Australian-based crypto investment firm Monochrome Asset Management has updated its application to offer a spot Bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) through its partner Vasco Trustees. The ETF — Monochrome Bitcoin ETF — will be able to offer retail Australian investors direct exposure to Bitcoin and Ether (ETH), according to the firm’s July 14 announcement. Speaking to Cointelegraph, […]

Ripple Labs’ split-decision victory against the United States securities regulator is being seen as a significant blow to the regulator’s “war on crypto,” however, crypto lawyers warn it isn’t a definitive victory for the industry. In a landmark ruling on July 13, Judge Torres determined that XRP (XRP) is not a security — at least when sold to the general […]

Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time  for user onboarding. Base also announced that the public launch of the network will occur in August. Coinbase announced the creation of the Base […]

On July 13, Ripple triumphed significantly in the United States District Court for the Southern District of New York on the XRP case. Judge Analisa Torres ruled in favor of Ripple in a case originally initiated by the Securities and Exchange Commission (SEC) in 2020. In recently filed documents on July 13, Judge Torres issued a summary judgment, decisively supporting […]

Argentina welcomed its first Bitcoin futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda. According to Matba Rofex, the trading platform behind the investment vehicle, it is the first Bitcoin (BTC) futures contract in Latin America. In a futures contract, buyers bet on the future price of a […]

The former CEO of bankrupt crypto lender Celsius Network was reportedly arrested on Thursday. The news was accompanied by a series of lawsuits against Mashinsky and Celsius by the United States Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC).  Mashinsky Arrested The law has finally caught up to Alex Mashinsky. The […]

On 13 July 2023, Hon. Analisa Torres, a district judge at the United States District Court for the Southern District of New York, gave her ruling in the SEC vs Ripple Labs lawsuit, which was initiated in December 2020. The U.S. Securities and Exchange Commission (SEC) had filed a lawsuit against Ripple Labs Inc. and its two senior executives, Bradley Garlinghouse and Christian […]

In a significant development, Alex Mashinsky, the former CEO of the bankrupt crypto lending company Celsius Network Ltd., has been arrested on the morning of July 13. This arrest follows closely after the United States Securities and Exchange Commission (SEC) filed a lawsuit against Celsius Network on the same day, revealing legal consequences for the company. Celsius Network’s Downfall and […]

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