Blockchain technology was meant to disrupt payments and finance. But while the payments space, at least in the U.S., remains in waiting for a crypto-led transformation, it is across capital markets where traditional approaches are already undergoing a quiet on-chain revolution thanks to the tokenization...
Coinbase reportedly asked the U.S. Court of Appeals to rule that the trading of crypto assets on its platform are not securities transactions, but asset sales. The company said this in a petition to the court that is part of an appeal tied to a Securities...
Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by the unified commerce company Monday (Sept. 23) is an offering called Cash Builder, an FDIC-insured savings account that lets customers passively earn money on idle funds. “Passport Cash...
One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and Exchange Commission (SEC), centers around whether Ripple’s XRP token is a security and has gone through several iterations since its 2020...
August 09, 2024
One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and Exchange Commission (SEC), centers around whether Ripple’s XRP token is a security and has gone through several iterations since its 2020 start. On Wednesday (Aug. 7), the scales of justice fell […]
August 29, 2023
The year 2023 will forever be remembered as the year the U.S. Securities and Exchange Commission (SEC) went to war with crypto. Determining who is truly trying to innovate a...
July 26, 2023
The U.S. crypto crackdown started at the top, but the sector’s fractures were bottom-up. Some of the digital asset industry’s biggest names, like Coinbase and Binance, found themselves afoul of U.S. federal...
March 12, 2018
A hammer? A velvet hammer? A helping hand? No one knows at this point, when it comes to a duo of acronyms now inextricably linked: The SEC and ICOs. Last week,...
September 23, 2024
Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by the unified commerce company Monday (Sept. 23) is an offering called Cash Builder, an FDIC-insured savings account that lets customers passively earn money on idle funds. “Passport Cash Builder also integrates our advanced embedded yield API, which allows […]
July 26, 2024
The United Kingdom’s Financial Conduct Authority (FCA) proposed new rules on publishing a prospectus, raising capital and regulating secondary markets, and finalized new rules on investment research. These rules aim...
June 28, 2024
The Securities and Exchange Commission (SEC) sued Consensys Friday (June 28), charging the blockchain and Web3 software company with engaging in the unregistered offer and sale of securities and with operating as...
May 22, 2024
The head of the SEC says new cryptocurrency legislation will undermine his agency’s work. Hours before a scheduled vote Wednesday (May 22), Securities and Exchange Commission (SEC) Chair Gary Gensler issued a statement decrying...