XRP briefly hits $50 on Gemini as users suspect relisting ‘price glitch’

    Crypto users have reported seeing “wonky” prices for Ripple’s XRP token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits and trading. Several crypto community members on X (Twitter) on Aug. 11 posted screenshots of what many have described as a “price glitch” that has seen XRP’s displayed price…

    Coinbase CEO says SEC told it to delist everything but Bitcoin: Report

    Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies. Crypto exchange Coinbase was once told by the United State securities regulator to delist all cryptocurrencies on its platform except for Bitcoin, according to CEO Brian Armstrong. In a July 31 interview with the Financial Times, Armstrong revealed…

    SEC adopts cyberattack disclosure rules, listed crypto firms included

    Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need to comply with the rules. Public companies in the United States, including listed crypto firms, will be required to disclose any major cybersecurity incidents within a four-day time limit, under new rules adopted by the United States securities regulator. The rules from…

    Ripple CEO Brad Garlinghouse: ‘The SEC created this mess’

    Brad Garlinghouse has lashed out at the SEC for its “absurd” comments on the Ripple Labs case. Ripple CEO Brad Garlinghouse has condemned the United States securities regulator over recent comments from its lawyers that hint at a possible appeal to its case against Ripple. In a July 23 tweet, Garlinghouse slammed the regulator for…

    No impact from Ripple ruling? SEC chair cites risks from crypto in budget request

    Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct in the crypto space in the…

    US regulatory clarity has begun in court after Ripple win: CFTC commissioner

    CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity. Caroline Pham, one of five commissioner of the Commodities Futures Trading Commission, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory. Speaking on Bloomberg TV on…