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XRP Slides by 10% as United States SEC Poised to Sue Ripple for Securities Law Violation
australian securities and investments commission

XRP Slides by 10% as United States SEC Poised to Sue Ripple for Securities Law Violation

XRP has slid below the $0.50 level and is down by 9%, as news that the US Securities and Exchange Commission will sue Ripple has broken out.

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal
australian securities and investments commission

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action
australian securities and investments commission

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns
australian securities and investments commission

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.

Zambia SEC Warns Crypto Enthusiasts About Making Investments in Onyxcoin Cryptocurrency
australian securities and investments commission

Zambia SEC Warns Crypto Enthusiasts About Making Investments in Onyxcoin Cryptocurrency

The Securities and Exchange Commission in Zambia has issued a statement warning the general public that the creator of OnyxCoin Kwakoo is in no way a licensed investment advisor and should not solicit funds from within or outside the country. The CEO of the commission was reported to have made this statement.

Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets
australian securities and investments commission

Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets

Grayscale Investments has joined other exchanges and funds in removing its support of Ripple’s XRP token.

European Securities and Markets Authority Prioritizes Crypto-Related Regulation
australian securities and investments commission

European Securities and Markets Authority Prioritizes Crypto-Related Regulation

The European Securities and Markets Authority (ESMA) announced its key priorities list for 2020-2022. In its published document “Strategic Orientation for 2020-22,” the ESMA reflected its focus on supervisory convergence and its role in building the Capital Markets Union.

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation
australian securities and investments commission

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

The Australian Border Force (ABF), the Western Australian Police Force announced that the team has arrested a 27-year-old man and a 25-year-old woman over drug probe, seizing and frozen an incredible amount of 1.5 million worth of cryptocurrency found in the electronic device held by the culprits.

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading
australian securities and investments commission

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services
australian securities and investments commission

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires
australian securities and investments commission

How Bitcoin Donations Supported the Noble Cause of Taming Australian Bushfires

The harm caused by the Australian bushfires necessitated immediate response, and the Crypto Fire Alliance, a group of Australian and international blockchain and cryptocurrency businesses, stepped in to curb the situation through philanthropy.

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License
australian securities and investments commission

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.

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