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US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling

Rep. Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the “Torres Doctrine."

Bitcoin rally will lead to "speculative blow-off top" in 2024, Mark Yusko predicts.

BlackRock's application for a spot Bitcoin ETF have kicked off the next Bitcoin bull run which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital CIO, Mark Yusko.

Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report

The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities.

EU stays on top of Web3 with metaverse, AI and crypto strategies

Over the last year, leaders in the European Union have been vocal about their desire to stay on top of the latest developments in Web3.

Valkyrie ‘BRRR’ spot Bitcoin ETF enters SEC’s Nasdaq rulemaking list

The SEC has accepted for review the Valkyrie spot Bitcoin ETF filing named “BRRR,” which is a reference to a popular meme in the Bitcoin community.

Marathon shareholders file lawsuit against company's top management

The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets.

Bankrupt Celsius to spend $24M from GK8 sale on legal expenses

After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.

Thodex CEO sentenced to Turkish prison for failure to submit tax documents

Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevents him from presenting the requested books.

US regulatory clarity has begun in court after Ripple win: CFTC commissioner

CFTC Commissioner Caroline Pham said recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.

SEC’s Gary Gensler believes AI can strengthen its enforcement regime

Gensler highlighted market surveillance and three other use cases in which the securities regulator staff could benefit from making greater use of AI.

Crypto memes can be considered financial promotions, says UK watchdog

Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.

Cathie Wood very positive on Coinbase after Ripple court ruling

The Ark Invest CEO said the recent Ripple court ruling is a major win for crypto exchanges.

Multichain saga screws users, Binance fires 1,000 staff: Asia Express

The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires staff.

Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration

Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it.

Ripple court ruling makes call for regulation 'more compelling and more urgent' — former CFTC chair

Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP's favor.

Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17

Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020.

XRP tops BTC in trading volume as it continues to savor partial victory in SEC suit

XRP gained 1% over Bitcoin in volume between June 17 and July 17, with U.S. exchanges listing it again and international support never failing, Kaiko found.

SEC vs Ripple referred to judge who ordered release of ‘Hinman Documents’

Judge Analisa Torres has sent the remaining issues in the SEC versus Ripple case to Magistrate Judge Sarah Netburn.

AI Eye: AI content cannibalization problem, Threads a loss leader for AI data?

The reason AIs will always need humans, religous chatbots urge death to infidels, and is Threads’ real purpose to generate AI training data?

FSB finalizes its recommendations for a global crypto framework

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

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