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Ripple (XRP) Whales move 180M tokens amid new updates in the SEC lawsuit

Ripple’s (XRP) latest whale actions have attracted the attention of crypto players. The entities have shifted more than 180 million coins in various transactions. The massive token transfers triggered speculations as they corresponded with crucial developments in the legal fight between the Securities & Exchange Commission and Ripple Labs. Judge Netburn issued a new order on […] дальше »

2024-4-26 11:40


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Crypto groups sue SEC, claiming overreach in new dealer rule definition

Two prominent bodies in the crypto sphere, the Blockchain Association and the Crypto Freedom Alliance of Texas, have taken legal action against the US Securities and Exchange Commission (SEC). In an April 23 court filing, the groups argued that the SEC overstepped its bounds by sanctioning a rule that redefines the parameters for what constitutes […] The post Crypto groups sue SEC, claiming overreach in new dealer rule definition appeared first on CryptoSlate. дальше »

2024-4-24 19:15


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Binance slapped with a new class-action lawsuit in Canada

Cryptocurrency exchange Binance is embroiled in a legal battle in Canada as it faces a class-action lawsuit for allegedly breaching local securities laws. The lawsuit, filed in Ontario’s Superior Court of Justice, accuses Binance of selling crypto derivative products to retail investors without proper registration, contravening the Ontario Securities Act (OSA) and federal law. The […] дальше »

2024-4-24 12:09


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SEC lawyers quit amid another legal blow for agency: report

A Bloomberg report says that two US Securities and Exchange Commission (SEC) lawyers have resigned after the latest criticism levelled against the securities regulator. Judge sanctions SEC for “gross abuse” of power The lawyers’ resignations come after federal Judge Robert Shelby ruled that the SEC’s case against Digital Licensing Inc., or Debt Box, was replete […] дальше »

2024-4-23 23:00


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IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate. дальше »

2024-4-20 03:57


Worldcoin Faces $1.2 Million Fine In Argentina For Law Violations; WLD’s Price Reacts

In recent months, Sam Altman’s open-source protocol Worldcoin (WLD) has faced increasing legal challenges as Portugal and Spain cracked down on its biometric data collection practices. Argentina has joined the list, issuing an indictment against Worldcoin after detecting allegedly abusive clauses in user contracts. дальше »

2024-4-17 06:00


Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry's fight with the U.S. Securities and Exchange Commission (SEC), filing an interim appeal on Friday that would ask a higher federal court to drill into the heart of the regulator's stance on digital assets, even as the broader SEC case proceeds through the judicial system. дальше »

2024-4-15 03:13