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Caroline Pham, the Commodities Futures Trading Commission (CFTC) Commissioner, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory.Speaking on Bloomberg TV on July 17, Commissioner Pham said recent big court decisions regarding the classification of crypto assets will eventually lead to regulatory
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Cathie Wood, the founder and CEO of ARK Investment Management, said she remains “very positive” on Coinbase in light of Ripple’s partial victory over the Securities and Exchange Commission on July 13. While Wood noted the ruling wasn’t in outright favor of Ripple, she lauded the outcome as “by and large,
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Timothy Massad, former chair of the United States Commodity Futures Trading Commission (CFTC), has said though a Securities and Exchange Commission (SEC) v. Ripple court ruling may impact the way businesses and lawmakers address crypto, his call for regulatory clarity remains the same.In a July 7 op-ed with The Wall
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Given the current push for crypto regulation, the industry breathed a sigh of relief on July 13 as Ripple Labs scored a partial victory in its legal battle with the United States Securities and Exchange Commission (SEC) dating back to 2020.Judge Analisa Torres of the U.S. District Court for the
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Stu Alderoty, the chief legal officer for Ripple Labs, has reportedly said United States-based banks may turn to XRP for cross-border transactions following a recent court ruling.According to a July 17 CNBC report, Alderoty expressed confidence that U.S. banks and financial institutions could begin exploring XRP for use in cross-border
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied News of a favorable XRP ruling in its legal battle against the US SEC has sent the token’s trading volumes jumping by more than 1,300%. The ruling sparked a surge in XRP’s price, with the digital asset
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Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda Research. According to a July 14 filing with United States Bankruptcy Court for the District of New Jersey by the unsecured creditors' committee, BlockFi’s risk management team reported on
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Ripple’s XRP has surpassed Binance’s BNB token to become the world's four-largest digital asset by market cap after its 66% post-court ruling advance brought its valuation to $41.44 billion, according to CryptoX data. BNB – which rallied 6.5% in wake of the court ruling – now has a market cap
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Bitcoin's share of the crypto market tanked on Thursday while altcoins rallied after a U.S. court threw a spanner in the SEC's plans to regulate digital assets. Source
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“The surge was driven in large part by investors who interpreted Judge Torres’ ruling as representing a rejection of the SEC’s argument in the lawsuit it filed against COIN on June 6 that many of the tokens bought and sold in secondary-market transactions on the company’s exchange are unregistered securities,”
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