Bitcoin24h $97,636.32-0.90%

Ethereum24h $3,346.07-2.85%

Solana24h $251.02-2.96%

BNB24h $655.55-0.87%

XRP24h $1.39-7.36%

Dogecoin24h $0.4202-6.72%

Cardano24h $0.9919-8.48%

TRON24h $0.2078-3.38%

Avalanche24h $41.11-3.19%

Toncoin24h $6.11-5.83%

Coinbase claps back at SEC proposal, chief exec targets Gary Gensler

Coinbase legal chief Paul Grewal sent a 23-page letter to the SEC explaining why its RIA proposal will harm the crypto industry.

Is XRP a security? Ripple’s management of UNLs may hold the answer

The SEC has argued that XRP is a security, in part due to the decentralized nature of Ripple-managed default UNLs (unique node lists).

SEC chair Gary Gensler tweeted his most severe warning to crypto exchanges to date, but the SEC still can’t decide if ether is a security.

The reason why Gensler can’t say if ETH is a security becomes clear when we consider how it was founded and the SEC’s previous approach.