U.S. judge considers whether Terraform Labs' cryptocurrencies were securities

A U.S. judge considered whether the digital assets created by Terraform Labs were securities at a hearing on Thursday, a question central to the U.S. Securities and Exchange Commission’s fraud case against the company and its founder Do Kwon. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.

• 2023-06-16
• Terraform Labs digital assets U.S. Securities and Exchange Commission Do Kwon securities Jed Rakoff

Treat Crypto as Securities by Default, European Parliament Study Says

Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says

• 2023-06-01
• European Parliament European Union Crypto assets MiCA digital assets legal status securities Markets in Crypto Assets

XRP edges Bitcoin, Ether with Tuesday’s largest gains

Bitcoin and Ether inched up during Tuesday afternoon trading hours in Hong Kong, while the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.

• 2023-05-30
• Bitcoin XRP Hong Kong Tuesday afternoon Ripple Labs market capitalization NFT Securities chief security officer