cryptocurrency industry in the past couple of years of Gary Gensler’s tenure, especially following the loud collapse…

Continue ReadingSEC Agrees to Overhaul Recordkeeping After Settling Coinbase Lawsuit Over Gensler’s Lost Texts

Ripple’s Schwartz Says SEC Treated XRP Like a Security Despite Calling the Crypto ‘Just Code’

Ripple CTO Emeritus David Schwartz says the SEC effectively treated XRP as a security despite acknowledging the crypto token was not inherently one, challenging a former SEC attorney’s interpretation of…

Continue ReadingRipple’s Schwartz Says SEC Treated XRP Like a Security Despite Calling the Crypto ‘Just Code’

3 Years After The Key Ripple-SEC Ruling: How XRP Went From SEC Target to Institutional Asset

It has been three years since Judge Analisa Torres delivered her landmark ruling that Ripple’s programmatic sales of XRP on crypto exchanges did not constitute securities transactions. This decision remains…

Continue Reading3 Years After The Key Ripple-SEC Ruling: How XRP Went From SEC Target to Institutional Asset