Fun

News Feed - 2023-07-24 10:07:55

Savannah Fortis10 hours agoCoinbase vs SEC court dates confirmed for initial case argumentsA judge in New York has approved a joint request from the SEC and Coinbase to settle dates for opening briefs and all subsequent responses.3788 Total views68 Total sharesListen to article 0:00NewsJoin us on social networksThe latest development in the United States Securities and Exchange Commission’s lawsuit against cryptocurrency exchange Coinbase comes as a date is confirmed for the two parties to voice their initial arguments. 


On July 24, Coinbase’s chief legal officer, Paul Grewal, tweeted the news that New York Judge Katherine Polk Failla approving the joint request from the SEC and Coinbase to proceed with hearings.Judge Failla has issued a scheduling order for our Rule 12(c) motion for judgment on the pleadings. We appreciate the Court"s prompt attention to this matter. pic.twitter.com/XhR4hy0FDf— paulgrewal.eth (@iampaulgrewal) July 23, 2023


The initial document submitted by the two parties highlighted that an agreement was concluded for Coinbase’s motion and opening brief to be due on Aug. 4, 2023, along with time frames for various subsequent supporting documents and responses and the respective length of the documents. 


However, no agreement was reached on a deadline for the SEC’s opposition brief, to which Coinbase proposed 30 days after its opening motion and brief and the SEC proposed 60.


Judge Failla responded by an approval granted “in part,” which included Coinbase’s deadline of Aug. 4 for the initial brief and Aug. 11 for supporting documents. 


She also settled the disagreement over a date for the SEC’s opposition brief, which is to be due on or before Oct. 10, 2023, with Coinbase’s reply by Oct. 24 or sooner. 


Related:Ripple CEO Brad Garlinghouse: ‘The SEC created this mess’


In response to the lawsuit, Coinbase announced on July 14 that it will be pausing the ability of customers in California, New Jersey, South Carolina and Wisconsin to staking additional assets until “further notice.”


The SEC’s case against Coinbase is only one of the crypto-related lawsuits it is involved in, with its Ripple Labs lawsuit being a hot topic in the industry.


According to a July 17 report, Brian Armstrong, the CEO of Coinbase, reportedly plans to meet with lawmakers in the U.S. to discuss legislation of digital assets and other similar topics.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:Experts want to give AI human ‘souls’ so they don’t kill us all# Coinbase# Business# SEC# United States# CourtAdd reactionAdd reactionRelated NewsHow to buy NFTs without owning cryptoAI opens doors for NFT artist Ellie Pritts at bitforms gallery in NYCUS law protects institutions and exposes retail investors — Rep. TorresSEC is ‘wrongfully attempting’ to police crypto markets — Paradigm counselWhat to expect from the first Coinbase-SEC hearingAllowing Coinbase to go public was not a ‘blessing’ from regulators — SEC

News Feed

Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity
Visual Interpretation of Bitcoin"s Supply Shows the Digital Asset"s Unique ScarcityThe Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitco
Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance
Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC ResistanceWisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-trade
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he consid
Derek Andersen4 hours agoXRP, TON win approval in Dubai International Financial Centre free trade zoneThe new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is co
US Regulators and the Fed Jointly Issue Crypto Warnings
US Regulators and the Fed Jointly Issue Crypto Warnings The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OC
India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister
India"s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be
After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile
After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank acc
Turner Wright17 hours agoRipple CLO says court ruling could encourage banks to adopt XRP: ReportA July 13 court ruling in Ripple’s legal battle with the SEC suggested XRP may not necessarily be a security, a decision t
US Govt Moves 54.9 billion Shiba Inu, But SHIB Could Explode By 130%
Este artículo también está disponible en español. A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly creat
CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team
CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team press release PRESS RELEASE. Hong Kong, February 23, 2021 – CoinEx, a global and professional
Arijit Sarkar12 hours agoApple MacOS malware targets crypto community and engineersThe social engineering attacks trick community members into downloading a malicious ZIP archive named “Cross-platform Bridges.zip”
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment The United Arab Emirates (UAE) has said it now requires real estate agents, bro