Coinbase has petitioned the Second Circuit Court of Appeals to determine whether trades on its platform fall under federal securities laws. This important legal battle seeks to provide the much-needed clarity for the multi-trillion-dollar crypto indu
The Trump family may expand its involvement in the cryptocurrency industry by launching an Ethereum-based business.This speculation follows the release of several Trump-branded memecoins and Donald Trump’s inauguration as the 47th president of the Un
A crypto financial services firm has agreed to plead guilty to US charges of helping to manipulate markets for a crypto token created by the FBI aiming to find fraud.The United Arab Emirates-based CLS Global agreed to plead guilty to two counts of fr
On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC) for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter). This acquisition marks the compa
US Securities and Exchange Commission member Mark Uyeda will be acting chair of the financial regulator as of Jan. 20 following an announcement from the Trump administration.In a Jan. 20 notice from the White House, President Donald Trump said Uyeda
Commissioner Mark Uyeda will take over running the U.S. Securities and Exchange Commission as the agency awaits the Senate confirmation on President Donald Trump's pick for the permanent role, Paul Atkins.Acting Chair Uyeda, who has been a clear supp
President Donald Trump has picked Mark Uyeda, one of the U.S. Securities and Exchange Commission's top officials, to lead the agency until a permanent chair is confirmed. Hours after his inauguration, Trump tapped the Republican SEC commissioner to c
Today in crypto, US President Donald Trump remained silent on digital assets on his first day in office, making no mention of cryptocurrency in his ‘America First Priorities’ agenda. Meanwhile, Bitcoin hit a new all-time high above $109,000 ahead of
The launch of President-elect Donald Trump's memecoin days before his inauguration is being received pretty poorly by both crypto pundits and critics in Washington. Trump's memecoin "distracts from the greater good," a person involved in crypto polic
Billionaire entrepreneur Mark Cuban criticized the crypto community's reaction to President-elect Donald Trump launching his own memecoin, arguing that such tokens provide little value and that the rules still need to be followed.Cuban was responding
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the firm behind the open-source Helium Network, just days before SEC chair and known crypto critic Gary Gensler steps down as chair on Jan. 20.The SEC a
Asset managers such as VanEck and ProShares submitted a flurry of crypto ETF filings in recent days, proposing funds that would trade tokens such as Litecoin, XRP, and Solana, as President-elect Donald Trump's inauguration on Monday grows nearer. Som
The XRP price has rallied to its all-time high (ATH) of $3.4, sparking bullish sentiment in the XRP community. This price surge is due to bullish fundamentals, including Donald Trump’s receptiveness to a crypto reserve that would include the coin. Fa
CoinDesk’s coverage kicked into high gear this week as crypto readied for a new presidency and a new regulatorily-friendly era.Some highlights:Senior analyst James Van Straten reported on a wave of companies buying bitcoin for their balance sheets, f
The market’s leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office. As of
Global investment firm Digital Currency Group agreed to settle and pay $38 million to the U.S. Securities and Exchange Commission on Friday over allegations that it misled investors via crypto lender Genesis Global Capital, LLC. The SEC said that one
The U.S. Securities and Exchange Commission's top lawyer, General Counsel Megan Barbero, will step away next week, joining the exodus of top agency officials who had been responsible for the SEC's legal battles with the crypto industry in recent year
Today in crypto, outgoing Securities and Exchange Commission Chair Gary Gensler downplayed the influence of crypto interest groups on the 2024 US presidential election, despite funds raised from the crypto sector.Global banking giant JPMorgan has pro
Though party leadership at the US Securities and Exchange Commission (SEC) will change hands on Jan. 20, the regulator appeared to be moving forward with its current lineup of enforcement cases in court.In a Jan. 14 X post, Ripple chief legal officer
XRP’s price has wiped the losses in recent days, jumping 11.30% in the past 24 hours to reach its monthly high of $2.60 on Jan. 14.Key catalysts propelling XRP prices higher today include indications of easing inflationary pressures and the potentia