Crypto Tokens To Become Securities According To Grayscale
Grayscale said in recent filings that the three crypto tokens “may be a security based on the facts as they stand right now.” The U.S. Securities and Exchange Commission (SEC) has asked Grayscale Investments LLC about its “security law analysis” of tokens in some of its less popular crypto trusts. The investigation, which Grayscale revealed […]
Argentina now accepts crypto for taxes and fees
As of August 24 in Argentina, the New Mendoza Tax Administration started accepting crypto payments. Residents of Mendoza Province (Argentina) can now pay government fees and taxes with cryptocurrencies. This is another step toward the widespread use of cryptocurrencies in Argentina. In a statement released on August 27, the Mendoza Tax Administration (ATM) said that […]
JPMorgan claims the Majority of crypto lacks a use case
According to Umar Farooq of JPMorgan, neither use cases nor regulations have really materialized. Umar Farooq of JPMorgan thinks that most of the crypto assets on the market are “junk” and that the real use cases for crypto haven’t fully shown themselves yet. On August 29, Farooq (The head of JPMorgan’s digital assets) said at […]
Roche claims statements about Ava Labs are incorrect
Roche makes an assertion that the recordings were staged by a third party to harm the lawyer and his company. In a Medium article published on Monday, Kyle Roche, the attorney at the core of claims made by the website Cryptoleaks concerning a covert arrangement between his company and Ava Labs, answered. The attorney vehemently […]
According to Ripple, consumers suffer from SEC’s scams
The statement comes amid claims by Ripple Labs and other detractors that the SEC overstepped its bounds in policing the cryptocurrency sector. In response to a recent opinion post by SEC chairman Gary Gensler, Ripple Lab’s general counsel Stu Alderoty argues that the agency’s crackdowns on the cryptocurrency sector aren’t safeguarding consumers. Alderoty said that […]