Ripple Sends New Letter To The SEC: What It Could Mean For XRP

Ripple has sent a new market-structure letter to the SEC’s Crypto Task Force, urging the agency to draw a hard line between a securities offering and the underlying token that may later trade in secondary markets, a framing that could matter for how XRP (post SEC lawsuit) and other...
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Cynthia Lummis Introduces Bill To Safeguard Crypto Developers From Money Transmitter Rules, Argues Against Penalties ‘Simply Because They Write Code’

Sen. Cynthia Lummis (R-Wyo.) and Sen. Ron Wyden (D-OR) put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as money transmitters under federal law. ‘Stop Treating Software Developers Like Banks’ The Blockchain Regulatory Certainty Act aims to exempt “non-controlling” software developers and infrastructure providers from federal money transfer requirements. Non-controlling...
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Coinbase Pushes Back as US Crypto Bill Nears Senate Vote

Coinbase has stepped up its lobbying in Washington as a major US crypto bill moves closer to review in the Senate. The company’s stock, COIN, remained steady around $240 as investors tried to gauge how new rules could affect its business. All of this is happening while the US...
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