The UK’s cryptocurrency bill becomes law, granting regulatory oversight and establishing a legal framework for crypto transactions in the country. Key Points In a significant development for the financial sector of the United Kingdom, the highly anticipated cryptocurrency bill has officially become law. Acknowledging the growing significance of decentralized finance, the UK joins a list…
The ongoing legal battle between Ripple and the SEC could potentially reach the US Supreme Court Key Points The ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) has caught the attention of attorney and CryptoLaw founder, John Deaton. In a recent CryptoLaw broadcast, Deaton provided interesting insights into the case, suggesting…
XRP advocate attorney John Deaton’s discovery of SpendTheBits introduces a potential game-changer in the Ripple vs. SEC lawsuit, challenging the SEC’s argument and potentially influencing the outcome. Highlighting Points The Ripple vs. SEC lawsuit has captivated the cryptocurrency community for over two years, with the final ruling by Judge Analisa Torres anxiously awaited. The case…
The European Union has reached a political agreement on new bank-capital legislation to regulate crypto-assets, addressing concerns about their impact on the traditional financial system. Key Points The European Union (EU) has made a significant stride towards regulating crypto-assets by reaching a political agreement on new bank-capital legislation. This agreement aims to address concerns…
Circle Internet Financial Ltd. expands into Asia’s cryptocurrency markets, specifically Hong Kong, while closely monitoring the territory’s evolving crypto regulations. Key Points Circle Internet Financial Ltd., a prominent American digital currency company, is expanding its operations into the promising cryptocurrency markets of Asia. CEO Jeremy Allaire is closely monitoring the evolving crypto regulations in Hong…
Ripple lawsuit raises XRP’s profile, driving awareness, adoption, and investor interest. Key Points Renowned lawyer and founder of Crypto Law US, John Deaton, has expressed an interesting perspective on the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC). Deaton believes that the lawsuit has ironically led to increased awareness and adoption…
Cryptocurrency regulation debate intensifies as SEC scrutiny on XRP and Ethereum raises concerns and triggers predictions of downfall. Key Points In the world of cryptocurrency, the U.S. Securities and Exchange Commission (SEC) has come under increasing scrutiny. This has ignited a high-profile debate surrounding the future of XRP and Ethereum (ETH). One of the key…
Japan’s tax authority has updated its regulations on corporate taxes, offering a tax exemption for businesses involved in cryptocurrency transactions. Key Points In a recent development, the tax administration in Japan has brought about a revision within corporate tax rules, providing an exemption to companies who deal with cryptocurrencies. With this update, companies issuing cryptocurrencies…
Creditors of bankrupt cryptocurrency lending platform Celsius have alleged that crypto market maker, Wintermute, assisted Celsius executives in manipulating the price of CEL (CEL) through improper market trading. According to a June 23 Bloomberg report, which cited a recent court filing, Celsius creditors have recently amended their lawsuit in the United States District Court of…
Forbes warns of a seismic shift in the crypto market with XRP at the center, as BlackRock’s interest in Bitcoin ETF sparks potential market upheaval. Key Points Forbes magazine has issued a warning about an impending seismic shift that is headed towards the crypto market, with XRP at the center of it all. In their…
