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Landmark UK Verdict: Tether Now Recognized as Property
In a move that has reverberated through the corridors of the financial and legal sectors in the United Kingdom, the High Court has issued a pivotal decision, declaring that the digital currency Tether (USDT) constitutes legal property under English law. This ruling not only sets a precedent but also comes as a significant affirmation of…
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eToro Curbs US Crypto Trades After Landmark SEC Settlement – What It Means for You
In a notable development within the cryptocurrency sector, the United States Securities and Exchange Commission (SEC) has reached a settlement with the Israel-based crypto platform, eToro. The agreement involves eToro paying a $1.5 million fine for operating in the United States without the proper registration. This fine underscores the importance of compliance with regulatory frameworks…
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Kalshi Triumphs Over CFTC: A Landmark Victory for US Prediction Markets
In an intriguing turn of events, it has come to light that US citizens now have the opportunity to engage in betting on the upcoming election outcomes through derivatives, a possibility made real after a judicious challenge overturned the previous decision by the Commodity Futures Trading Commission (CFTC). This development opens a fascinating chapter in…
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SEC Triumphs as Ripple Labs Faces $125M Fine in Landmark Case
In a landmark decision that reverberated through the cryptocurrency landscape, Ripple Labs has been mandated to settle a $125 million civil penalty, effectively concluding a protracted legal tussle with the Securities and Exchange Commission (SEC). The ruling, delivered by Judge Analisa Torres of the U.S. District Court for the Southern District of New York on…
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Artists Challenge SEC’s Grip on NFT Terrain – Inside the Landmark Lawsuit
Unleashing the Power of NFTs: Artists Battle for Clarity in the Shadow of Enforcement Now, everyone’s talking about the big wave, the digital marvel known as NFTs—Non-Fungible tokens. However, it’s not just all minting and profits. There’s a bit of a cloud hanging over the sunny skies of nft artists in the United States, and…
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Ripple CEO Marks One Year Anniversary of XRP’s Landmark SEC Decision
In the ever-evolving world of cryptocurrency, landmark decisions and legal battles can significantly shape the future landscape of digital finance. A particularly noteworthy event that left an indelible mark on the industry involved Ripple Labs Inc., a prominent figure in the realm of digital payment protocols. Let’s dive into the details of a historic ruling…