News with the tag "Gary Gensler"

The regulator quietly dismissed enforcement actions against Kraken, Consensys, and Cumberland on Thursday. SEC Softens Stance, Dismisses Three Prominent Crypto Cases Ohio Republican Senator Bernardo Moreno, on Thursday called former U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler...

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, the crypto trading arm of Chicago-based trading firm DRW, according to a Tuesday announcement from the company. The SEC sued Cumberland DRW last October , accusing the firm of acting as ...

Legal expert Jeremy Hogan has predicted that the Ripple vs. SEC saga could end in the first half of this year. This came as the analyst commented on the Commission’s agreement to end its lawsuit against Coinbase and how this could also impact the Ripple case. Legal Expert Reveals Timeline For Potent...

The U.S. Securities and Exchange Commission has unveiled a new unit dedicated to protecting investors from illicit activity tied to cryptocurrency, artificial intelligence, and other emerging digital technologies. Dubbed the Cyber and Emerging Technologies Unit, CETU replaces the former Crypto Asset...

The XRP price is getting ready for a significant pump, as a new Cup and Handle pattern has just formed on its chart. A crypto analyst who identified the pattern has released an analysis, predicting that XRP could rise to $3.35, marking a new local high for the cryptocurrency. Cup And Handle Pattern ...

A recently surfaced calendar entry from January 8, 2025, has drawn attention to a meeting former SEC Chair Gary Gensler held with officials from Better Markets, a financial reform advocacy group. Digital Asset Investor (@digitalassetbuy), a well-known cryptocurrency commentator, posted the image on ...

The U.S. Securities and Exchange Commission (SEC) is acknowledging crypto asset management firm Grayscale’s bid to create an exchange-traded fund (ETF) for the smart contract platform Solana ( SOL ). In a new thread on the social media platform X, Bloomberg ETF analyst James Seyffart says the SEC fo...

The Ripple vs. SEC lawsuit has taken an interesting turn. A recent development suggests that this long-running legal battle might end soon. Surprisingly, the XRP price has failed to react positively to this development and has, instead, crashed significantly. XRP Price Fails To Respond Positively To...

US-based crypto exchange platform Gemini is reportedly mulling over pursuing an initial public offering (IPO) in 2025. According to a new report by Bloomberg, anonymous people familiar with the matter say the billionaire Winklevoss twins’ crypto firm is considering launching an IPO sometime this yea...

XRP has ushered in 2025 with a robust bullish performance, achieving its highest monthly close to date. As a result of significant advancements in regulation and institutional adoption, the token’s surge coincides with a growing sense of optimism in the broader crypto market. XRP advanced toward cri...