Bitcoin suffers second-biggest monthly price drop in May
Bitcoin dropped by 37.5% in May after hitting a low of US$34,195 yesterday, the second-largest drop on record after it fell 40% in September 2011.
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Ripple’s XRP communications off-limits to U.S. securities regulator, court rules
The U.S. Securities and Exchange Commission has failed in a bid to gain access to any legal communications Ripple Labs sought or received as to whether sales of XRP were subject to federal securities law.
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Are 73 SEC actions against crypto enough warning to Ripple about XRP?
SEC says Ripple had plenty of ‘notice’ that XRP transactions could be violating the law via its many enforcement actions against other crypto companies.
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Crypto sector faces tougher enforcement over sanctions-busting, report says
Sanctions enforcement affecting the cryptocurrency industry has intensified rapidly in the past two years, according to a new report by crypto compliance consultancy Elliptic.
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U.S. securities watchdog looks to regulate crypto trading like stock exchanges
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, has said he wants to see regulation to protect consumers built into the operations of cryptocurrency exchanges.
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How Ripple found new ways to grow XRP business despite SEC lawsuit
Ripple’s CEO Brad Garlinghouse says Ripple was hit hard financially after SEC filed its lawsuit, but the company is now expanding uses for XRP’s technology.
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Crypto miner BitDeer blocks China users as Beijing gets tough on sector
BitDeer, one of China’s biggest crypto mining operators, blocked access to anyone using a mainland Chinese IP address last night.
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Ripple faces SEC request for further discovery over XRP transactions
The U.S. SEC is seeking additional discovery from Ripple on its XRP transactions and documents related to its lobbying efforts.
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Crypto exchange Poloniex faces sanctions over alleged securities breaches
Ontario Securities Commission is taking enforcement action on crypto exchange Poloniex for its alleged violation of Ontario securities law.
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China’s cryptocurrency mining sector becomes target of fresh clampdown
Chinese authorities’ latest regulatory offensive against the crypto industry may not be as bad for the sector as it appears.