Pretrial for SEC vs Ripple case has been set for February 22, 2021
A pretrial conference on the SEC vs Ripple case has been set for Feb 22, 2021. The pretrial is a conference prior to the actual trial ordered by the court...
December 30, 2020
Market News
2020
Coinbase will suspend XRP trading next month
Coinbase announced on Monday to suspend trading in XRP. Coinbase said that the trading will move into the limit only starting December 28, 2020, at 2:30 PM PST, and will...
December 29, 2020
After-effects of SEC charges against Ripple
The Securities and Exchange Commission (SEC) announced on Tuesday it has filed the lawsuit against Ripple Labs Inc. and two of its executives – Ripple CEO Brad Garlinghouse and cofounder...
December 24, 2020
FinCEN Proposes Institutions To Report Crypto Transactions Above Threshold
The U.S. Treasury Department’s financial crimes unit – FinCEN – is seeking to address gaps in cryptocurrency transaction reporting by requiring financial institutions and crypto exchanges to report the movement...
December 23, 2020
SEC Sues Ripple For Failing To Register XRP As Security Offering
The Securities and Exchange Commission (SEC) announced on 22 Dec that it has filed the lawsuit against Ripple Labs Inc. and two of its executives – Ripple CEO Brad Garlinghouse...
December 23, 2020
Mt Gox former CEO Fights Class Certification Bid
The ex-CEO of infamous Japanese Bitcoin exchange Mt Gox – Mr. Mark Karpeles urged the Illinois U.S. District Court federal judge on Monday not to certify a class suit from...
December 17, 2020
Mt Gox Trustee Finally Submitted The Draft Rehabilitation Plan
After years of waiting, the trustee on 15th Dec submitted the draft Mt Gox rehabilitation plan to the court. The Tokyo District Court and an examiner will review the draft...
December 15, 2020
Standard Chartered to launch crypto custody service for Institutional Investors
SC Ventures, the innovation and ventures unit of Standard Chartered plans to launch an institutional-grade cryptocurrency custody solution. Source: Press release in BusinessWire. The joint venture named Zodia combines the...
December 10, 2020
Venezuela Evades U.S. Sanctions: Pays allied countries in Bitcoin
As reported by the local news outlet Runrun.es, the government of Venezuela is paying companies from allied countries, such as Iran or Turkey with Bitcoin to mitigate the effects of...
December 10, 2020
Electricity Shut off for Bitcoin Miners in China
According to reports from local media, there are many strict measures taken by the authorities to break down bitcoin miners in Baoshan in Yunnan province in China. The recent move...
December 9, 2020