The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India. According to a report, the bench…
Disgraced FTX founder Sam Bankman-Fried (SBF) tried to explain his rationale for deleting corporate messages during a closed-door testimony without the presence of the trial’s jury on Oct. 26. When prompted as to…
The United States Court of Appeal has issued a mandate following a decision requiring Grayscale Investments application for a spot Bitcoin exchange-traded fund to be reviewed by the Securities and Exchange Commission (SEC). …
In a significant development, the U.S. Securities and Exchange Commission (SEC) has decided not to appeal a recent court decision favoring Grayscale Investments’ Bitcoin ETF conversion plans, according to a report by Reuters….
No legal cover for crypto lending in China. A Chinese court has confirmed that activities related to crypto lending won’t be under the umbrella of legal safeguards. This is another blow to cryptocurrency…
Grayscale Investments LLC, one of the world’s largest crypto asset managers, has secured an unexpected court win against the US Securities and Exchange Commission (SEC). A three-judge panel in DC’s Court of Appeals…
#U.S #court #rules #favor #Grayscale #SEC #opening #door #spot #Bitcoin #ETF source
The Supreme Court of British Columbia has approved plans for Bitcoin miners Hut 8 and US Bitcoin Corp to unite as one company—but the deal isn’t finalized just yet. As originally announced in…
The Bitcoin Legal Defense Fund, a non-profit organization founded by Twitter founder Jack Dorsey, has challenged its alleged obligation to assist Craig Wright in reclaiming his purportedly stolen billions in Bitcoin. In the…
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province,…
Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP…
Bankrupt crypto lender, BlockFi revealed that the US Bankruptcy Court for the District of New Jersey has conditionally approved its disclosure statement. The development essentially demonstrated that the reorganization process of BlockFi continues…
Cryptocurrency is deemed property capable of being held on trust, Judge Philip Jeyaretnam of the High Court of Singapore decided in a ruling on July 25. The Judge said he didn’t see any…
Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgment in its favor through arbitration after the platform mistakenly deposited $50,000 into a user’s account. According to the July 6 court…
#Bitcoin #crosses #Supreme #Court #rules #favor #Coinbase #dispute #CNBC #Crypto #World source
Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver. In a June 26…