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SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal


The U.S. Securities and Exchange Commission (SEC) has told a federal court that some portions of the Ripple ruling regarding XRP “were wrongly decided.” The regulator has asked the court to ignore parts of the ruling, noting that “SEC staff is considering the various available...

Ripple Expects Business to Pick Up in the US After Landmark Ruling


Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes...

Bitcoin Price Outlook for July 


Two weeks into July and bitcoin has risen to a fourteen-month high, as cryptocurrency markets reacted to the Ripple Labs’ ruling. XRP was partially ruled to not be a security by U.S. judge Analisa Torres, after a lawsuit from the Security and Exchange Commission (SEC). However, what does...

Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit


Coinbase, the US-based cryptocurrency exchange, has temporarily paused its staking services in four states in response to legal proceedings from Securities and Exchange Commission (SEC). In a blog post on July 14, Coinbase announced that it was temporarily suspending its retail staking service...

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