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US Banks to Utilize XRP Currency Following Partial Victory in SEC Dispute

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...

Judge Rejects Classification of XRP as a Security in Ripple Labs vs. SEC Case

A judge has rejected the classification of XRP as a security in the case of the U.S. Securities and Exchange Commission (SEC) against Ripple Labs and executives Chris Larsen and Brad Garlinghouse. The judge issued a ruling stating that the Howey test criteria are clear,...

BlackRock CEO Larry Fink: Bitcoin Poised to Revolutionize Finance

In mid-June, the asset management giant filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund. BlackRock (BLK) CEO Larry Fink stated that cryptocurrencies, specifically bitcoin (BTC), have the potential to revolutionize the financial system in an interview with...

Bittrex Faces Legal Challenges in its Case with the SEC

American digital currency exchange "Bittrex" is facing new legal challenges as the Securities and Exchange Commission (SEC) has filed a lawsuit against it, accusing the exchange of operating an unregistered securities exchange, broker-dealer, and settlement venue. This lawsuit comes after six years of SEC...

Vitalik Buterin’s Perspective on SEC Issues and Their Impact on Ethereum and Solana

Vitalik Buterin, one of the founders of Ethereum, expressed his dissatisfaction with the actions of the U.S. Securities and Exchange Commission (SEC) against cryptocurrency exchanges and projects. When asked by Matt Huang, the founder of Paradigm, a California-based cryptocurrency investment firm, about his opinion...

An institutional cryptocurrency exchange has been launched today with support from Fidelity, Schwab, and Citadel.

EDX Markets, a non-custodial cryptocurrency exchange, was launched on June 20th. The exchange is supported by Citadel Securities, Fidelity Investments, and Charles Schwab. EDX distinguishes itself by focusing on institutional traders rather than retail investors and provides an Application Programming Interface (API) for trading...