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Gensler Takes Final Jab at Crypto as Departure Nears
With only a few days remaining until Gary Gensler steps down as Chair of the U.S. Securities and Exchange Commission (SEC), he has once again criticized the cryptocurrency sector, describing it as a space teeming with unethical behavior. Gensler highlighted that while Bitcoin, which represents roughly 80% of the total market value, is widely understood…
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Coinbase Scores Major Legal Victory in SEC Showdown
Coinbase has achieved a significant milestone in its ongoing legal struggle with the Securities and Exchange Commission (SEC), as a federal judge has approved its request for an interlocutory appeal. This development could play a critical role in shaping the legal framework surrounding cryptocurrency regulation in the United States. Judge Grants Interlocutory Appeal in Coinbase…
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Ripple CTO, David Schwartz Explains Why Airdrops Could Be a Tax Trap for Crypto Users
David Schwartz, the Chief Technology Officer of Ripple, recently shared insights into the often-overlooked complexities of cryptocurrency airdrops, particularly the tax implications that recipients face. In a candid discussion with the XRP community, he analyzed the structure of common reward mechanisms in the crypto space, emphasizing how their design can sometimes lead to unforeseen financial…
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Coinbase Kicks Off 2025 with a Pivotal Legal Victory: Details
In a pivotal moment for the cryptocurrency industry, Paul Grewal, Chief Legal Officer at Coinbase, has shared unredacted letters from the Federal Deposit Insurance Corporation (FDIC) that shed light on an apparent concerted effort to suppress cryptocurrency activities. This revelation, which follows a court-mandated release, highlights the extent of federal intervention in the crypto ecosystem…
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Anticipated Policy Shift Under New SEC Chair, Paul Atkins
In a significant development poised to reshape the cryptocurrency landscape, Paul Atkins is set to be sworn in as the 34th Chair of the U.S. Securities and Exchange Commission (SEC) in the coming weeks. Appointed by President-elect Donald Trump, Atkins’ leadership is widely expected to herald a new chapter for the SEC’s approach to regulating…