Prior to Gary Gensler's hearing before the US Senate Banking Committee on September 11, 2023, the digital currency exchange platform Coinbase criticized the US Securities and Exchange Commission's (SEC) approach of relying solely on regulatory enforcement. On Tuesday, September 12, 2023, the Senate Committee...

Grayscale has informed the Securities and Exchange Commission (SEC) that it no longer has any legal grounds to block the conversion of its flagship Bitcoin fund to an Exchange-Traded Fund (ETF). On September 5th, Grayscale's legal team sent a letter to the SEC, requesting...

Earlier this year, the U.S. Securities and Exchange Commission (SEC) leveled harsh accusations against the Gemini platform and its associated company, Genesis Global Capital, for unlawfully offering and selling unregistered securities through the "Gemini Earn" program. According to the regulatory body, the digital asset-backed...

In a significant legal development, the renowned trading platform "Coinbase" has been asked by the U.S. regulatory authority, the Securities and Exchange Commission (SEC), to halt trading of all cryptocurrencies except Bitcoin before facing a lawsuit. This comes amid increasing controversy over the classification...

Coinbase CEO Brian Armstrong held a meeting with members of the Democratic Party in the US House of Representatives on Wednesday. The meeting is expected to address the future of legislation related to digital assets, in light of the legal issues facing Coinbase and...

Ripple, a blockchain company that manages the XRP cryptocurrency, expresses optimism that US banks will begin adopting XRP for cross-border transfer operations. Talks are expected to commence in the third quarter of this year. This sentiment is further supported by the historic ruling in favor...