Request Coin finds itself in an interesting position as various factors influence the market dynamics surrounding it. The crypto and blockchain markets are showing signs of increased maturity, as illustrated by the announcement of a $1.6 billion Bitcoin holding by the U.S. Marshals. This revelation came to light following an FOIA request that revealed almost 29,000 BTC under their control. Meanwhile, the crypto market has not been immune to political scrutiny, as illustrated by the recent uproar over democrats calling for an ethics probe into a Trump meme coin dinner.
In court-related news, an NY judge denied SEC's, Ripple's second request for an indicative ruling on a $50M settlement proposal. Moreover, Coinbase continues its tussle with Gensler's SEC. The exchange recently won a significant advance in their ongoing court dispute. In more political developments, top Democrats have demanded treasury information about Trump's crypto deals citing ‘Bribery’ risks. Besides, the UK's FCA has called for public comments on stablecoin and crypto custody regulation.
On the innovation front, global demand for non-dollar stablecoins is surging, says Fireblocks. And in tech developments, Coinbase is now fighting to protect 500,000 user's data from IRS at the supreme court. In notable requests from regulators, IMF asks El Salvador to stop public sector Bitcoin buys for a $1.4B deal. Furthermore, Coinbase accused the U.S. SEC, FDIC of improperly blocking document requests.
While Ripple has asked for a deadline for the cross-appeal brief in the SEC case, Binance is in hot water for allegedly seizing Palestinian crypto funds. Through all of this, the potential for Request Coin remains promising as its price prediction for 2024 grabs attention, and Solana Meme Coin fever causes the demand for Rust Developers to rise. At the same time, Coinbase continues to be proactive, filing a motion to compel in an ongoing effort to obtain Gensler’s emails.
Request Coin News Analytics from Thu, 22 Jun 2017 07:00:00 GMT to Wed, 23 Jul 2025 10:54:47 GMT -
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- Rumor -1
