As the United States faces the risk of defaulting on its debt, urgent actions are needed. One of them is to raise the debt ceiling. Some politicians, particularly Republicans, would like negotiations in this regard to take into account the interests of crypto firms. But for President Biden, that's a no-go!
The Ripple vs. SEC trial has been a long-awaited event. Although Judge Torres has not yet delivered her final verdict, the recent decision she made indicates a potential victory for the company behind XRP in the near future.
The SEC has urged the judge to dismiss Coinbase's petition for an explanation on the rules applied by the stock market regulator in the crypto industry. Immediately, Paul Grewal, Coinbase's Chief Legal Officer, expressed concerns about this response. According to him, the SEC will continue to oversee the crypto sector by enforcing regulations forcefully.
Even today, crypto adoption in El Salvador is not unanimous. In the United States, for example, American senators have just submitted a new bill. The goal: to monitor the crypto adoption (specifically Bitcoin) in El Salvador and assess its economic impact.
European authorities are actively working on establishing a framework suitable for regulating cryptocurrencies. Currently, they are particularly concerned about how to prevent tax evasion related to the crypto sector. Additionally, the UK's tax administration (His Majesty's Revenue and Customs, HMRC) has recently released a consultation document on the subject. In parallel, France aims to strengthen its measures to combat tax evasion.
The issue of tax evasion is increasingly being debated. It's one of the key issues in the regulation of crypto within the EU. Stakeholders want to speed up the process of adoption.
Crypto company Binance has been in the hot seat for the past few days. As regulators closely scrutinize the exchange, the situation seems to be going from bad to worse. Recent calls from a former SEC official are adding to the company's troubles.
The highly publicized legal battle between Ripple and the SEC continues to be a hot topic. While waiting for the verdict, analysts are speculating about the possible options for Ripple. A settlement agreement between Ripple and the SEC is still possible, but under certain conditions.
On Thursday, April 20, the European Union's (EU) MiCA regulation on cryptos was adopted. This regulation sets a new guideline for the crypto industry. It can especially be a model for the global crypto industry. Indeed, elsewhere like in the US, it's still procrastinating.
The outcome of the legal battle between Ripple and the SEC is eagerly awaited by the crypto industry. The stakes are huge for the industry. But increasingly, the chances of it losing this war seem to be shrinking. A legal expert explains why.
Ripple executives are glimpsing a victory against the SEC. A ruling is expected to take place before the end of this year. The outcome of the case will have a significant impact on crypto regulation in the US. Moving to a victory for Ripple against the SEC? For several years,…
The legal battle between Ripple and the Securities and Exchanges Commission (SEC) continues. A ruling that will impact the entire crypto market could be handed down in the coming days. The crypto community highly anticipates it. In the meantime, John Deaton, a pro-XRP lawyer, has given his opinion on the outcome of the case.
Altme announces its conformity with the European Blockchain Services Infrastructure, backed by the European Commission and 29 countries.