Category: criticizes
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Ripple’s CLO Criticizes US SEC’s Latest Appeal, Questions Legal Strategy
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said Stuart Aldroty, Ripple’s Chief Legal Officer (CLO). Publicly criticized US Securities and Exchange Commission (SEC) for its latest legal move, marking an important step in the ongoing dispute over XRP and the blockchain payment company. SEC appeal motion receives backlash from Stuart Alderotti The protracted legal tussle between the…
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Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling
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Kraken is calling for clearer cryptocurrency regulations in Australia after the Federal Court ruled that part of its margin rollover product violated local laws. Cryptocurrency exchange Kraken is arguing for clearer crypto regulations in Australia after the Federal Court ruled that its margin trading product violates local laws. On September…
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Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler
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In a hearing on July 11, Judge Catherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chairman Gary Gensler in the SEC’s ongoing case against the cryptocurrency exchange. As Inner City Press reported, the hearing showed Coinbase’s ongoing efforts to capture Gensler’s connections, including statements he made before…
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Central Bank Official Criticizes Binance Operations In Nigeria
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A Nigerian central bank official has said that Binance is operating illegally in multiple ways in the West African country. The development comes amid the ongoing legal proceedings against the prominent cryptocurrency exchange in Nigeria. Central Bank of Nigeria Official: Binance Violated Nigerian Currency Trading Policy In April 2024, the…
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The Digital Chamber criticizes SEC over Wells notice to Robinhood Crypto
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The Digital Chamber, a trade association for the digital assets industry, criticized the SEC for issuing a Wells Notice to Robinhood Crypto. On May 6, the group Issued A statement expressing “deep disappointment and concern” about the latest notice. The association also described it as an example of regulatory overreach.…