Donald Trump Names Former SEC Chair Jay Clayton as US Attorney for Southern District of New York
Donald Trump’s pick of Jay Clayton for U.S. Attorney brings back a regulatory heavyweight known for reshaping crypto rules at the SEC.
SEC Chair Gary Gensler May Resign If Trump Win 2024 US Election
MetaLawMan predicted the SEC chair, whose term extends until 2026, may likely oppose the tradition if Trump eventually wins the election and becomes the new US President.
Bitcoin Price Shoots Past $47,000 amid BTC ETF Deadline Nearing
Bitcoin hit its 20-month high on Monday as the former SEC chairman Jay Clayton said that the BTC ETF approval is inevitable.
XRP Price Jumps Over 10% as Ripple Facilitates Financial Services for Multiple Institutions
By Tolu Ajiboye
The price of XRP is responding positively to Ripple sealing agreements to several institutions who need varying services from the firm.
Ripple CEO Lashes Out at Former SEC Chair Jay Clayton Over His Comments
Ripple CEO Brad Garlinghouse reminds how Jay Clayton has pushed the case against Ripple while exposing his hypocrisy against the recent SEC actions.
Jay Clayton Says He Is Huge Believer in Blockchain Technology
Jay Clayton has a very positive disposition to Bitcoin (BTC) and Ethereum (ETH), both of which were classified as commodities by the SEC and the status was never challenged under his tenure.
US Senate Confirms Nomination of Gary Gensler as SEC Chair
However, the nomination of Gensler was not a smooth ride due to the political divide between the two leading parties.
Former SEC Chairman Jay Clayton Joins One River Digital Academic and Regulatory Advisory Council
During the three years that Clayton served as the chairman of the SEC, he was working with initiatives that advanced the economy’s growth.
XRP Investors Files Petition Seeking SEC to Change Its Classification of XRP as Security
The petitioners accused the SEC of causing remarkable damage to their XRP coin holdings which has tanked in value since it filed the lawsuit.
Ripple Says It Will File Its Response to SEC’s ‘Unproven Allegations’ Against It
While the Ripple lawsuit was the last blow struck against the crypto industry by Jay Clayton, Ripple noted that it is open to working with the agency’s new leadership whenever they are appointed.
XRP Crashes Below $0.25 as Coinbase Announces XRP Trading Suspension
Some of the popular crypto exchanges have announced XRP trading suspension following the SEC lawsuit. This is seriously going to hurt XRP investors’ interest over a long period of time.
Ripple Partner MoneyGram Issues Statement After US SEC Files Lawsuit
Earlier this month, Ripple sold $15 million of its MoneyGram stock while not giving any specific reason behind it.
US Presidential Advisory Group Insists on Regulation of Stablecoins
By James Lovett
On Wednesday, President Trump’s Working Group on Financial Markets published a report regarding stablecoins retail payments perception amongst the public.
SEC Chairman Jay Clayton Sends His Resignation Letter
The protection of the American investors was one of the top priority for Jay Clayton while he served as the Chairman of the SEC.
Bitcoin ‘Potential Store of Value’ under Scrutiny as Its Volatility Termed Extremely High
However, with most investors still speculating on the future growth prospects of the assets, Tom Jessop thinks Bitcoin has the chance to become an alternative store of value.