XRP Is Now The Fourth Largest Cryptocurrency After 0 Billion Post-Election Surge

XRP Is Now The Fourth Largest Cryptocurrency After $100 Billion Post-Election Surge

Topline The XRP token, which is linked to Ripple Labs, has become the fourth-largest cryptocurrency in the world in terms of market cap, after a weeks-long rally triggered by President-elect Donald Trump’s election win in November and recent speculation about the SEC potentially dropping its legal case against Ripple. The Ripple-linked XRP token briefly became […]

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U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

Indian billionaire Gautam Adani. File | Photo Credit: Reuters Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the U.S. Securities and Exchange Commission (SEC) allegation of paying $265 million (₹2,200 crore) in bribes to secure lucrative solar power contracts. Summons have been sent to […]

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SEC Chair Gary Gensler, who led U.S. crackdown on cryptocurrencies, to step down

SEC Chair Gary Gensler, who led U.S. crackdown on cryptocurrencies, to step down

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. Mr. Gensler pushed changes that he said protected investors, but the industry and many Republicans bristled at what they saw as overreach. President-elect Donald Trump had promised […]

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