Exchanges
Coinbase accuses SEC of attempting ‘radical expansion’ of its authority
Coinbase restated that digital assets on its platform are not securities, and the same classification applies to its staking program.
SEC
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Legal
LBRY concedes to total shutdown, citing loss to SEC and millions in debt
The company said the LBRY blockchain is open-source and could continue on in theory, but that it would die without users.
Regulation
SEC drops charges against Ripple executives
Ripple's Brad Garlinghouse and Chris Larsen no longer face charges. However, Ripple and the SEC must settle on remedies for institutional XRP sale violations.
Regulation
SEC will not appeal Grayscale decision, bringing spot Bitcoin ETFs closer to reality
The SEC's decision not to challenge an August ruling means that it will be required to revisit Grayscale's application.
Exchanges
Paradigm backs Binance in move to dismiss SEC charges
The venture capital firm argued that the SEC lacks jurisdiction over the emerging cryptocurrency industry.
Exchanges
NASAA backs SEC case against Coinbase, calls for consistent interpretation of securities law
North American Securities Administrators Association argued that the crypto industry has greatly attracted fraudsters.
Regulation
Elon Musk calls for overhaul of SEC after agency issues order against him
Musk expressed confidence that regulatory changes were inevitable, 'estimating' a 100% probability of reform.
Legal
SEC initiates legal action against Elon Musk over Twitter stock disclosures
The regulator said the billionare failed to honor a subpoena that has been served since May.
Legal
Terraform Labs’ defense team says extraditing Do Kwon to the U.S. for SEC testimony is ‘impossible’
Defense lawyers argued that Kwon could not appear for testimony, as he is currently is currently being held in a Montenegrin jail.
Regulation
Ripple legal chief flags misleading statements in SEC chair Senate committee remarks
SEC Chair Gary Gensler remains steadfast that most cryptocurrencies fall under the agency’s securities regulations.
Regulation
Ripple CEO takes crypto regulatory clarity fight to Washington
Ripple CEO Brad Garlinghouse said the company was engaging with elected officials about crypto regulatry issues.
Legal
SEC urges expedited discovery in Binance case; cites ‘mass exodus’ of US executives who may have key information
Three high-ranking Binance.US employees—including its CEO—have recently left the firm as pressure builds.
