JP Morgan’s Dimon escalates battle over stablecoin rewards in CLARITY Act debate

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Crypto News

JPMorgan Chase CEO Jamie Dimon on Friday yet again sharply criticized Coinbase CEO Brian Armstrong and warned that the latest version of the Clarity Act could ultimately fail if lawmakers do not address concerns from traditional banks over stablecoin regulation. In an interview with Maria Bartiromo on Fox Business, Dimon appeared frustrated by the direction […]

Inside Aave’s governance battle as DeFi giant prepares for upgrade

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Crypto News

For months, Aave, one of decentralized finance’s (DeFi) largest lending protocols, has been at the center of a very public debate about what it is supposed to be. At the core, much of the community wants the network to be a decentralized financial layer governed by token holders, while a fraction of it warns that […]

Ripple to Drop Cross-Appeal Against SEC, Ending Years-Long Legal Battle With SEC

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Crypto News

The years-long legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) appears to have finally come to an end, after Ripple Labs CEO Brad Garlinghouse announced Friday that the company plans to drop its cross-appeal in the case. “Ripple is dropping our cross appeal, and the SEC is expected to drop their […]