Key Meeting Between Crypto Executives and Kamala Harris Has Been Postponed
TL;DR The meeting between crypto executives and Vice President Kamala Harris, scheduled for this Monday, has been postponed to later in the week, with no...
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The SEC Opens Debate on Staking in Cryptocurrency ETFs: Impact and Perspectives
TL;DR Hester Peirce from the SEC has proposed reconsidering staking and in-kind redemption in cryptocurrency ETFs, sparking debates on regulatory flexibility. Peirce suggests that practices...
Ripple vs SEC: Garlinghouse Believes Gensler Will Cause Biden’s Defeat in the Elections
TL;DR Brad Garlinghouse, CEO of Ripple, suggested that Gary Gensler could negatively impact Joe Biden’s electoral chances in November. At the Bloomberg Invest Summit, Garlinghouse...
Ripple Challenges SEC’s $2 Billion Fine, Citing Terraform Labs Case
TL;DR Ripple argues that the SEC’s proposed fine is disproportionate compared to the Terraform Labs case. The SEC sought a $2 billion fine against Ripple,...
Terraform Labs and CEO Do Kwon Reach Tentative Settlement with SEC Over Fraud Charges
TL;DR Terraform Labs and CEO Do Kwon have reached a tentative settlement with the U.S. SEC over fraud charges related to their cryptocurrency offerings, particularly the...
Hashdex Withdraws its Ethereum ETF Application: What Happened?
TL;DR Hashdex withdraws its application for an Ethereum ETF just as the SEC approves ETH-based financial products. Hashdex’s proposal featured a unique approach, combining physical...
Lawmakers Push for Ethereum ETFs as SEC Faces Critical Decision
TL;DR Lawmakers across the aisle are pushing the SECÂ to approve spot Ethereum ETFs, citing the positive reception of Bitcoin ETFs earlier this year. They argue...
Genesis Reaches Historic $2 Billion Settlement with New York Attorney General
TL;DR Genesis reaches a $2 billion settlement with the New York Attorney General to repay defrauded investors. The settlement includes the creation of a Genesis...
Ripple Fights Against the SEC for the Confidentiality of its Documents
TL;DR Ripple continues its legal battle with the U.S. SEC, seeking to protect crucial information for its business. The company emphasized the significant risk it...
Bakkt Makes Strong Recovery: Earned $780 Million in Revenue in 2023
TL;DR Bakkt reported annual revenues of $780.1 million in 2023, marking a significant milestone in its trajectory in the cryptocurrency market. In the last quarter...