SEC Enforcement Director Steps Down
Gurbir Grewal, their SEC chief enforcer, will be stepping down from his position on Oct. 11.
SEC Appeals Ruling in Ripple Lawsuit
The SEC has decided to appeal the ruling made by a federal judge in its legal battle against Ripple, a fintech company involved in cryptocurrency, regarding the sale of their XRP cryptocurrency.
SEC Settles Charges with Mango Markets
The US Securities and Exchange Commission (SEC) has resolved a case against Mango DAO, Blockworks Foundation, and Mango Labs LLC.
Terraform Labs Could Shut Down Several Products and Services
Terraform Labs issued a warning on September 25 that they will be shutting down various products and services on October 30 unless third parties take them over.
PayPal to Let Business Clients Buy, Sell and Hold Crypto from US Accounts
PayPal has announced that its business clients in the U.S the ability to purchase, store, and sell cryptocurrency directly from their accounts, expanding the market for the popular payments platform.
TrustToken and TrueCoin Settle Charges with SEC over TrueUSD
TrustToken and TrueCoin have settled allegations that they misrepresented the backing of their stablecoin, TrueUSD (TUSD), and sold securities linked to it without proper registration.
Circle Plans to Move its Headquarters to Wall Street in 2025
According to Circle’s CEO and founder Jeremy Allaire, the stablecoin issuer is progressing with its initial public offering (IPO) debut and intends to relocate its headquarters to Wall Street in 2025.
