SEC

The post Ripple vs. SEC: Ripple Fights Back with a Filing Of Notice of Supplemental Authority appeared first on Coinpedia Fintech News The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been ongoing for over three and a half years. In the latest development, the SEC has significantly reduced its penalty demand from $2 billion to $102 million.  Despite this, Ripple has rejected the SEC’s offer and instead filed a Notice of Supplemental Authority, as…

The post Binance’s Epic Win Over SEC: Ripple Case Now in the Spotlight appeared first on Coinpedia Fintech News In a significant ruling for Binance, the US District Court for the District of Columbia dismissed huge claims made by the SEC against Binance. Headed by the chairperson Gary Gensler, the SEC filed a legal lawsuit against Binance in June 2023, alleging the exchange sold unregistered securities and operated illegally in the U.S.  Judge’s Ruling Echoes Ripple’s Long-Awaited Victory The decision…

The SEC’s receipt of Hashdex’s application is a key step toward potentially approving a combined Bitcoin and Ethereum ETF, impacting the crypto market. Despite past rejections, the recent approval of spot Bitcoin and Ethereum ETFs suggests a favorable shift in the regulatory landscape for future crypto ETPs. According to the recent update on Binance news, the US Securities and Exchange Commission (SEC) has confirmed receipt of the 19b-4 application from Hashdex Nasdaq Crypto Index US ETF, initially announced by Nate…

XRP’s price heavily relies on the upcoming ruling in the SEC vs. Ripple case, as investors remain cautious about a decision that could prohibit its sales to US institutional investors.  According to analysts, XRP could rally to $0.55 or decline to $0.45 as it currently hovers below the 50-day and 200-day EMAs.  The price of XRP failed to record a substantial gain on Monday (July 1), as it only managed a 0.23% surge following a 0.70% gain on Sunday (June…

Ripple’s victory in the XRP vs. SEC case solidifies XRP’s non-security status. The court’s decision, now recognized as “Law of the Land,” positively impacts XRP’s market position. In a turn of events after the countdown began, as reported in a previous CNF report Ripple vs. SEC Faces Crucial 14-Day Deadline as XRP Case Battle Heats Up, Ripple finally comes out as a big winner in the XRP vs. SEC case, with non-security status becoming ‘Law of the Land’. Via his…

The post Binance vs SEC: Binance.US Ready To Fight Back In The Court Room  appeared first on Coinpedia Fintech News On Friday, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia ruled that most of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, the world’s largest cryptocurrency exchange, can proceed. This decision comes despite Binance’s efforts to stop the case, raising important questions about the exchange’s future. Binance Ready To…

The recent escalation by the US SEC follows the dismissal of the Ethereum 2.0 investigation ahead of the spot Ether ETFs listings. The US SEC has lost several cases against crypto tokens led by BNB and XRP but has remained consistent on exchanges violating securities laws. The United States Securities and Exchanges (SEC) filed a lawsuit against Consensys in a federal court in Brooklyn, New York, on Friday over allegations of violating securities laws in its flagship digital wallet dubbed…

The outcome of SEC v Binance, where Judge Amy Berman Jackson rejected SEC’s claims on Binance’s BNB token, could set a precedent affecting XRP and broader crypto regulations. John E. Deaton’s involvement with 75,000 XRP holders highlights the significance of court decisions in shaping future SEC rulings. Amid the current developments in the SEC vs Ripple case, the native cryptocurrency XRP has shown some momentum, gaining 1.67% in the last 24 hours and moving past $0.48 as of press time.…

Ripple’s approval for global transfers in Dubai signals international growth. The SEC’s initial $2 billion penalty against Ripple may be reduced to under $25 million, with potential operational restrictions pending. Ripple received approval for global transfers in Dubai. The move is significant for Ripple’s international expansion efforts despite ongoing legal challenges from the U.S. Securities and Exchange Commission (SEC). The approval underscores Ripple’s potential for growth and influence in the global financial system. The outcome of this high-profile case could…