Tags : case

Regulation

JPMorgan slams Bitcoin (BTC) use case in El Salvador

The debate about the ramifications of El Salvador President Nayib Bukele’s successful push to make Bitcoin (BTC) legal tender continues as the US investment bank and financial services holding company JPMorgan Chase & Co. (JPM) warns about the potential risks involved in the country’s crypto adoption. According to Bloomberg, JPM’s experts released a report last week, […]Read More

Bitcoin

UK rules in favor of Craig Wright in Bitcoin.org whitepaper

Bitcoin.org, “an informational site dedicated to help educate and facilitate the understanding of Bitcoin,” has lost the right to grant access to Bitcoin’s whitepaper document in the U.K., according to the latest order by London’s High Court. Per an announcement published yesterday by Ontier LLP, a law firm representing self-proclaimed Bitcoin creator Craig Wright, Judge […]Read More

Bitcoin

Strike’s Jack Mallers sets the record straight as Fox makes

Jack Mallers, the CEO of Bitcoin wallet firm Strike, worked with the El Salvadorian government as an advisor on Bitcoin infrastructure. This entailed living in the country for three months to decide policy on solving “spillover” of monetary expansion and inflation of the dollar and how to deal with financial inclusion in a country where […]Read More

Cryptocurrency

Ripple (XRP) could reportedly IPO after the U.S. SEC case

Payments firm Ripple could reportedly go public soon after its ongoing case with the U.S. Securities and Exchange Commission (SEC) is settled, a report on Finance Feeds said today.  In December 2020, Ripple was charged with the unlawful sale of $1.3 billion worth of unregistered security, a case that continues till today. However, it does […]Read More

Regulation

India may give crypto holders an “exit window” in case

India’s officials are currently discussing the possibility of providing an “exit window” that would allow crypto holders to get rid of their assets ahead of the potential ban on all “private” digital currencies, The Indian Express reported today. “The government is expected to provide an exit window to existing crypto holders in the event of […]Read More

Bitcoin

Bitcoin Miner Revenue Hits New All Time High Among Other

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago. It’s […]Read More

Regulation

Judge grants XRP holders’ request for motion to intervene in

After being rejected initially, the group of XRP holders led by lawyer John Deaton has ultimately been allowed to file a motion to intervene in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, according to a court order published yesterday. “The Court has reviewed the parties’ and proposed intervenors’ […]Read More

Bitcoin

SEC case against Ripple could see Bitcoin and Ethereum pulled

In the on-going case of Ripple vs. the U.S. Securities and Exchange Commission (SEC), last week, the SEC refused to produce documentation on Bitcoin and Ethereum. They argued that the request is irrelevant to this case. However, yesterday, Ripple Labs filed a response letter with magistrate judge Sarah Netburn, requesting the SEC submit the documentation […]Read More