securities Archives - Page 4 of 209

Elad Roisman appointed acting chairman of SEC, according to Hester Peirce

December 24, 2020cashtechnews

President-elect Joe Biden will likely announce Clayton’s permanent replacement shortly. Elad Roisman will take over as Chairman of the United States Securities and Exchange Commission effective immediately, according to Commissioner Hester Peirce. Peirce broke the news on Twitter Thursday morning, where she congratulated Roisman for his appointment. Congratulations, Chairman Roisman! I look forward to your […]

Hong Kong crypto group warns new law will restrict people’s access to Bitcoin

December 24, 2020cashtechnews

Crypto proponents in Hong Kong say incoming cryptocurrency regulations could preclude citizens from using Bitcoin ATMs. The Bitcoin Association of Hong Kong is appealing to regulators to consider the impact of incoming laws on the city’s digital innovation agenda. In November, Hong Kong’s government announced plans to ban retail cryptocurrency trading as part of a […]

3 reasons why XRP price can continue to fall after a 63% crash in four days

December 24, 2020cashtechnews

XRP price dropped to as low as $0.2138 on Binance as three key factors pushed the cryptocurrency down. XRP price dropped steeply below $0.3 on Dec. 24, hitting as low as $0.2138 on Binance. The selling pressure on XRP has intensified in the aftermath of the high-profile lawsuit filed by the United States Securities and […]

MoneyGram distances itself from Ripple, says it doesn’t utilize RippleNet

December 24, 2020cashtechnews

MoneyGram sheds light on the nature of its partnership with Ripple. Global money transfer service MoneyGram has clarified the nature of its collaboration with its blockchain partner Ripple following the latter’s recent probe by the U.S. Securities and Exchange Commission. In a press statement issued on Dec. 23, MoneyGram revealed that it has never utilized […]

US federal regulators set new expectations for stablecoin issuers

December 23, 2020cashtechnews

The President’s Working Group has not said anything revolutionary, but does establish some new clarity. A group of leading U.S. financial regulators has released a new statement on stablecoins. One of the headlining topics of crypto regulation news this year, stablecoins were the main topic of a Dec. 23 statement the President’s Working Group on Financial […]

Bitwise dumps XRP investment amid SEC lawsuit against Ripple

December 23, 2020cashtechnews

The Bitwise 10 Crypto Index Fund has liquidated its XRP holdings. Bitwise Asset Management, one of the largest crypto fund managers, has fully divested from XRP amid the regulatory backlash against Ripple. In an official press release, Bitwise announced Wednesday that its position in XRP has been liquidated because its fund “does not invest in […]

Price analysis 12/23: BTC, ETH, XRP, LTC, BCH, LINK, BNB, ADA, DOT, XLM

December 23, 2020cashtechnews

The SEC’s lawsuit against Ripple may be bearish for a few altcoins but could be bullish for Bitcoin. The current crypto bull run has been spearheaded by Bitcoin (BTC). As the United States Securities and Exchange Commission has previously hinted that Bitcoin is not a security, the regulator’s current lawsuit against Ripple is unlikely to […]

Bitcoin dominance hits 1-year peak amid XRP sell-off as $24K briefly returns

December 23, 2020cashtechnews

Bitcoin sees major volatility and a tussle between bullish and bearish levels while altcoin traders feel the pain of an XRP sell-off. Bitcoin (BTC) kept the volatility coming on Dec. 23 as a dive to $22,800 sparked a lightning-fast rally to classic $24,000 resistance. Cryptocurrency market daily performance. Source: Coin360 BTC dominance hits highest since […]

Coinbase IPO to further legitimize crypto, but limitations remain

December 23, 2020cashtechnews

“It is a massive event,” and not only in the U.S. but in Europe too, as it will show markets how to value crypto firms. In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges […]

XRP price falls 24% in 24 hours as exchanges begin delisting

December 23, 2020cashtechnews

Several exchanges have already halted XRP trading after the SEC’s lawsuit against Ripple was revealed. XRP price fell 41% on Binance over the past three days as news of the lawsuit by the United States Securities and Exchange Commission against Ripple became apparent. As a result, several small exchanges have already halted XRP trading. So far, three […]

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Tag: securities

Elad Roisman appointed acting chairman of SEC, according to Hester Peirce

Hong Kong crypto group warns new law will restrict people’s access to Bitcoin

MoneyGram distances itself from Ripple, says it doesn’t utilize RippleNet

US federal regulators set new expectations for stablecoin issuers

Bitwise dumps XRP investment amid SEC lawsuit against Ripple

Price analysis 12/23: BTC, ETH, XRP, LTC, BCH, LINK, BNB, ADA, DOT, XLM

Bitcoin dominance hits 1-year peak amid XRP sell-off as $24K briefly returns

Coinbase IPO to further legitimize crypto, but limitations remain

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