Phil Liu News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Over the past decade, though, and particularly in recent months, digital assets have boomed.  Big names like MassMutual, MicroStrategy, and Tesla have bought Bitcoin; PayPal and Square's CashApp have made it easy to buy crypto with the tap of a finger; and major financial players like BNY Mellon and Visa and Mastercard have said they're planning to offer custody and transaction services for certain digital assets. Some SPACs have even considered getting in on the action, according to people interviewed for this story. While complex technology and scrutiny from regulators might deter some inv...

US stocks flat as rollercoaster 2020 comes to a close egraffeo@businessinsider.com (Emily Graffeo) © Anadolu Agency/Getty Images Waterford crystals were installed to the Times Square ball for New Years Eve Celebration in New York City, on December 27, 2020 Anadolu Agency/Getty Images US stocks opened mostly flat on Thursday morning to finish off a rollercoaster year for markets.  Initial jobless claims declined by 19,000 to 787,000, beating the consensus estimate of 828,800. US stocks opened relatively flat on Thursday morning to finish off a rollercoaster year for markets...

XRP delisted on more platforms following SEC's Ripple complaint egraffeo@businessinsider.com (Emily Graffeo) © Thomas Trutschel/Getty Images A ripple coin stands on a table Thomas Trutschel/Getty Images The cryptocurrency exchanges Crypto.com, Coinbase, and OKCoin said this week that they were suspending trading of the XRP token following a Securities and Exchange Commission complaint against its developer, Ripple Labs. XRP dropped 31% on Tuesday but had climbed back roughly 23% as of Thursday. XRP, the coin, "is one foot in the grave," Phil Liu, the chief legal officer at ...

Crypto Industry Insiders Comment on SEC Complaint Against Ripple Alleging Sale of Unregistered Securities in XRP Distributions The Securities and Exchange Commission’s (SEC) lawsuit against Ripple is the largest enforcement action attacking the sale of a cryptocurrency to date. The SEC alleges the sale of an unregistered security in the issuance of XRP, Ripple’s native token. Ripple has been quick to defend itself posting a Wells Notice response and publicly commenting elsewhere. Brad Garlinghouse, CEO of Ripple, took to Twitter to defend his company stating: Today, the SEC voted to att...