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Gary Gensler must work with Congress to develop proper crypto rules after Ripple drama- Financial Services GOP
Gary Gensler is under fire after the US SEC partially lost a case against Ripple in the Southern District of New York. Judge Torres ruled on July 13 that the XRP token is not a security so long as it is traded programmatically on exchanges. The US House Committee on Financial Services for Republicans has asked him to work with Congress to regulate digital assets.
Ripple wins case against SEC as US Judge rules XRP is not a security
Ripple has scored a win in the Southern District of New York after the Judge presiding over SEC vs Ripple ordered that XRP is not a security. This filing has sent the crypto token exploding 60% in minutes.
Alex Mashinsky, ex-CEO of bankrupt crypto lender Celsius, arrested as US SEC presses charges
Alex Mashinsky is being sued by the US SEC following the collapse of the crypto lender Celsius. Mashinsky served as the CEO of the fallen crypto giant till its last days.
Europe stocks open higher after U.S. annual inflation falls below expected levels
Europe stocks have opened higher, with Stoxx 600 up 0.67% at 13:20 London time on July 13. The tech stocks were also up 1.5%, with almost each other sector trading in green.
Telegram wallet bot now allows in-app BTC, USDT, and TON payments
Telegram wallet bot has announced the support of USDT, Bitcoin, and Ton crypto payments. It has also asked merchants to take responsibility for investigating if they are allowed to carry out crypto payments before using its innovation
Polygon tables a proposal to upgrade MATIC into a multipurpose coin
Polygon has submitted a proposal to the Polygon community seeking to upgrade its MATIC token to a multipurpose coin across multiple chains and rename it to POL token.