Ripple (XRP) delisted on exchanges due to SEC lawsuit

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple. The FinTech company is accused of selling unlicensed securities in the form of its XRP tokens. Exchanges and asset managers are removing the cryptocurrency from their offerings. Last week, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, CEO Brad Garlinghouse […]

Tether regulation proposal “apocalyptic” for crypto

Unregulated stablecoins such as Tether face increasing regulatory pressure from the US government. A new bill called the Stable Act is stirring anxiety in crypto circles. It could effectively put an end to billions of dollars of transactions and throw the industry back several years. The Act calls for banking licenses for stablecoin issuers such as Tether. It […]