Grayscale Bitcoin Trust Up 10% After Scoring Victory Against U.S. SEC

Digital asset manager Grayscale is embroiled in a legal fight against the U. S. Securities and Exchange Commission (SEC). The company requested approval to convert its most significant and most popular product, the Grayscale Bitcoin Trust (GBTC), into an Exchange Traded Fund (ETF). дальше »

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Ripple's Policy Chief Co-Signs New Pro-Crypto US Legal Act, Here's What It's About

Ripple executive is for this legal act as it will limit regulator overreach дальше »

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XRP To $1? Summary Judgment Is Very Close, Lawyers Predict

The legal battle between Ripple Labs and the U. S. Securities and Exchange Commission (SEC) is picking up steam again, and now things could move really fast. Several attorneys at once predict that summary judgment could appear at any time, within the next few days. дальше »

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Ripple Vs. SEC: Judge Issues Ruling On Daubert Motions, Here’s Who Won

In the legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, Judge Analisa Torres has issued an initial ruling, but it is not the summary judgment ruling. Instead, the judge has issued a 57-page ruling on both parties’ motions to exclude expert testimony from summary judgment (“Daubert” motions). At first glance, […] дальше »

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Ripple’s Legal Battle with SEC Continues with Latest Ruling from Judge

The ongoing legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) has taken a new turn after a court ruling excluded the SEC's key expert witness from testifying дальше »

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US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examiner

The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case. дальше »

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Coffeezilla rips Celsius Network scandal wide open

Coffeezilla provides his perspective on the recent allegations surrounding the Celsius Network, highlighting the potential legal and financial implications of the controversy. дальше »

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Tether claps back at WSJ over “stale” FUD

Tether calls Wall Street Journal’s claims “stale allegations from long ago. ” The USDT issuer noted in a recent blog post that it adheres to all regulatory and legal requirements around KYC, AML and Counter Terrorism Financing. дальше »

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Is the IMF shutting the door prematurely on Bitcoin as legal tender?

Should the International Monetary Fund leave the door open for developing countries struggling with inflation? “Bitcoin was made for the Global South.” дальше »

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Kraken continues bank launch plans amid regulatory hurdles

Kraken is still steadfast in launching its bank, despite facing a harsh regulatory landscape and several charges of violating securities laws by the US Securities and Exchange Commission.  According to Marco Santori, the Chief Legal Officer at Kraken, the launch… дальше »

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Crypto Exchange Kraken Announces Plans to Launch Its Own Bank

Kraken, one of the most popular crypto exchanges in the U. S. , reportedly has plans to launch its own bank. The news comes amid a challenging regulatory environment. Kraken’s Chief Legal Officer, Marco Santori, said, “Kraken Bank is on track to launch, very soon. дальше »

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Silvergate Discontinues Exchange Network After Second Moody’s Downgrade

Silvergate discontinues its Silvergate Exchange Network as it faces mounting pressure from reduced deposits and legal battles. The post Silvergate Discontinues Exchange Network After Second Moody’s Downgrade appeared first on BeInCrypto. дальше »

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Ripple Will Appeal Immediately If It Loses To SEC, Chief Legal Officer Says

Stuart Alderoty, the chief legal officer (CLO) of Ripple Labs, has revealed in a new interview that the fintech company will immediately appeal if judge Analisa Torres grants summary judgment in favor of the US Securities and Exchange Commission (SEC). дальше »

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Ripple vs SEC: XRP price could skyrocket 7000%, analyst claims

As Ripple Labs’ legal battle with the Securities and Exchange Commission (SEC) nears its conclusion, the fate of Ripple hangs in the balance. But that’s not all. Amidst the wild market swings, XRP has plummeted by almost 4.5% in the… дальше »

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Three Japanese Banks Start Stablecoin Experiment

Three Japanese banks, Kiraboshi Bank, Minna no Bank and The Shikoku Bank, are participating in an experiment that aims to implement a stablecoin system that meets legal requirements. дальше »

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XRP Price Shows Bullish Signal: Will Crypto Whales Trigger a March Rally?

XRP has entered a bullish trend as Ripple's legal battle with the SEC continues. Trading volume has crossed $600 million for the first time in two weeks, and XRP whales have accumulated 300 million tokens since mid-February. дальше »

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XRP Lawsuit: Ripple’s Lawyer On Why SEC’s Gensler Must Recuse Himself From Voting On Enforcement Cases

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Grayscale to Argue SEC’s Inconsistency as Bitcoin ETF Dispute Heads to Court

Grayscale says it’s preparing to argue in court next week that the Securities and Exchange Commission (SEC) inappropriately treated its bitcoin exchange-traded fund (ETF) bid differently than earlier decisions on futures ETFs, according to the company’s legal team. дальше »

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Ripple Chief Legal Officer Says SEC Chief Must Recuse Himself, Here's What Happened

Gary Gensler must recuse himself, Stuart Alderoty demands, here's why дальше »

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Ripple Calls For Recusal Of Gensler From Crypto Cases, Here’s Why

The legal battle between Ripple Labs and the U. S. Securities and Exchange Commission (SEC) continues to await a decision after the final briefs were submitted by both parties about a month ago. The latest development in the lawsuit was the intervention of Forbes journalist Dr. дальше »

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NanoLabs sues Coinbase over trademark infringement

Coinbase has been accused of trademark infringement in a legal lawsuit filed by NanoLabs. Nano Labs claims these infractions resulted in financial losses and damaged its brand image.  дальше »

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Crypto Lender Vauld Gets Further Extension for Restructuring Plan

Vauld now has until March 24 to present its restructuring plan. Its existing legal protection from its creditors expires on Feb. 28. дальше »

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Coinbase’s Chief legal officer talks about developments in regulatory landscape

Coinbase's Chief Legal Officer Paul Grewal discussed the regulatory landscape in crypto. Grewal highlighted the national security implications of the regulator's current stance on crypto. дальше »

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Ripple Will Definitely Lose Against SEC, Crypto Executive Says

Gene Hoffman, president of the Chia Network, has expressed confidence that Ripple will lose its ongoing legal battle against the US Securities and Exchange Commission (SEC) дальше »

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Crypto lawyers flame Gensler over claims that all crypto are securities

Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims, saying that the the Securities and Exchange Commission has no legal standing to police the space. дальше »

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Colombia’s legal system experiments in the metaverse: Report

Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse. дальше »

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GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO

Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot Bitcoin ETF, there would “no longer” be a discount or a premium amid ongoing legal action against the SEC. дальше »

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Asian Crypto Giant HashKey Group Now Licensed to Start OTC Trading in Hong Kong

Major crypto financial services company in Asia has secured legal permission to begin OTC business in Hong Kong дальше »

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IMF exec board endorses crypto policy framework, including no crypto as legal tender

The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador. дальше »

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Crypto as Legal Tender a Red Flag as International Monetary Fund Backs Restrictions

On Thursday, the IMF sent a worrying signal to the ecosystem that cryptocurrencies should not be “legal tender.” The post Crypto as Legal Tender a Red Flag as International Monetary Fund Backs Restrictions appeared first on BeInCrypto. дальше »

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Crypto should not be given official currency, legal tender status – IMF

The International Monetary Fund (IMF) warned that giving cryptocurrencies the status of legal tender or official currency could lead to adverse effects on the monetary sovereignty and stability of a nation. дальше »

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IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender

Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said дальше »

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SEC v. Ripple: Hinman Emails Deemed Irrelevant by Legal Expert

Hinman emails could have no sway in SEC v. Ripple case, according to legal expert дальше »

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Sam Bankman-Fried’s legal team challenges subpoena over procedural issues and Fifth Amendment rights

Legal counsel for former FTX CEO Sam Bankman-Fried is opposing a subpoena that would require him to participate in a remote deposition. They have requested a federal judge to block the subpoena in question. дальше »

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Legal Expert Has ‘No Doubt’ Ripple Will Win Legal War Against SEC — Can It Supercharge XRP To $1?

Crypto lawyer and founder of CryptoLaw, John E. Deaton, has expressed confidence that a momentous Ripple win against the rogue, overbearing U.S. Securities and Exchange Commission (SEC) is bound to happen. дальше »

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Composable Finance CEO denies legal violations as CTO steps down

The chief technology officer stepped down from the DeFi-focused infrastructure firm on Feb. 20, but not without some allegations aimed at his former company and its CEO. дальше »

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Ripple's Legal Counsel Calls Out SEC's "Bullying" Tactics

Ripple's legal counsel, Stuart Alderoty, has taken to Twitter to criticize the U.S. Securities and Exchange Commission (SEC) for its approach to regulating cryptocurrencies дальше »

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Stablegains sued for allegedly misleading investors on UST as a safe investment

DeFi yield platform Stablegains is facing legal action in California for allegedly misleading investors and violating securities laws. дальше »

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Platypus to work on compensation plan after $8.5M attack

According to the DeFi protocol, different parties, including legal enforcement officials, are currently involved in the funds’ recovery process. дальше »

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Bitcoin (BTC) May Go to Zero If This Happens, Says Bitcoin Veteran

Cobra's comments were in response to article highlighting how many developers are leaving Bitcoin or contributing less because of legal risk and burnout дальше »

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No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1

A tweet suggesting the city will make crypto “fully legal” for all citizens is a misreading of the legislation. дальше »

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Mt. Gox top creditor goes with early payout option: Report

The creditor will be paid by September this year instead of waiting for the legal processes to be finished.

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Coinbase Hits Back at SEC’s Crypto Custody Proposal

Paul Grewal, the company’s chief legal officer, took to Twitter to announce that Coinbase Custody Trust Co. is currently a qualified custodian and will remain so дальше »

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Knives out for Celsius and FTX as Separate Actions Accuse Firms of Hyping Projects

The trouble deepens for FTX Series B Investors and the former team of bankrupt lending protocol Celsius as they fight more legal battles. The post Knives out for Celsius and FTX as Separate Actions Accuse Firms of Hyping Projects appeared first on BeInCrypto. дальше »

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IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction

One community member interpreted the IMF’s move as a way to “scare other countries away” from adopting Bitcoin as a legal tender. дальше »

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SEC to pursue Paxos for Binance USD stablecoin issuance

SEC has begun legal plans to sue Paxos for issuing and listing Binance USD, a well-known stablecoin in the crypto ecosystem. The financial watchdog argues that the firm’s token issuance violates investor protection laws. SEC trails Paxos The US Securities… дальше »

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Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft

Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules. дальше »

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IMF Slams El Salvador Bitcoin Bonds (Again), But Tourism Spikes 30%

The IMF criticized El Salvador for its decision to make bitcoin legal tender in a statement published about the country’s economy. The post IMF Slams El Salvador Bitcoin Bonds (Again), But Tourism Spikes 30% appeared first on BeInCrypto. дальше »

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Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government

Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn. дальше »

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Celsius’ Proposed Extension for Restructuring Opposed by Creditors, US Government

Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn. дальше »

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