The Financial Stability Board states that crypto platforms must segregate clients’ digital assets from their own funds and clearly separate functions to avoid conflict of interest.

National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams.

An immediate appeal could potentially jeopardize the SEC’s “entire enforcement agenda” if it ends up losing, said Katie Haun of Haun Ventures.

John Reed Stark, a former attorney in the Securities and Exchange Commission’s Enforcement Division, says the ruling in favor of Ripple Labs “resides on shaky ground.”

The outcome of the case could establish a precedent that shapes the regulatory landscape for digital assets within the United States.

According to Ripple CEO Brad Garlinghouse, an appeal by the U.S. Securities and Exchange Commission would only reinforce Judge Torres’s decision that XRP is not a security.

Speaking at the Family Leadership Summit on July 14, DeSantis promised to ban CBDCs in the United States if elected president.

The mysterious entity called Eeon seeks compensation from Binance and the U.S. SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day.

The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal.

The SEC argued that just because it approves an S-1 filing from a company does not mean the firm is not operating or will not operate in “violation of the law.”