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Lawyer Outlines 4 Options SEC Could Proceed in Ripple Case Over XRP
27.7.2023
A lawyer has outlined four potential next steps that the U.S. Securities and Exchange Commission (SEC) could take following the ruling on the Ripple case regarding XRP. “I expect the SEC to file a request for interlocutory appeal within the next 2 weeks,” he opined, asserting that...
Mashinsky's Arrest, Ripple Ruling, Etc.
26.7.2023
I was on vacation for the last week-and-a-half but before I left, I sent a list of things to watch for to my colleagues that in hindsight, was wholly inadequate. Anyway, here's my effort to catch up
Crypto Industry Celebrates XRP Court Ruling, but Long Road Ahead for Regulatory Framework
25.7.2023
The cryptocurrency industry has been abuzz with excitement after a recent court ruling declared that Ripple's XRP token is not considered a security when sold on digital asset exchanges.
The ruling has generated positive sentiment across the crypto ecosystem, offering hope for clarity in...
Decoding Ripple’s Ruling: A Potential Tsunami for the SEC
25.7.2023
In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that...
Ripple ruling and crypto ETFs 'drove a lot of urgency' among lawmakers, reportedly says Coinbase CEO
24.7.2023
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets
The Effects Of The SEC v Ripple Ruling Remains Ambiguous: Bank of America Insists on Clarity
24.7.2023
The aftermath of the court ruling in the Securities and Exchange Commission’s (SEC) case against Ripple continues to be debated along many lines as industry analysts mirror the judgment to find needed regulatory direction.
In a new research report released on Friday, Bank of America (BAC) opined...
XRP court ruling marks milestone, but new crypto law could take years
24.7.2023
Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework
Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win
24.7.2023
Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain firm also plans an expansion in the U.K. and Europe...
Implications of Ripple-SEC Court Ruling for Wider Crypto Industry Are Unclear: Bank of America
24.7.2023
Ripple’s XRP offerings are unique, and the implications of the court’s ruling are difficult to determine, the report said
Mark Cuban Criticizes SEC Approach in Ripple-XRP Case
24.7.2023
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has weighed in on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “The current mission of the SEC is not to protect small investors,” the billionaire asserted. “Their goal...
Lawyer Discusses SEC Appeal of Ripple-XRP Ruling — Says It Could Take 2 Years
24.7.2023
A lawyer has provided insights into the potential outcomes if the U.S. Securities and Exchange Commission (SEC) decides to appeal the Ripple ruling regarding XRP. Despite the securities regulator’s indication to appeal the ruling, the lawyer emphasized that “There isn’t...
Blackrock’s Bitcoin ETF Application Update, Warnings of Possible Reversal in XRP Ruling, and More — Week in Review
23.7.2023
Financial megalith Blackrock’s bitcoin exchange-traded fund (ETF) application has now been accepted by the U.S. Securities and Exchange Commission, and added to the regulator’s docket. In related news, a former official from the SEC has said the recent ruling on XRP from the SEC...
SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal
23.7.2023
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...
SEC reviews Ripple ruling, US bill seeks control over DeFi, and more: Hodler’s Digest, July 16-22
22.7.2023
The SEC examines the ruling in the Ripple case, a U.S. Senate bill seeks to regulate DeFi, and the poor performance of altcoins in the second quarter of 2023
SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit
22.7.2023
According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 on Friday, a Week After XRP Ruling
21.7.2023
Bitcoin dropped below the $30,000 level on Jul 21, as market sentiment continued to trend lower in today’s session. This comes a week after cryptocurrency markets surged following the XRP ruling, however momentum has since faded as a result of profit taking. Ethereum was also down on Friday....
No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
19.7.2023
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission's 2024 fiscal budget
Ripple Expects Business to Pick Up in the US After Landmark Ruling
19.7.2023
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...
US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling
19.7.2023
U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate and regulate not by clear rule or guidance but...
SEC Chair Gary Gensler Expresses Disappointment Over Ripple Court Ruling, Continues Evaluation
18.7.2023
Securities and Exchange Commission (SEC) chair Gary Gensler has said he is “disappointed” in a court ruling that declared that Ripple’s XRP token is “not in and of itself” a security....
Read More: SEC Chair Gary Gensler Expresses Disappointment Over Ripple Court Ruling, Continues Evaluation