Robinhood Executive Could be Heading the SEC Under Trump
Robinhood’s Chief Legal Officer, Dan Gallagher, is emerging as a leading contender to head the SEC if Donald Trump wins the presidency. “He’d be a natural choice,” one former senior…
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Ripple v. SEC Lawsuit Update October 8th
TL;DR The SEC appealed Judge Torres’s recent ruling, causing a sharp drop in the asset’s price. The XRP community launched a petition against the SEC’s contend, but it lacks the…
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence…
Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This…
This Is XRP’s Silver Lining Following SEC’s Appeal in the Ripple Case: Details
TL;DR XRP saw increased social media discussions due to Bitwise’s ETF filing and renewed developments on the Ripple v. SEC front. Aptos (APT) gained traction with its Asia expansion, while…
SEC’s Enforcement Chief Exits as Ripple Appeal Looms
The U.S. Securities and Exchange Commission’s (SEC) Director of Enforcement, Gurbir Grewal, has announced his resignation, effective October 11, 2024. His sudden exit comes at a critical moment for the…
Ripple Transaction Volume Skyrockets but What Does it Mean for the XRP Price?
This week, Bitwise registered a trust entity called “XRP ETF” in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a…
Study: Nearly Half of US Voters Value Pro-Crypto Stance, Trump Seen as Savvier
A Consensys and Harrisx study found that nearly half of U.S. voters support pro-crypto policies and are willing to cross party lines for pro-crypto candidates. The study revealed that 85%…
XRP Price Crashes 12% as SEC Appeals in the Ripple Lawsuit
On Oct. 2, the US Securities and Exchange Commission filed a notice of appeal in the Ripple lawsuit seeking to overturn an earlier ruling. The agency has appealed a 2023…
SEC Appeals Ripple Case, Citing Errors in Final Judgment
The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows…
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