Regulation

Regulation

Markets

XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein

The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said.

The U.S. court's ruling on XRP is a blow to the SEC's stance of crypto being considered a security, Bernstein says. (the_burtons/Getty)

Markets

Ripple’s XRP Token Surges 96% After Partial Victory in SEC Lawsuit

XRP climbed as high as 93 cents at one point, its highest level since March 2022.

XRP 24-hour chart (CoinDesk Indices)

Markets

SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan

Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.

Photo of the SEC logo on a building wall

Finance

Circle Considers Issuing Stablecoin in Japan Under New Rules

Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.

Circle CEO Jeremy Allaire (Keisuke Tada)

Policy

Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say

Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.

Zimbabwe flag (Nabil Kamara/ GettyImages)

Finance

BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi

BlackRock's views could carry extra weight in the ongoing battle over regulation in the industry.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Policy

Digital Pound Should Be Interoperable With Crypto, UK Lobbyists Say

Stakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs.

British flag and code (Sean Gladwell / Getty Images)

Policy

Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg

If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said

Photo of the SEC logo on a building wall

Finance

Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto

The banking giant announced plans to become a crypto custodian in February 2021.

Deutsche Bank logo (Shutterstock)