EU Securities and Markets Authority publishes final guidance for MiCA
This final guidance calls for a commonly adopted application of the definition of “financial instrument” across EU member states. Go to Source
Securities
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Gensler’s SEC made US ‘nearly untenable’ for crypto firms, say observers
Gary Gensler is going, but the lawsuits against crypto firms may continue — until Congress defines how securities laws apply to digital assets. Go to Source
SEC nets record $8.2B from enforcement, mostly from Terraform Labs
Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties. Go to Source
Judge rejects Kraken’s bid to challenge decision in SEC case
Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. Go to Source
Binance, CZ file motion to dismiss SEC’s amended complaint
Secondary market resales of crypto assets long after they were first distributed by their developers are not “securities” transactions, lawyers for Binance and its former CEO argued. Go to Source
Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules
Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC. Go to Source
SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?
The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a … Read more
Bitcoin price drops under $67K as investors chase profit in stocks
Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC. Go to Source
$150M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt Underway
A German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors say he led a multi-level marketing scheme, promising massive returns, before siphoning off millions in cryptocurrency and disappearing just before his trial. An active investigation … Read more
Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved XRP Issues
Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple’s retail XRP transactions from securities violations. Ripple’s latest move aims to ensure the SEC’s arguments on … Read more
