1 / 2 Relevant items tagged with #USSecuritiesAndExchangeCommission

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Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle

[Sep 18 3:45 AM] The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally…

Pro-XRP Lawyer Debunks Ripple-SEC Settlement Rumor For Tomorrow

[Jul 17 11:00 AM] A rumor claiming a potential settlement between Ripple and the US Securities and Exchange Commission (SEC) scheduled for a closed meeting on July 18 has been debunked by former SEC regional director and pro-XRP lawyer, Marc Fagel. According to…

Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs

[Mar 8 7:30 PM] The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws. The enactment of this law is also viewed as an effort to…

Decoding Ripple’s Ruling: A Potential Tsunami for the SEC

[Jul 24, 2023 8:30 PM] In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets…