Latest from Nikhilesh De
SEC Will Appeal XRP Ruling in Case Against Ripple
A federal judge ruled that while Ripple's direct sales of XRP to institutional investors violated securities law, its programmatic sales to retail investors through exchanges did not.

Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase
The Bank of England is recruiting academics for its central bank digital currency engagement forum and asking stakeholders for more information.

Fed Starts New Program to Oversee Crypto Activity in U.S. Banks
Fresh crypto guidance from the U.S. central bank doesn’t represent a departure from previous policy, but it provides more details on what the Federal Reserve expects from banks.

Bavaria's Data Regulator Had Not Concluded Assessment of Worldcoin When the Project Launched
The Sam Altman co-founded project has been shut down in Kenya over privacy concerns.

Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, Justice Department Says
Prosecutors had dropped a campaign-finance charge against the FTX founder last month.

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
The world's largest crypto mining machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether the delay is a White House strategy.

Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner
The filing comes around the same time the firm requested permission to offer a bitcoin-futures ETF.

Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.

Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight
The agency claims that the exchange operated as an unregistered broker, exchange and clearing agency.
