CryptoNews

Ripple Drops Cross-Appeal of SEC Case, Recovers $75M

The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S. Securities and Exchange Commission (SEC) sued crypto firm Ripple Labs, the largest holder of XRP, for selling $1.3 billion worth of the token. But now, a little more…
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CryptoNews

Trump Media Unveils $250M Crypto ETF Plan With Crypto.com and Charles Schwab

Trump Media has unveiled a $250 million plan to launch crypto ETFs and SMAs, blending patriotism with digital finance for global investor appeal. Trump Media Introduces ETF Strategy Featuring Bitcoin and Made-in-America Assets Trump Media and Technology Group Corp. (TMTG), which trades on the Nasdaq under the ticker DJT, outlined plans Monday to initiate a partnership with Crypto.com aimed at…
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CryptoNews

Tether Eyes Big Four Audit as Trump Urges Stablecoin Regulations, Reuters Reports

Tether, the world’s largest stablecoin issuer, has reportedly initiated engagement with a “Big Four accounting firm” to audit the reserves of its fiat-pegged token. Paolo Ardoino, Tether’s CEO, shared this update with Reuters as the circulating supply of USDT currently stands at 143.46 billion. Tether Listens toTrump’s ASAP Stablecoin Mandate in Pursuit of Big Four Validation This week…
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CryptoNews

Acting SEC Chair Rejects Enforcement—Demands Real Crypto Rules

The acting SEC chair urged rulemaking over enforcement to clarify crypto regulations and avoid courtroom confusion. Acting SEC Chair Urges Crypto Reset—Classification Shouldn’t Be Courtroom Chaos Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda led the inaugural session of the agency’s Crypto Task Force roundtable on March 21 in Washington D.C. He used the occasion…
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