Recently, the popular cryptocurrency exchange,
Coinbase has filed
Freedom of Information Act (FOIA) requests against the Federal Deposit Insurance Corporation (FDIC), Securities and Exchange Commission (SEC), and other regulatory bodies. Coinbase is demanding clarity on restrictions imposed on cryptocurrency deposits to banks in the United States. This action is part of the firm's ongoing legal battle with the regulators, particularly the SEC, whose challenging of the exchange's document requests has instigated a war of words. Simultaneously, the crypto platform
Request Network (REQ) is highlighted, presenting investors a prospective addition to their portfolios.Moving on, there have been updates on various legal decisions. One recognizable mention is
Ripple's major victory over the SEC, with the penalty demand reduced by an overwhelming 94% in the XRP case. In other news,
Binance is facing scrutiny for freezing Palestinian crypto funds, whilst campaigning for the inclusion of SOL, ADA, MATIC, and other tokens as non-securities. Evidently, the regulatory space in crypto is experiencing significant turbulence, with many cases under loop.On the market side of things, a surge in demand for
Bitcoin ETFs, driven by direct client demand and institutional investors, showcases the rise in acceptance of digital assets. However, firms like Blackrock are experiencing a shortfall in demand for Ethereum due to lack of staking availability. R&B artist
Akon has advised fans against requesting crypto-related messages, showing that the crypto buzz is even penetrating pop culture. Lastly, the hacker offering access to
Binance law enforcement request panel for $10K in crypto, unveils the dark side of the internet.It is evident that
Request Coin (REQ) is striving in this thriving crypto environment. The platform is focused on bringing about transparency and efficiency to the financial markets. Also, an uptick in the demand for REQ by institutions showcases positive sentiment around the coin.
SEC's decision on Ether ETFs adds more context to the scenario suggesting a compelling future for REQ.
Request Coin News Analytics from Mon, 11 Jan 2021 08:00:00 GMT to Wed, 23 Oct 2024 18:46:03 GMT -
Rating 5
- Innovation 8
- Information 7
- Rumor 6
