SEC

The Philippines Security and Exchange Commission has issued an advisory against online trading platform eToro, accusing it of offering unregistered securities in the country.  The Philippines regulator had earlier taken action against Binance and blockaded the exchange’s operations in the country.  Philippines SEC Issues Advisory  The regulator issued the advisory in March and was publicly posted on the 4th of April, informing the public at large that eToro was not authorized to sell or offer securities to investors in the…

The post XRP Price Outlook Amid Possible $2 Billion SEC Fine Demand; NuggetRush Captures New Attention For A Massive Token Launch appeared first on Coinpedia Fintech News TLDR Ripple Labs, creator of XRP (XRP), faces a potential $2 billion fine from the SEC, with legal disputes and criticism over the SEC’s approach. Despite recent legal clarity, XRP’s performance has been dismal, potentially influenced by Ripple’s monthly XRP sales. NuggetRush (NUGX) is a play-to-earn (P2E) game that lets users earn income…

As per procedure, the SEC has commenced a comment period for three proposed Ethereum spot ETFs amidst a cautious industry outlook and ongoing regulatory scrutiny.  Comment Period Commences The U.S. Securities and Exchange Commission (SEC) has initiated a crucial step in the potential approval process for Ethereum-based exchange-traded funds (ETFs). With the deadline for a decision on VanEck’s filing drawing near, the SEC has opened the floor for public comments on three proposed ether spot ETFs. In a move reflective…

Analysts have reduced the odds of spot Ethereum ETF approvals to 25%. Industry veterans believe longer delays in approval might help TradFi adjust to crypto more. Recent developments including an investigation from the United States Securities and Exchange Commission (SEC) appear to have cast a shadow of doubt over the immediate prospects of a spot Ethereum Exchange-Traded Fund (ETF) launch. Bloomberg ETF expert Eric Balchunas recently reduced the probability of the ETF being approved by May 23, the final application…

TL;DR The long-standing lawsuit between Ripple and the SEC is set to enter a critical phase with the start of the grand trial at the end of April. The company has gained momentum due to partial victories secured in 2023. The lawsuit between Ripple and the US Securities and Exchange Commission (SEC), which has been ongoing for over three years, will witness several key developments this month. Perhaps the most important one is the start of the grand trial, scheduled for…

The post SEC Demands $1.95 Billion in Ripple XRP Lawsuit; Could This AI Altcoin Hit $200 by June? appeared first on Coinpedia Fintech News The crypto world watches closely as Ripple Labs faces a staggering $1.95 billion fine from the U.S. Securities and Exchange Commission (SEC), a development that has sent ripples through the crypto community. Amidst this legal turmoil, Ripple Labs’ chief legal officer, Stuart Alderoty, has voiced his concerns over the SEC’s demands, highlighting the significant implications for…

One analyst suggests that XRP will embark on a massive bull rally if it breaks past the $0.75 resistance while also warning that dipping below $0.44 could signal a bearish run. The upcoming trial between Ripple and the SEC will be a significant turning point in XRP’s price journey, with a victory for the blockchain payments firm poised to unveil a monster rally for the token. XRP has failed to take off in the first quarter of the year as…

The post Ripple (XRP) Faces SEC Scrutiny Over Investor Discounts, Fresh Capital Pours Into Dogecoin Rival appeared first on Coinpedia Fintech News Rebel Satoshi stands tall as a beacon of innovation within cryptocurrency, built upon the secure Ethereum network. With its audited smart contracts and successful presale, Rebel Satoshi ($RBLZ) continues to garner attention as a top crypto investment. As the project gears up for its upcoming DEX launch and listing on tier 1 CEX platforms like Coinstore, the excitement…

Tron is fighting against the SEC in court, saying the agency lacks authority over its global operations. The SEC accuses Tron of selling unregistered securities and engaging in wash trading, but Tron denies the allegations. The Tron Foundation, the entity behind the layer-1 blockchain Tron, has filed a motion to dismiss a lawsuit brought by the United States Securities and Exchange Commission (SEC) in a New York federal court. Tron asserts that the SEC’s attempt to apply U.S. securities laws…