CryptoNews

Australia-Based Crypto Lender Sentenced for False Credit License Claims – Regulation Bitcoin News

August 22, 2023
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered a “recognisance” of $9,560 (AUD15,000) for 12 months which is contingent on the crypto lender’s good behavior. Helio Said…
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SEC Files Motion to Certify Interlocutory Appeal of Ripple-XRP Ruling – Regulation Bitcoin News

August 21, 2023
The U.S. Securities and Exchange Commission (SEC) has filed a motion to certify an interlocutory appeal of two rulings in the Ripple case regarding XRP. According to the securities regulator, “Immediate appeal of these rulings is warranted … because they involve controlling questions of law.” SEC v Ripple Case Update On Friday, the U.S. Securities and Exchange Commission (SEC) filed a…
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US Court Classifies Tornado Cash as 'Person' in Verdict Echoing Ooki DAO Designation – Legal Bitcoin News

August 20, 2023
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash as ‘Person’ in OFAC Case In a legal face-off with the U.S. government, specifically the OFAC, the…
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CryptoNews

Biggest Movers: XLM, DOGE Rebound on Saturday, Following Recent Market Sell Off – Market Updates Bitcoin News

August 20, 2023
Stellar was a notable mover during Saturday’s session, as the token returned to the green to start the weekend. Prices recently fell lower for six straight days, however, bulls have reentered the market snapping this streak in the process. Dogecoin also rebounded today. Stellar (XLM) Stellar (XLM) rose higher on Saturday, following a recent six-day losing streak which pushed the price to a…
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