Global #Sec

As the October 7 deadline looms, the cryptocurrency community is buzzing with speculation regarding the SEC's potential appeal in the ongoing Ripple case. This case centers around whether XRP is classified as an unregistered security, and the uncertainty surrounding it has caused notable fluctuations in XRP’s value.

Green United LLC has lost its bid to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC), which accuses the company and its executives of orchestrating a fraudulent cryptocurrency mining scheme that allegedly defrauded investors of approximately $18 million.

In a significant development, the SEC found itself under intense questioning during a recent hearing in the Third Circuit Court of Appeals, where Coinbase took the opportunity to press the agency for clearer cryptocurrency regulations.

The U.S. Securities and Exchange Commission (SEC) has approved a significant rule change, allowing Nasdaq’s International Securities Exchange (ISE) to list and trade options on the iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) managed by BlackRock.

The House Financial Services Committee, under GOP leadership, is set to hold a crucial hearing titled “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets” on September 18 at 10 a.m. EST.

Two commissioners from the United States Securities and Exchange Commission (SEC) have publicly criticized their agency’s recent enforcement action against Flyfish Club, a non-fungible token (NFT)-themed restaurant.