In a significant setback for the U.S. Securities and Exchange Commission (SEC) in its quest to regulate the cryptocurrency market, a federal judge has rejected the SEC’s request to appeal her recent ruling involving Ripple Labs, the company behind the XRP token. District Judge Analisa Torres ruled that the SEC
SEC Vs Crypto Industry It is a one more turbulent year for the cryptocurrency industry after the U.S Securities and Exchange Commission (SEC) sued crypto titans such as Binance and Coinbase. The SEC lawsuit related to securities violations, including the unregistered offers and sales of the respective tokens. These legal
Ripple, a prominent blockchain company, secures in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS), the central bank of Singapore. This approval comes at a time when the crypto industry is grappling with increasing regulatory scrutiny in its home country, the United States. Particularly
Prior to the 2022 market catastrophe, Ripple’s native token XRP was one of the most attractive cryptocurrency for investors, but it lost over 70% of its value due to unexpected events in the crypto market and the battles between Ripple and the Securities Exchange Commission (SEC). However, once again, XRP
In an unexpected turn of events, Kylie Chiseul Kim, an attorney, has decided to resign from Ripple Labs, a prominent blockchain technology company. This recent development has piqued the Ripple community’s interest and raised concerns about the company’s future direction. #XRPCommunity #SECGov v. #Ripple #XRP Attorney Kylie Chiseul Kim has
Ripple (XRP), a prominent altcoin with the 6th position in the global crypto ranking, gained its price back in the month of March. But April’s movement seems to not follow that path. The hope of reaching the $1 mark came crumbling down as the month started. A few extractions made
Ripple (XRP) recorded a new four-month high since May. XRP increased by over 63% in the last 7 days. Following the most recent U.S. Federal open market committee meeting, Ripple (XRP) overcame a significant barrier and reached a new four-month high as crypto market volatility slowed. At the time of
The Chamber of Digital Commerce filed a motion to join in as the third party. Ripple’s motion for summary judgment hit the public forum on Sept 17th. The SEC vs Ripple (XRP) case has some updates, which kindly seem to be in favor of Ripple labs and its executives. On
