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SEC

700-Strong Compliance Team by 2024

by Isaac Wright
700-Strong Compliance Team by 2024

Binance plans to hire 1,000 new employees this year, with a substantial focus on compliance roles. A large portion of these hires is specifically aimed at expanding the company’s compliance …

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Emmer Warns of ‘Economic Disaster’ if Harris Picks Gensler or Warren for Treasury

by Isaac Wright
Emmer Warns of ‘Economic Disaster’ if Harris Picks Gensler or Warren for Treasury

There are growing rumors in Washington that Vice President Kamala Harris may nominate SEC Chair Gary Gensler as Treasury Secretary if she wins at the polls in November. Those rumors …

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Huge Breakout in the Cards for Ripple (XRP) Price: Analyst

by Isaac Wright
Huge Breakout in the Cards for Ripple (XRP) Price: Analyst

TL;DR XRP’s price has been volatile, recently settling around $0.57 after a significant drop and partial recovery. Analysts predict a possible breakout, with some targeting a short-term rise to $0.65. …

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Important Ripple v SEC Lawsuit Updates, Bearish Shiba Inu (SHIB) Outlook, and More: Bits Recap August 19

by Isaac Wright
Important Ripple v SEC Lawsuit Updates, Bearish Shiba Inu (SHIB) Outlook, and More: Bits Recap August 19

TL;DR Ripple was fined $125 million for violating certain securities laws, and while the company sees it as a victory, the SEC might appeal. SHIB’s valuation has dropped over 25%, …

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Important Ripple v SEC Lawsuit Development Incoming?

by Isaac Wright
Important Ripple v SEC Lawsuit Development Incoming?

TL;DR Ripple was fined $125 million by the SEC, significantly less than the initial $2 billion demand. The company sees this as a victory, confident even if the regulator appeals. …

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Coinbase Blasts SEC’s Arbitrary Approach to DEX Compliance

by Isaac Wright
Coinbase Blasts SEC’s Arbitrary Approach to DEX Compliance

Coinbase submitted its third comment letter highlighting significant flaws in the US Securities and Exchange Commission’s (SEC) cost-benefit analysis of the proposed rule. The letter argued that the agency has …

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How Truth Social could potentially make Trump billions

by Vera Ward
How Truth Social could potentially make Trump billions

Truth Social is a social media platform whose majority owner is former President Donald Trump. A team of early investors say they want to “end Big Tech’s assault on free …

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Vietnam’s VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes

by Walter Watson
Vietnam’s VinFast looks to tiny EV, priced at less than ,000, to change its fortunes

The Vinfast VF6 all-electric vehicle is on display at the 2022 Los Angeles Auto Show on Nov. 18, 2022 in Los Angeles, California. Josh Lefkowitz | Getty Images News | …

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Ripple v. SEC Lawsuit Update June 24

by Isaac Wright
Ripple v. SEC Lawsuit Update June 24

It goes without saying that the dispute between the United States Securities and Exchange Commission and Ripple Labs over whether XRP should be constituted as a security or not is …

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SEC Drama Fuels XRP Rally: Open Interest Skyrockets

by Isaac Wright
SEC Drama Fuels XRP Rally: Open Interest Skyrockets

The cryptocurrency XRP is making waves as open interest (OI) for the token experiences a dramatic rise. This surge in investor positioning coincides with the ongoing legal battle between Ripple …

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