“US Leaves Crypto Power Vacuum, Rival Countries Rush to Fill the Void,” Says Coinbase
Coinbase’s Vice President and Regional Managing Director in Europe, Daniel Seifert, argues that while other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, the U.S. government has opted for “regulation by enforcement,” leaving a vacuum for other countries to fill. Seifert’s comments come as Coinbase is seemingly on the verge of a court […]
Ripple’s CTO calls on the SEC to provide clarity on cryptocurrency regulations.
Ripple’s CTO David Schwartz has once again spoken out about the recent Wells notice issued by the US Securities and Exchange Commission (SEC) to Coinbase. In a tweet, the XRP Ledger architect criticized the SEC for not providing clear guidelines on cryptocurrency regulation. A Wells notice is a formal notification that allows the recipient to […]
Ripple CTO criticizes the SEC Wells Notice to Coinbase
Ripple’s CTO and CoFounder of the XRP Ledger, David Schwartz, took to Twitter to criticize the SEC’s actions following the news of Coinbase receiving a Wells notice, which is usually a prelude to an enforcement action. In a series of tweets, Schwartz suggested that the SEC’s actions may be motivated by incompetence or a desire […]
Attorney John Deaton expects more regulatory action from SEC Chair Gary Gensler that will drive crypto prices lower.
Deaton in Tweet says he expects Gensler to sue an exchange arguing that exchange’s tokens are unregistered securities. He strongly believes prices in the crypto Industry could plummet even further, letting traditional institutions like Goldman Sachs or JPMorgan Chase to buy up shares in this sector. “I’ve been saying for a year that this was […]
Securities and Exchange Commission (SEC) tries to delay the ruling on Ripple and XRP
The US Securities and Exchange Commission (SEC) has asked to invalidate the documents relating to 2018 in which Hinman claims decisive things for the outcome of the legal dispute between the American regulator and Ripple Labs, sparking criticism from sympathizers and investors. The Securities and Exchange Commission filed a motion to block the aforementioned summary […]