Archive for month: September, 2023
SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.Source
NFT Video Startup Glass Falls to Crypto Bear Market
The startup’s founders say they’re ending active development after two years.Source
Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push
The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.Source
Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust
A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May.Source
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.Source
Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth
The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.Source
First Mover Americas: Bitcoin Shows Signs of Life
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report
The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country.Source