eCash price predictions extend to 2030 amidst evaluations of
cryptocurrency market regulations. The
SEC ramped up inspection on Binance's token listings and trading procedures, resulting in a proposed amended complaint. Adding, the regulator has charged individuals and entities for running pig butchering scams. Meanwhile,
XRP's lawsuit signals a potential close as the SEC seems to be backing down on an appeal, inducing optimism within Ripple. This has caused a surge in XRP and questions about its regulatory position.
Kraken aims for a jury trial in an SEC lawsuit and strongly presents defense arguments. In addition, the SEC is laying stronger allegations on Binance while
Ethereum enjoys a boost as the governing body reconsiders the approval of Ether ETFs. Other notable cryptocurrency exchanges like
EToro and
Coinbase have also faced regulatory predicaments.
Nasdaq is proposing to launch a Bitcoin index and is pursuing SEC's endorsement while OpenSea comes under the regulator's radar due to the NFTs sold on its platform. Negative impacts of the SEC's approach towards cryptocurrency have been highlighted, accusing it of costing small investors substantially. Lawsuits continue to inflame the industry with SEC tightening its hold on
Binance, and
Coinbase countersuing for regulatory clarity. The SEC's decision to drop its scrutiny on Ethereum has sparked a favorable outlook for ether and other altcoins. Celebrity crypto tokens have been warned to likely catch the regulator's attention. Lastly, crypto-friendly
Silvergate Bank faces hefty fines to settle charges with the SEC alongside other regulators.
XEC Coin News Analytics from Tue, 19 Mar 2024 07:00:00 GMT to Tue, 17 Sep 2024 19:30:00 GMT -
Rating -2
- Innovation 5
- Information 7
- Rumor 3
