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Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen
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Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen

Per the official court order, Ripple and the SEC has submitted a letter presenting their arguments ahead of the pre-trial court date.

Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain
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Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain

Oregon's federal grand jury indicted Forsage's founders. "Global Ponzi and pyramid scam" investors lost $340 million on the site.

SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets
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SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets

The second Bitcoin-futures EFT is set to begin trading next week. The US SEC has made another important move by allowing VanEck to launch trading of its Bitcoin-futures ETF.

First US DAO to battle SEC without lawyers
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First US DAO to battle SEC without lawyers

In its 2021 SEC filing, the DAO listed its native, interdependent tokens — the stablecoin Ducat and governance token Locke. The regulator has started the process of issuing a stop order, citing a slew of issues with the registration. American CryptoFed plans to file a motion to extend the deadline for responding to the SEC's Order Instituting Administrative Proceedings.

Brad Garlinghouse Lawyers Requests Documents from Binance in Ongoing Case with SEC
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Brad Garlinghouse Lawyers Requests Documents from Binance in Ongoing Case with SEC

Brad Garlinghouse's lawyers have requested some documents from Binance to back its defence against the US SEC.

Voyager reportedly sells assets on Coinbase exchange
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Voyager reportedly sells assets on Coinbase exchange

Lookonchain showed Voyager using 23 tokens worth over $100 million.

SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase
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SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase

The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation.

US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF
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US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF

US lawmakers Tom Emmer and Darren Soto have stated that they would like to see the US SEC pave the way for Bitcoin spot ETF approval.

US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler
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US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler

At a hearing held on Tuesday, Gary Gensler, chairman of the US Securities and Exchange Commission, said that the United States will not follow China's ban on cryptocurrencies.

Hong Kong Embraces Virtual Asset Spot ETFs
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Hong Kong Embraces Virtual Asset Spot ETFs

Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets.

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking
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Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking

Crypto exchange Gemini has announced the expansion of its staking services to users in Switzerland and Turkey. The development comes at a time when United States-based exchanges face regulatory hurdles with the Securities and Exchange Commission (SEC) regarding similar services.

Ripple CEO Warns SEC's "Enforcement" Approach May Hurt US Crypto Industry
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Ripple CEO Warns SEC's "Enforcement" Approach May Hurt US Crypto Industry

Ripple CEO, Brad Garlinghouse, has suggested that the US Securities and Exchange Commission's (SEC) approach to regulation is putting the US at risk of missing out on being an attractive hub for the next evolution of blockchain and crypto innovation. Garlinghouse noted that the SEC's case against Ripple is the SEC simply playing "offense" and "attacking" the industry as a whole. He added that the crypto industry has "already started moving outside" of the US given its crypto regulation process is "behind" other countries such as Australia, UK, Japan, Singapore, and Switzerland.

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