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Coinbase disclosed a Wells Notice from the US Securities and Exchange Commission (SEC). A Wells Notice usually comes before an enforcement action. Coinbase CEO Brian Armstrong says the company isn’t surprised with the SEC’s move. Coinbase CEO Brian Armstrong has commented on the company’s announcement that it had received a Wells Notice from the US Securities and Exchange Commission (SEC), saying via Twitter Spaces that the exchange wasn’t entirely surprised at the regulator’s action....

Coinbase CEO says SEC did not offer feedback in 30 meetings Coinbase disclosed a Wells Notice from the US Securities and Exchange Commission (SEC). A Wells Notice usually comes before an enforcement action. Coinbase CEO Brian Armstrong says the company isn’…

The Montana Senate recently passed a bill designed to protect crypto miners operating within the state. The proposed law, which is currently making its way through the state's House of Representatives, seeks to protect both individual and commercial miners in Montana against discriminatory laws by scrapping some of the rules that have the potential to undermine their operations. Specifically, the bill seeks to protect miners against taxes on digital assets used as a means of payment....

How Montana stands to benefit if its pro-crypto mining bill is approved The Montana Senate recently passed a bill designed to protect crypto miners operating within the state. The proposed law, which is currently making its way through the state’s House of Repres…

Ripple Labs president Monica Long expects a positive outcome in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) alleging its XRP token to be a security. Long says in a new CNBC interview that she is “very hopeful” that the ruling in the lawsuit will be in Ripple’s favor. While predicting that the SEC is unlikely to win the lawsuit as the “facts and the law” are on Ripple’s side, the president of the payments firm says that the crypto industry desires regulatory clarity and certainty from the US markets regulator....

Ripple President ‘Very Hopeful’ of a Win in SEC Lawsuit Against XRP, Predicts When Ruling Is Likely To Be Ready Ripple Labs president Monica Long expects a positive outcome in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) alleging its XRP token to be a security. Long says in a new CN…

The Central Bank of the United Arab Emirates (CBUAE) is taking significant steps towards the full launch of its central bank digital currency (CBDC) known as the digital dirham. As announced on March 23, the CBUAE has signed an agreement with Abu Dhabi-based G42 Cloud and digital finance services provider R3 to be the infrastructure and technology providers for the CBDC implementation....

UAE’s Central Bank Nears Launch of Digital Dirham The Central Bank of the United Arab Emirates (CBUAE) is taking significant steps towards the full launch of its central bank digital currency (CBDC) known as the digital dirham. As announced on Mar…