Coinbase’s Faryar Shirzad stated that the claims are simply wrong and misrepresent the exchange’s intention to promote progress in crypto regulatory matters.

According to Stuart Alderoty’s post, in 2020, the SEC requested Ripple to acknowledge publicly that XRP was a security asset and allowed a brief window for compliance.

Authorities said they found no evidence Kosta Kanchev, Antoni Trenchev, Trayan Nikolov and Kalin Metodiev committed money laundering, tax crimes, or computer fraud.

China’s central bank urged regulators across jurisdictions to regulate decentralized finance jointly.

The protocol’s governing body has agreed to pay a $1.4 million disgorgement to the U.S. Treasury, and its two founders will each pay a civil penalty of $125,000.

The commission acknowledged it had not been “accurate and candid” in earlier filings but said sanctions were not warranted, as its staff didn’t engage “in any bad faith conduct.”

Ripple CEO Brad Garlinghouse called SEC Chair Gary Gensler a “political liability” whose actions destroyed the agency’s integrity.

The General Administration of Press and Publication of China aims to restrict the scope of activities related to in-game tokens.

The U.S. SEC might not be comfortable with BlackRock’s “prime execution agent” change in its new spot Bitcoin ETF update, but analysts still expect approvals in early January.

Thirty companies were granted virtual asset service provider licenses in the country during 2023.