Ripple, crypto industry score partial win in SEC court fight over XRP

Categories
Announcements

Ripple scored a partial victory in its fight with the US Securities and Exchange Commission in a court ruling that brought a modicum of regulatory clarity for the cryptocurrency industry, reports Coindesk. The sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts, the US District Court of the Southern […]

EU blockchain sandbox unveils first 20 use cases after wave of applications

Categories
Announcements

According to the European Commission, 20 projects have been selected in the first cohort to receive legal advice and regulatory guidance, reports Cointelegraph. Plans to set up a regulatory sandbox for blockchain technology were announced by the European Commission and the European Blockchain Partnership in 2020. The goal, according to the Commission, is to foster […]

EU reaches agreement on crypto asset regulations in banking

Categories
Announcements

The European Union (EU) has reached a political agreement on changes to the Capital Requirements Regulation and Directive, including new regulations for crypto assets, reports Yahoo Finance. This move comes in response to lawmakers’ calls for stringent rules to prevent “unbacked cryptocurrencies” from infiltrating the traditional financial system. The announcement of this agreement was made […]