The Nigerian Securities and Exchange Commission (SEC) warns that some virtual asset service provider (VASP) license applicants fail to meet regulatory standards, urging compliance to avoid rejection. • #Update • #Legal • @SECGov • (+3) • →
Judge Katherine Failla paused the @SECGov lawsuit against @Coinbase until an appeals court reviews conflicting crypto rulings, marking a pivotal legal moment. • #Breaking • #Legal • @Coinbase • (+8) • ↗
$SOL nears $210 as ETF approval hopes fuel crypto market optimism, driven by @NewsBTC insights. • #Update • #Crypto • $SOL • (+5)
Ripple’s legal chief Stuart Alderoty warns SEC on crypto regulation overreach for 2025 • #Update • #Legal • @Ripple • +2
Ripple’s Chief Legal Officer Stuart Alderoty urged the US Securities and Exchange Commission (SEC) to focus on regulating securities transactions, not asset sales without contractual rights, calling for collaboration with Congress to clarify crypto regulations. #Update #Legal @Ripple ↗ +5
@Ripple’s $XRP hits a 7-year high, reaching $2.82, amid ongoing SEC litigation and ETF optimism, while launching RLUSD stablecoin and seeing record activity on the XRP Ledger in the meme coin craze. #Update #Crypto @Ripple ↗ (+4)
21Shares files for an S-1 application to list its Core XRP Trust on Cboe BZX Exchange, with Coinbase as custodian. Despite SEC’s legal battle with Ripple, the move highlights growing institutional interest in diversified crypto investments like $XRP.
SEC’s filing deadline in its $XRP case is unclear, with dates between Oct. 16-18, 2024. Ripple’s CTO questions the strategy, while experts warn that missing the deadline could risk the SEC’s appeal, highlighting legal complexities in crypto regulation.
Breaking: SEC seeks public input on NYSE’s proposal to list options for $ETH ETFs by Bitwise and Grayscale. Public comments due in 21 days. Final decision expected next year. #Ethereum #Update
Breaking: Ripple fined $125M in SEC lawsuit; XRP soars 18% to $0.61. Judge Torres rules institutional sales violated securities laws, while programmatic sales did not. Potentially pivotal for future crypto regulations. $XRP #Update
Ripple (@Ripple) contests the SEC’s $2B fine, proposing a $10M civil penalty instead. CEO Brad Garlinghouse criticizes SEC’s actions, highlighting compliance with XRP token sales rules. The SEC’s fine request is 20x higher than past cases. #CryptoNews
The SEC is amending its lawsuit against Binance to avoid classifying tokens like Solana (SOL) and Cardano (ADA) as securities. This move follows a court ruling that secondary sales of BNB are not securities. Binance calls the SEC’s request premature. #CryptoRegulation
Ripple is contesting the SEC’s $2B fine, offering a $10M settlement instead. Ripple argues there were no findings of fraud and claims the demand is excessive. The outcome could reshape U.S. crypto regulations. #CryptoNews #Update
Polkadot (@Polkadot) marks its 4th anniversary with unanimous approval of the JAM upgrade, backed by over 31M $DOT tokens. This move enhances scalability and security. #Blockchain #Updates
