The Securities and Exchange Commission (SEC) has recognized
Coincheck as the first digital asset exchange in Japan to be authorized on the
NASDAQ. This follows speculation about a forthcoming shake-up in SEC's leadership, with mounting calls for an immediate change. In other news, eCash, also known as
XEC, has been predicted to see a surge in price by 2024 according to analysis. This is not without competition, with legal disputes surrounding various crypto firms, notably
Ripple and
Coinbase, carrying potential implications on the broader crypto market. The SEC has hinted towards approval for
Ethereum ETF options, amidst constant demands for regulation reform in the crypto space from advocates like Coinbase's Chief Legal Officer. Additionally, there has been a significant reaction to the potential appointment of a Wall St Lawyer in the position of the SEC chair.
Crypto-friendly policies are anticipated with Trump's administration, which might be a turning point for the industry. Despite this, the SEC continues to pursue a variety of crypto firms, including Immutable, intensifying overall regulation enforcement. On the other hand,
Bitcoin options ETFs get a green light from SEC for NYSE and CBOE- a move that could make liquidity surge. Amidst these dynamics, legal battles continue as Coinbase petitions for SEC reform regarding digital asset regulations. Last but not least, while the market is keenly watching the price movement of
XRP, Ripple’s response is eagerly awaited.
XEC Coin News Analytics from Tue, 19 Mar 2024 07:00:00 GMT to Wed, 13 Nov 2024 12:19:38 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -2
