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Regulators

UK Treasury Says XRP Is Exchange Token and Not Security

The United Kingdom government appears to be cementing its position that XRP is an exchange token and not a security.…

January 12, 2021

British Banking Giant Blocks Bitcoin and Cryptocurrency Transactions

The largest bank in the UK by assets is refusing to transact with cryptocurrency exchanges. The Sunday Times reports HSBC…

January 12, 2021

Hester Peirce Says Enforcement From the SEC Not the Best Way To Provide Crypto Clarity

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce is vocalizing her preference for clearer crypto regulations in the United…

January 9, 2021

SEC Acknowledges XRP’s Use As Fuel for Cross-Border Payments, Says Ripple General Counsel

Stuart Alderoty, Ripple's general counsel, says the U.S. Securities and Exchange Commission (SEC) has acknowledged XRP's use as fuel for…

January 8, 2021

65,500 Bitcoin and Crypto Advocates Push Back Against FinCEN’s Plan To Track Crypto Transactions

Crypto advocates are coming out in droves to respond to a proposed rule change that would mandate mass surveillance of…

January 8, 2021

Ripple CEO Reveals New Details on Interactions With SEC, Says Company Offered Incentives to Firms Using XRP

Brad Garlinghouse is addressing the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. In a lengthy tweetstorm, Ripple’s CEO…

January 8, 2021

Top Regulator Says US Banks Can Use Stablecoins for Payments

A federal financial regulator is informing US banks that they can adopt new technologies such as stablecoins for their payment…

January 6, 2021

Payments Giant Square Says New US Regulations Will Hurt Crypto Adoption and Enforcement

Payments giant Square is pushing back against proposed regulation from the U.S. Financial Crimes Enforcement Network (FinCEN) that would require…

January 5, 2021

24,000 Crypto Investors Petition White House To Declare XRP Virtual Currency

Ardent Ripple supporters are petitioning the federal government to halt the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple.…

January 4, 2021

US Lawmakers Say ‘Rushed Process’ Threatens Legitimacy of FinCEN’s Push To Monitor Cryptocurrency Transactions

A bipartisan group of US lawmakers is asking the US Treasury to reconsider a proposed rule that would change how…

January 4, 2021