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US Lawmakers Urges the SEC To Include State-Regulated Custodians in New Rule


Lawmakers urged a US regulator to not further limit certain financial stakeholders in its proposed rule tightening cryptocurrency custody requirements.  Republican Rep. Mike Flood of Nebraska and Democratic Rep. Ritchie Torres of New York sent a letter to the Securities and Exchange Commission...

One of Ripple Labs' Top Defense Lawyers Calls it Quits in U.S. SEC Lawsuit


The crypto industry awaits the summary judgment in the ongoing case between the US SEC and Ripple.  But while that stands, one of Ripple Labs Inc.’s key defense lawyers, Attorney Kylie Chiseul Kim, announced withdrawal from the case.  Kim filed a motion in the Southern District of New York...

Coinbase Asks the Court To Step In To Get Answers on Its Rulemaking Petition


Cryptocurrency exchange Coinbase called on a court to issue a “writ of mandamus” telling the US Securities and Exchange Commission to respond to its rulemaking petition within seven days. A mandamus “is warranted because the SEC has made up its mind to deny Coinbase’s petition,” the exchange said...

Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe


The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...

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