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Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in

Bank of Russia Lists Crypto Companies Among Financial Pyramids

The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its monitoring of the financial sector, the Central of Russia (CBR) regularly identifies illegal financial services providers and warns Russian investors about fraudulent platforms. This week, the regulator added another 105 companies to its growing list

FAANG stocks And Digital Assets Are Flying

Which would you prefer, a large pizza split into eight slices, or a large pizza split into 12 slices? A normal, rational person might suggest that it really doesn’t make much of a difference, as it’s really the same amount of pizza. This poor Australian girl, however, will probably never live down the time her “friend” Brad filmed her saying that she’d prefer eight slices, because she couldn’t possibly eat 12 slices of Pizza. Well, today Jen can finally point out that the eternity of new-wave momentum traders are giving

CoinShares: ‘Bitcoin Is Like a Risky Tech Stock’’

Bitcoin acts more like a tech startup stock than digital gold — with investors reaping big rewards if it works but potentially losing everything if the crypto asset fails.That’s the conclusion of an Aug. 10 report from digital asset manager CoinShares titled A Little Bitcoin Goes a Long Way. In it authors James Butterfill and Christopher Bendiksen argue that the fact Bitcoin (BTC) “starting its life at a price of zero” gave it a stellar reputation.“If it reaches its potential, the value could be immense,” the report stated.“At the same