Prediction: SEC May Withdraw Charges Against Ripple Executives, According to Yasin Mobarak

The article you've shared discusses a prediction made by Yasin Mobarak, the founder of Dizer Capital, that the SEC will withdraw its charges against Ripple executives Chris Larsen (chairman) and Brad Garlinghouse (CEO). This prediction comes in the context of the SEC v. Ripple lawsuit, which is sche ...

Gemini Explores UK Expansion Amid Regulatory Uncertainty in the United States

Founders have already met with regulators in England Gemini stresses the uncertainty of regulators in the United States The exchange has no intention of leaving the United States Cryptocurrency company Gemini plans to establish a second UK headquarter ...

Jurisdictional Uncertainty: SEC and CFTC Debate Ether’s Regulatory Classification

Ether would then fall under the jurisdiction of both the SEC and the U.S. Commodity Futures Trading Commission (CFTC). There is currently no certainty about ETH. CFTC representatives have repeatedly referred to ether as a commodity and stated that it is their agency that should regulate this cryp ...

Blockchain Technology Poised to Drive £4.5 Billion Investment in Scottish Economy

According to a new Scottish Enterprise report, blockchain technology could attract about £4.5 billion (about $6 billion) of investment in the Scottish economy by the end of the decade. A report by Scottish Enterprise, Scotland's national economic development agency, reports ...

Black Dot and Cryptocurrency Exchange Advocate for Restoring Access to UPI for Indian Crypto Companies

Consulting firm Black Dot and an unnamed cryptocurrency exchange have asked the Central Bank of India to restore access for cryptocurrency companies to the national Union Payments Interface (UPI) payment system. Last year, Indian cryptocurrency trading platforms CoinSwitc ...

Ripple Acquires Swiss Crypto Storage Provider Metaco for $250 Million

Ripple acquired Swiss startup Metaco, which provides cryptocurrency storage services. The amount of the deal was $250 million. The purchase was a key part of the company's strategy to expand outside the U.S. in the face of regulatory uncertainty. In addition, the compa ...

Anchorage Digital Joins Snapshot for Gasless Voting Platform Integration

Cryptocurrency bank Anchorage Digital has followed the example of the AAVE, Lido and BitDAO communities and joined Snapshot's free voting platform. According to a statement from Anchorage Digital, the company will integrate Snapshot's standalone, gasless, multi-management ...

U.S. Chamber of Commerce Criticizes SEC for Unfair Treatment of Cryptocurrency Companies

The U.S. Chamber of Commerce submitted a brief report on the Coinbase trading floor case and the SEC, criticizing the agency for unfairness against cryptocurrency companies. The U.S. Chamber of Commerce began by saying that the U.S. lacks clarity on digital assets, while ...

Coinbase CEO Warns of Possible Withdrawal from US Crypto Market

During a Fintech Week event in London, Brian Armstrong, the CEO of Coinbase, stated that the company may have to consider withdrawing from the US market if the lack of regulatory clarity in the crypto industry persists. Armstrong believes that the US has the potential to become a significant mark ...

Majority of Americans Have No Plans to Invest in Cryptocurrencies, Says Pew Research

As per the results of a recent survey conducted by Pew Research, the majority of Americans, about 70%, have no intention of investing in cryptocurrencies in the near future. The study reveals that a lack of confidence in the safety and security of investing in digital assets, due to high volatili ...

Cryptocurrency Bank Anchorage Digital Lays Off 20% of Workforce Amid Regulatory Uncertainty

Anchorage Digital, a cryptocurrency bank, has revealed plans to cut back its workforce by approximately 20%, or 75 employees, due to regulatory uncertainty in the United States financial system. The company made history in January 2021 by becoming the first cryptocurrency firm in the U.S. to rece ...