“We regularly evaluate the results of our partnerships around the world and unfortunately, despite being offered time and opportunities, the AFA has not fully complied with its contractual obligations, which goes against our business values and our partnership principles,” Binance said in a Spanish-language statement posted on Twitter on Monday. Source
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points. Source
Given the current push for crypto regulation, the industry breathed a sigh of relief on July 13 as Ripple Labs scored a partial victory in its legal battle with the United States Securities and Exchange Commission (SEC) dating back to 2020. Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled that Ripple’s XRP (XRP) token is not a security, but only regarding programmatic sales on digital asset exchanges. However, the SEC also notched up a victory of its own, with the judge ruling…
Bitcoin continues to shoulder the market, as digital asset inflows saw positive movement for the fourth consecutive week, with $137 million incoming. According to CoinShares, this brings the four-week total to $742 million — correcting the nine weeks’ worth of outflows before the streak began and marking the largest inflow run since the fourth quarter of 2021. The continuing positive momentum might be attributed to several factors, including a recent partial victory for the crypto community in the form of a legal decision in the Securities and Exchange Commission v.…
XRP, SOL and LDO lost more than 5% in the last 24 hours. Original
The July 13 ruling on the suit filed by the United States Securities and Exchange Commission (SEC) has led to unprecedented interest in the XRP token. In the few days since the court decision, a jump in XRP (XRP) trading has seen it surpass all other cryptos in monthly volume, according to Kaiko. In a research report released on July 17, the blockchain information service noted a 61% increase in XRP trading since the court’s decision. On Monday morning, XRP accounted for 21% of global trade volume, ahead of Bitcoin (BTC), with…
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler said Monday that he was disappointed with a district court’s decision in the Ripple case regarding retail investors, but pleased with the part of the order which found that institutional sale of the tokens did violate federal securities laws. Source
Mahe, Seychelles We are thrilled to announce that TET, the top-performing token on Uniswap, will be listed on the esteemed MEXC Exchange. This listing represents a significant milestone for the Tectum project and opens up exciting opportunities for investors and traders worldwide. The listing on MEXC Exchange is scheduled to take place on July 18, 2023, at 3:00 pm UTC. MEXC Exchange is renowned for its robust trading infrastructure, high liquidity and a wide range of trading pairs. With this strategic move, TET aims to provide its community with enhanced…
The next phase of the ‘SEC vs Ripple’ case is set to move forward as U.S. District Judge Analisa Torres of the Southern District of New York filed paperwork on July 17 referring the case to Magistrate Judge Sarah Netburn. First reported by journalist Eleanor Terrett, the court issued an “amended order of reference to a Magistrate” transferring judiciary oversight of the case to the Magistrate’s office: NEW: District Judge Torres has referred the @Ripple case to Magistrate Judge Netburn for General Pretrial (includes scheduling, discovery, non-dispositive pre-trial motions and…
The next phase of the United States Securities and Exchange Commission (SEC) v. Ripple case is set to move forward, as Judge Analisa Torres of the U.S. District Court for the Southern District of New York filed paperwork on July 17 referring the case to Magistrate Judge Sarah Netburn. First reported by journalist Eleanor Terrett, the court issued an “amended order of reference to a Magistrate,” transferring judiciary oversight of the case to the magistrate’s office. NEW: District Judge Torres has referred the @Ripple case to Magistrate Judge Netburn for…