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Supreme Court lets Fed Governor Lisa Cook keep job pending oral argument

Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty Images The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump … Read more

Apple delays release of iPhone Air in China due to pending approval of eSIM

Apple is set to release its upcoming iPhone 17 series on September 19 in most countries across the world. However, the eSIM-only iPhone Air’s release is being delayed in China, likely due to regulatory issues around the approval of the embedded SIM. Apple’s website notes that all three Chinese state-owned network providers, China Mobile, China … Read more

SEC files status report on Ripple XRP appeals pending court decision

Key Takeaways The SEC and Ripple Labs have jointly requested to dismiss their respective appeals in the ongoing legal case concerning XRP. Both parties filed a joint stipulation to dismiss the appeals process, which is now awaiting approval from the Court of Appeals. Share this article The US Securities and Exchange (SEC) has filed a … Read more

SEC, Ripple ask court to delay appeal proceedings pending August 15 update

Key Takeaways The SEC and Ripple Labs are working to finalize a settlement agreement, requesting the court to delay appeals. The proposed settlement includes dissolving an injunction and adjusting a $125 million penalty distribution. Share this article The SEC and Ripple Labs are seeking more time to finalize a settlement and have asked the US … Read more

21Shares’ Polkadot ETF filing accepted by SEC, decision pending

The U.S. Securities and Exchange Commission has officially acknowledged Nasdaq’s filing for 21Shares’ Polkadot exchange-traded fund, marking a key step in the approval process. The SEC has confirmed 21Shares Polkadot (DOT) ETF filing by Nasdaq, dated March 20. If it’s approved, the ETF would be listed on Nasdaq, allowing regular investors to invest in Polkadot … Read more

January pending home sales drop to the lowest level on record

“For Sale” and “Sale Pending” signs in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024. The National Association of Realtors is scheduled to release existing homes sales figures on June 21.  David Ryder | Bloomberg | Getty Images High mortgage rates and elevated home prices combined to crush home sales … Read more

SEC staff agrees in principle to dismiss Coinbase enforcement case, pending Commissioner approval

Key Takeaways The SEC is likely to drop its big lawsuit against Coinbase, which could be a major victory for the crypto industry. Dismissing the lawsuit may shift focus from legal battles to establishing crypto standards in Congress. Share this article The SEC staff has agreed in principle to dismiss its enforcement case against Coinbase, … Read more

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