SEC Financial News

The ongoing legal wrangle between Ripple Labs and the United States Securities and Exchange Commission (SEC) continues to cast a shadow over the trajectory of XRP's price. 

Shiba Inu and Pepe are both up 8% in the past 24 hours, outperforming the wider crypto market which is slightly in the red after news broke yesterday of the SEC delaying its decision on the Ark Bitcoin ETF.

The BTC/USD is currently witnessing a decline of nearly 0.50%, with its value standing at $29,400. 

Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission's lawsuit against the firm.

Haryana government has extended suspension of internet and SMS services in state's Nuh district till August while terming the situation there as ‘critical and tense’. The suspension of internet services in the Nuh district had earlier been extended to August 8 and then to August 11.

The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest's proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstream U.S. financial platforms.

UNest, a digital broker-dealer focused on helping parents save money for their children, is stepping into the financial advisor marketplace.

cryptocurrency exchange tampered with witnesses at least twice. USA District Judge Lewis Kaplan announced the decision at a hearing in federal court in Manhattan, less than two months before the scheduled October fraud trial. He rejected a defense request to delay Bankman-Fried's detention pending appeal of the bail revocation. The decision could complicate Bankman-Fried's efforts to prepare for trial, where the 31-year-old former billionaire faces charges of having stolen billions of dollars in FTX customer funds to plug losses at his Alameda Research hedge fund. Bankman-Fried has pleaded not guilty.

The Securities and Exchange Commission has not yet come to a decision on whether to approve the ARK 21Shares bitcoin ETF application, delivering another delay for the long-awaited product. 

Bankrupt crypto trading platform Bittrex, which ceased U.S. operations earlier this year, will pay $24 million to settle U.S. Securities and Exchange Commission (SEC) charges for running an unlicensed exchange, broker, and clearing agency.

The Securities and Exchange Commission's (SEC) delay in deciding whether to approve a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch that includes key players on Wall Street, including BlackRock and Fidelity. 

The United States Securities and Exchange Commission (SEC) has delayed a decision on approving or disapproving the spot Bitcoin (BTC) exchange-traded fund proposed by ARK Investment Management.

Ripple has partnered with the Bank for International Settlements (BIS) to join its cross-border payments interoperability and extension (PIE) task force.

The firm's former CEO William Shihara and its foreign affiliate, Bittrex Global, have also agreed to settle charges.The SEC charged Bittrex in April, saying the firm provided services to US investors in connection with crypto assets that were offered and sold as securities.In addition, the regulator alleged that Bittrex and Shihara directed issuers who sought to have their crypto assets made available for trading on the platform to first delete from public channels certain “problematic statements” that Shihara believed would lead a regulator to investigate whether the crypto asset was offered and sold as a security. “For years, Bittrex worked with token issuers to 'scrub' their online statements of any indicia that they were investment contracts—all in an effort to evade the federal securities laws.

As the United States Securities and Exchange Commission (SEC) seeks an interlocutory appeal in its case against Ripple Labs, lawyers working in the crypto space expressed confidence in Ripple’s case, with some underscoring that the XRP (XRP) token is not a security. 

Schools and other educational institutions opened in Haryana's Nuh on Friday after remaining closed since July 31 when communal violence erupted in the district. The Haryana State Transport services will also be fully restored today. In an order issued on Thursday, Nuh District Magistrate Dhirender Khadgata said, “In view of the normal situation in the area, it has been decided to open all educational institutions from August 11.

Crypto users have reported seeing “wonky” prices for Ripple’s XRP (XRP) token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits and trading.

The United States Securities and Exchange Commission (SEC) has announced an agreement with crypto trading platform Bittrex and co-founder and former CEO William Shihara for operating an unregistered exchange.

The US Securities and Exchange Commission (SEC)’s push to force the crypto industry into “regulatory compliance” via enforcement action continues, with bankrupt crypto exchange Bittrex the latest to fall foul of the agency.

Though a wave of Bitcoin (BTC) spot ETF applications have stirred excitement in the crypto market over the past two months, a lesser-known bundle of Ether (ETH) ETF applications is following closely behind it.

The XRP price has fallen by 2% in the past 24 hours, dropping to $0.630690 after the news that the SEC has filed to appeal the ruling handed out in July in its case against Ripple.