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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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Broader crypto markets dropped 0.7% in the past 24 hours, the CoinDesk Market Index (CMI) shows. Original Source
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Crypto lawyers are seemingly divided over the significance of a recent court order from Judge Analisa Torres, which denied the United States Securities and Exchange Commission’s (SEC) plan to file an interlocutory appeal against Ripple.While many lawyers and commentators chalked the decision up as a substantive win for Ripple in
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Ripple says it received a license to operate as a major payments institution from Singapore's central bank allowing it to continue operations in the country after receiving in-principle approval in June.In an Oct. 4 blog post, the company said its local entity, Ripple Markets APAC Pte Ltd, was granted the full
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“Singapore has developed into one of the leading fintech and digital asset hubs striking the balance between innovation, consumer protection and responsible growth,” said Ripple CEO Brad Garlinghouse, in a statement, adding that the country has been the company’s Asia Pacific headquarters for six years. Source
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District court judge Analisa Torres has rejected the United States Securities and Exchange Commission's (SEC) motion to file an interlocutory appeal against the recent Ripple ruling.In an Oct. 3 court order, Judge Torres denied the SEC's motion as the SEC failed to failed to meet its burden to show there
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The judge had previously ruled in July that while Ripple violated federal securities laws in selling XRP to institutional investors directly, it had not done so by making XRP available to retail customers through programmatic sales to exchanges. That decision cast doubt on how strongly securities regulators would be able
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Solana (SOL) has emerged as a standout performer in the recent crypto market rally, catching the attention of investors and analysts alike.
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A pro-XRP lawyer has highlighted more casualties and negative impacts the regulatory authority has inflicted on XRP and its investors as well
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The XRP price has already been under pressure for the past month, as the future outlook of Ripple is still set to
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