Newsletter Apr 25, 2023
Coinbase Files Court Action To Force SEC To Provide Clarity On Crypto Regulations

Coinbase filed a petition with the SEC last July, requesting the agency to engage in regulation-making for the industry, asking it to propose and adopt clearer regulatory guidelines for the sector in the United States.


Amazon Reportedly Delays NFT Marketplace Debut Due To Technical, Commercial Issues

The NFT Marketplace is now set to launch on May 15, according to a report.



Ripple Labs Reportedly Mulls Leaving The US, May Follow Coinbase's Lead

"We think the law is on our side and the facts are on our side," Ripple Labs' CEO said last July, adding that "we will move to another jurisdiction if we lose the case in the United States."

Terra Co-Founder Scores Major Win; South Korean Court Rules Luna Not A Security

"It is difficult to see Luna Coin as a financial investment product regulated by the Capital Markets Act," the court said.

Do Kwon Urges US Court To Throw Away SEC Lawsuit Due to 'Lack Of Jurisdiction'

Do Kwon's lawyers said that the lawsuit is an "improper attempt" by the SEC to regulate crypto using "outdated laws," even though Congress and the agency itself could not agree on what qualifies as a "security."


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