XRP Bears Reverse All SEC Ruling Gains, What’s Next?
Trading at around $0.51, XRP bears have fully reversed all gains posted on July 13, looking at price action in the daily
Read MoreTrading at around $0.51, XRP bears have fully reversed all gains posted on July 13, looking at price action in the daily
Read More"The rulings that the SEC seeks to appeal were legal determinations about the existence of investment contracts based on undisputed facts. The undisputed facts (e.g., Order at 23 (Programmatic Sales are 'blind bid/ask transactions')) present a legal question – can an issuer’s offers and sales on crypto asset trading platforms
Read MoreIn a significant move signaling the growing importance of Central Bank Digital Currencies (CBDCs) in global financial systems, Mastercard has announced a
Read MoreA federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws. Source
Read MoreA recent filing from the United States Securities and Exchange Commission (SEC) in its lawsuit against crypto miner Green United could shed light on how it may approach the case against Coinbase. On July 31, the SEC scored a win after District Judge Jed Rakoff denied Terraform Lab’s motion to
Read MorePayPal's move to issue a stablecoin is putting crypto legislation back in focus in Washington, D.C. Timothy Massad, former CFTC chairman and current director of the Digital Assets Policy Project at the Harvard Kennedy School, joined the conversation. tastycrypto head Ryan Grace shared his crypto markets outlook. And, The Sandbox
Read MoreIn its filing, the SEC noted that Ripple will have to respond by Aug. 16, 2023 (a week from the letter's filing), and proposed filing an opening brief laying out the appeal on Aug. 18. Ripple would have two weeks to respond, and the SEC would have another week to
Read MoreDespite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP lawyer John Deaton.Deaton addressed a post from a user named Moon Lambo on X (formerly Twitter), who
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New York federal judge granted permission to the SEC to proceed with its case against Terraform Labs Pte and its founder, Do Kwon. Judge Rakoff’s decision involved rejecting the differentiation drawn in the Ripple case regarding public
Read More"In his ruling, U.S. District Judge Jed Rakoff of the Southern District of New York rejected Judge Torres’ distinction between institutional sales and sales to retail investors on crypto exchanges, which he characterized as a misinterpretation of the Howey test used to determine if an asset is a security,” analysts
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