Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region.
SEC Chair Gary Gensler, left, and Ripple CEO Brad Garlinghouse are at the center of the U.S. dispute over the future of crypto oversight. (Kevin Dietsch/Getty and Scott Moore/Shutterstock/CoinDesk)
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there.
Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made it impossible for them to sell for longer.
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.
Is crypto “uniquely” responsible for the rise and fall of FTX?
The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities.
Bitcoin slumped below $28,000, and ether dipped below $1670.
Among the more popular of the new ETFs today, VanEck’s Ethereum Strategy ETF (EFUT) traded just shy of 25,000 shares at a price roughly averaging $17 per share.
Attorneys for FTX founder Sam Bankman-Fried asked the judge overseeing the case to clarify his orders around certain proposed arguments, including arguments about FTX’s regulated jurisdictions, bankruptcy recoveries and his charitable work.