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Coinbase Moves to Dismiss SEC Lawsuit, Claiming Crypto Is Out of Regulator's Oversight

Coinbase (COIN) has filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping outside its jurisdiction with the lawsuit. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down Coinbase's arguments in its latest filing and how this compares to the SEC's other recent lawsuit against Ripple.

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Bitcoin Starts August in the Red, Slipping Below $29K

CoinDesk Indices head of research Todd Groth, CFA, joins "First Mover" to discuss how the crypto market performed in July, with a focus on the impact of Ripple’s partial court victory against the U.S. Securities and Exchange Commission (SEC).

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Judge Denies Terraform Labs' Motion to Dismiss SEC Lawsuit, Rejecting Ripple Ruling Precedent

Stablecoin issuer Terraform Labs' motion to dismiss a lawsuit from the U.S. Securities and Exchange Commission (SEC) was denied by a federal judge on Monday. The judge also said he rejected the use of a ruling from Judge Analisa Torres who ruled that Ripple did not violate securities law in selling XRP to retail investors through an exchange intermediary. CoinDesk's global policy and regulation managing editor Nikhilesh De shares the latest developments.

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Crypto Market Performance Recap for July

Bitcoin (BTC) is starting the month of August below $29,000, having lost roughly 5% in the past 30 days. Todd Groth, CFA, CoinDesk Indices head of research, reviews last month's activity in the broader crypto markets and the impact of Ripple's partial court victory against the SEC.

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Policy

Ang Kaso ng SEC ay 'Halos Walang Epekto' sa Mga Pakikipag-usap ni Ripple Sa mga Bangko Sentral, Sabi ng Exec

Sinabi rin ni James Wallis na ang desisyon na ang pagbebenta ng Ripple ng XRP ay hindi bumubuo ng mga kontrata sa pamumuhunan ay isang malaking tagumpay, hindi lamang para sa Ripple kundi para sa industriya.

(Ripple Labs)

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Ripple Exec on Palau Stablecoin Trial on XRP Ledger, SEC Case Ruling

Ripple vice president of central bank engagements and CBDCs James Wallis joins "First Mover" to discuss his insights into the country of Palau leveraging Ripple's CBDC platform and starting a stablecoin trial on the XRP Ledger. Wallis also weighs in on Ripple Labs scoring a partial win against the SEC earlier this month after a judge ruled the sale of Ripple's XRP tokens on exchanges and through algorithms did not constitute investment contracts.

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Markets

Stellar, Ripple at Solana-Based Investment Funds Tingnan ang AUM Spike sa Hulyo

Nagsimula ang malalaking kita kasunod ng bahagyang tagumpay ng korte ng Ripple laban sa SEC sa kalagitnaan ng buwan.

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Policy

Sinimulan ng Pacific Island Group ng Palau ang Stablecoin Trial sa XRP Ledger

Ang bansa ay namamahagi ng PSC (Palau stablecoin) sa loob ng tatlong linggo at ang pagsubok ay tatakbo hanggang Agosto.

Palau (Rene Paulesich / Unsplash)

Policy

Pag-aresto kay Mashinsky, Ripple Ruling, ETC.

Nakikibalita sa 11 araw lamang na halaga ng balita.

Former Celsius CEO Alex Mashinsky outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)

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Altcoin Dominance Touches 4-Month High: Kaiko

According to Kaiko, bitcoin dominance has fallen since Ripple's partial court victory against the SEC. BTC dominance across the top 25 centralized exchanges is currently at 27%, which is the lowest level since April. CoinDesk's Jennifer Sanasie explains why this is causing the altcoin markets to rally in "Chart of the Day."

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