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Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case?

20.7.2023
The US Federal Reserve announced on Thursday that its long-awaited FedNow Service has gone live. According to a post on the Fed’s website, "banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of...

Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says

20.7.2023
The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

SEC Chair Gensler Cites 'Wild West' of Crypto in Case to Increase Agency's Budget

19.7.2023
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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 v. Ripple Case Referred to Magistrate Judge Sarah Netburn, Who Ordered 'Hinman Documents' Release

18.7.2023
Remaining questions in the legal battle between Ripple and the US Securities and Exchange Commission (SEC) have been referred to Magistrate Judge Sarah Netburn, the judge who ordered the release of the so-called ‘Hinman documents.’ Magistrate Judge Netburn will now take care of general pretrial...

SEC ‘Disappointed’ With XRP Ruling on Retail Investors — Chair Gensler Hints at More Crypto Industry Enforcement

18.7.2023
U.S. Securities and Exchange Commission Chairman Gary Gensler has stated that the regulator is “disappointed” with the SEC v. Ripple ruling on XRP regarding retail investors. “We are still looking at it and assessing that opinion,” he affirmed. Gensler also reiterated...

Ripple case: SEC appeal unlikely as it gains from 'current confusion' — Haun Ventures CEO

17.7.2023
An immediate appeal could only jeopardize the SEC’s “entire enforcement agenda,” said Katie Haun of Haun Ventures

Former SEC Official Warns of Reversal in SEC v Ripple Ruling on XRP — Says ‘the Decision Resides on Shaky Ground’

17.7.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that the ruling on the SEC v. Ripple case “resides on shaky ground” and will likely be reversed. “The Ripple decision grants to the institutional investor full SEC protection...

SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse

16.7.2023
According to Ripple CEO Brad Garlinghouse, the filing of an appeal by the SEC would “only further” solidify Judge Torres decision that XRP is not a security

US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP

16.7.2023
Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only...

Legal Expert Warns Victory May Be Short-Lived for Ripple and XRP — Says Judge ‘Got the Law Wrong’

15.7.2023
A legal expert has warned that the district court ruling on XRP “rests on very shaky ground.” Expecting an appeal, he cautioned that Ripple’s victory “may be a short-lived victory,” claiming that the judge “got the law wrong.” Lawyer on Ruling of...

XRP’s Rise Causes Ripple of Gains in Crypto Economy

14.7.2023
Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs...

Ripple Labs vs. SEC case results in XRP’s historic success

14.7.2023
The landmark case between Ripple Labs and the SEC has come to an end. Ripple has won the case against the SEC, proving that selling XRP tokens on exchanges did not violate federal laws. Starting back in 2020, the SEC’s case questioned XRP’s constitution as a crypto. The US Securities...

XRP ruling a ‘watershed moment’ but we’re not out of the woods yet — Lawyers

14.7.2023
The crypto community has gathered to celebrate the recent ruling on XRP's securities status, but lawyers warn there's more to it than meets the eye

Ripple’s Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security’

14.7.2023
Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP...

XRP becomes 4th largest crypto after Ripple's partial win over SEC

14.7.2023
XRP’s market capitalization surged by more than $21 billion in just three hours

Coinbase, Other Crypto Exchanges Relist XRP Following Ruling in SEC v Ripple Case

14.7.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has relisted XRP following a landmark ruling in the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs case. Several other crypto exchanges have also resumed trading of XRP. Crypto Exchanges Bring Back XRP Trading Following the landmark...