Regulation

The post Ripple XRP News: Will XRP’s Secondary Sales Determine the Future of Crypto Regulation? appeared first on Coinpedia Fintech News The last leg hanging in the Ripple vs SEC case is the only factor that troubled the experts globally is the Secondary sale issue with XRP. Now since the final appeal re-appeal window is open for 60 days it has reignited discussions about whether secondary sales of XRP should be classified as securities. This issue has taken center stage…

The post Hester Peirce Admits SEC Failures in Crypto Regulation: What This Means for the Future appeared first on Coinpedia Fintech News Fox Business reporter Eleanor Terrett recently shared a significant statement from SEC Commissioner Hester Peirce regarding the SEC’s handling of cryptocurrency regulation.  The Inside Scoop Hester Peirce’s Crypto Regret  In a recent statement, Peirce admitted that she partially blames herself for how the Commission has interpreted the Howey Test. This legal framework determines whether a financial transaction qualifies…

The post OpenSea Receives Wells Notice from the SEC: Are NFTs Next in Line for Regulation? appeared first on Coinpedia Fintech News Prominent crypto analyst Lark Davis has taken a strong stance against the recent actions of the U.S. SEC, linking them directly to what he calls a broader “crypto reset” led by the Biden administration. Davis’s critique focuses on Vice President Kamala Harris, accusing her of having the power to stop SEC Chair Gary Gensler but choosing not to.…

The XRP price has climbed by over 4% within the last 24 hours, extending its bullish trend observed over the past month. This increase propelled the token to a four-month peak of $0.6377 early on Tuesday, outperforming the top 10 cryptocurrencies in the market. However, this recent surge in value coincides with strong criticism from key Ripple executives, including CEO Brad Garlinghouse and the company’s Chief Legal Officer Stuart Alderoty, directed at the leadership of the US Securities and Exchange…

The post If History Repeats, Could Bitcoin Face 1930s-Style Regulation? Should You Support Trump? appeared first on Coinpedia Fintech News Bitcoin has now gone 137 days without reaching a new all-time high and this comes after the Bitcoin Nashville conference over the weekend, where former President Donald Trump delivered a speech. According to analyst Jason Pizzino, this phase marks the peak of the cycle where everything appears to be going up, including Bitcoin, other cryptocurrencies, stock markets, and real estate.…

Circle, the popular issuer of Stablecoin USDC has announced the launch of its Euro-backed stablecoin EURC on Coinbase’s Ethereum layer-2 network, Base. This marks a significant milestone for stablecoin EURC as it was only exclusive on Avalanche, Ethereum, Solana, and Stellar. Circle, the issuer of popular stablecoins USDC and EURC, has expanded its reach by launching EURC on Coinbase’s Ethereum layer-2 network, Base. This is a significant moment for Base and EURC as it is the EURC’s first time that…

Ripple CLO Stuart Alderoty criticizes U.S. regulatory framework for lacking clarity. Ripple unlocks 1 billion XRP from escrow, impacting market dynamics. Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple, has lately expressed his worries about the US strategy of crypto control. His comments fell during a panel discussion at Zurich, Switzerland’s Point Zero Forum. Alderoty voiced his discontent with the U.S. legal system for digital assets, stressing that the constant application of good regulation should produce expected results. Thanks…

The post Vitalik Buterin Expresses Strong Criticism Of US Crypto Regulation  appeared first on Coinpedia Fintech News Vitalik Buterin has expressed strong criticism of the current US crypto regulations framework arguing that cryptocurrencies are unfairly targeted. He highlighted that the primary issue with crypto regulations is that the system favors assets with unclear promises of potential returns over those with transparent and well-defined financial expectations. He underscored that projects offering clear explanations of expected returns and customer rights are more…

Bolivia repeals 2020 ban, allowing cryptocurrency transactions through authorized electronic means. The Central Bank of Bolivia, in collaboration with ASFI and UIF, adjusts the regulation following GAFILAT guidelines. Bolivia has lifted the ban on conducting transactions with bitcoin and other cryptocurrencies, a measure made official by the Central Bank of Bolivia (BCB) on June 26. This regulatory change revokes Board Resolution N°144/2020 that had been in effect since December 2020, thus allowing the use of electronic means to operate with…