Nexo is Suspending U.S Operations - Citing Regulatory Dead End
According to a blog post published on December 5th, the crypto borrowing and lending platform known as Nexo intends to slowly cease operations in the U.S. over the coming months. Nexo has stated that leaving the United States is a regrettable yet necessary step.
Ripple SEC Battle Could End Soon As Both Parties Request New Deadline...
The United States SEC and Ripple Labs are reportedly requesting a deadline for sealing information in the case in their ongoing legal battle. Both parties in the case have until December 22nd, 2022, to file their respective sealing motions.
Ledger Partners Up With iPod Designer To Launch New Crypto Wallet...
Ledger, a security-focused company which sells crypto hardware wallets, has collaborated with Tony Fadell, the designer of the iPod, in the hopes of creating a simpler, more accessible means for customers to secure their cryptocurrencies.
Representative Torres Calls Out Gary Gensler In Strongly Worded Letter...
A Democratic congressman has called for an independent investigation into the inability of the U.S. SEC to prevent the FTX disaster. Representative Ritchie Torres (D-NY) asked the GAO (Government Accountability Office) to conduct an independent review of everything that happened in the SEC within the months leading up to the collapse.
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