#Ripple battles #SEC over alleged unfair practices, drawing parallels to Kafka's "The Trial," seeking regulatory clarity.

#Ripple's legal strategy involves protecting sensitive financial data, challenging SEC's demand for $2 billion penalties. #CryptoNews
https://coinpedia.org/news/ripple-vs-sec-ongoing-legal-battle-intensifies-with-new-allegations/

Breaking: #Coinbase Challenges #SEC Denial: Filing Closing Brief in Rulemaking Dispute

🔵Today Coinbase Filed closing brief challenging SEC's denial of rulemaking petition in Third Circuit.

🔵Core of case revolves around a single sentence in SEC order lacking reasoned decision-making.

🔵Argues SEC lacks proper authorization from Congress to claim broad jurisdiction over new industry without clear rules.

🔵Third Circuit's consideration appreciated; commitment to advocating for industry clarity reiterated.

#Crypto #CryptoNews #TheSEC #Legal #Law #Regulation

#Ripple Challenges #SEC: Is the $4.47 Billion Penalty for #Terraform Labs Justified?

Is the SEC Asking Too Much from Terraform Labs?

#Crypto #CryptoNews #XRP

Must Read This Article to Know 👇
https://coinpedian.substack.com/p/ripple-vs-sec-lawsuit-can-2b-fine

BREAKING : #Coinbase has filed a lawsuit against the #SEC and #FDIC, alleging that federal regulators are attempting to exclude the crypto industry. #CryptoNews

https://assets.ctfassets.net/sygt3q11s4a9/1ka1UOZIsHttbrwYiVS7jV/2b34ef92cfd95bdcf07e2baab938d54f/-1-_FDIC_FOIA_Complaint.pdf

🚨 Big News in Crypto Regulation! 🚨

CFTC Chairman Behnam announces that an Illinois court has officially classified Bitcoin and Ethereum as digital commodities under the Commodity Exchange Act! 🎉 This significant ruling places $BTC and $ETH under CFTC jurisdiction, contrasting SEC Chairman Gensler's view that 70-80% of cryptocurrencies are securities.

Behnam's call for legislative measures to enhance CFTC oversight and investor protections shows a proactive approach to balancing regulation and innovation. This decision sets a precedent for the future and could boost market confidence and growth.

Stay tuned as we navigate this exciting and evolving DeFi landscape! 🌐💡 #Crypto #Bitcoin #Ethereum #Regulation #CFTC #SEC #DeFi

https://coinpedia.org/news/cftc-chairman-declares-btc-and-eth-are-not-securities/

Breaking🚨: The U.S. #SEC has canceled today's closed-door meeting, previously slated for July 18, where discussions related to the ongoing #Ripple lawsuit were anticipated.

#CryptoNews #XRP #cryptocurrency

"No Need to Label Solana as Security in Binance Lawsuit"

🔵US #SEC has amended its complaint in the Binance lawsuit concerning third-party crypto asset securities.

🔵The court ruling to classify cryptocurrencies like Solana as securities is no longer necessary at this stage.

🔵This decision follows a recent court order that determined BNB (Binance Coin) is not a security.

🔵The amendment reflects ongoing developments in the SEC's legal actions against #Binance, Binance.US, and Changpeng Zhao.

🔵This provides Partial relief for #Solana, #Cardano, and #Polygon in the SEC complaint.

Source: https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.253.0.pdf

Crypto Highlights from Last Week

🔹The cryptocurrency market saw mixed developments as the #SEC appealed the #Ripple ruling and #Bitwise filed for a spot #XRPETF, reflecting ongoing regulatory scrutiny.

🔹Here’s a quick look at last week's #Crypto highlights and trends that could impact your portfolio!

#CoinPedia #CryptoNews #Blockchain #cryptomarket

🚨Breaking: Lawyers for #Binance and former CEO Changpeng Zhao are making a new bid to dismiss the SEC lawsuit against them.

➡️On November 4, they submitted a motion to dismiss the #SEC's updated complaint from last month.

Source: https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.285.0_14.pdf

#CoinPedia #CryptoNews #Blockchain #CZ