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XRP ruled not a security, triggering a market-wide rally. Binance faces regulatory pressure with layoffs and legal disputes. Spot bitcoin ETFs gain recognition from SEC. Read these and other news in our weekly recap. In a groundbreaking ruling, Ripple emerged victorious in their SEC lawsuit as the judge declared that XRP
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Republican lawmaker and self-described crypto HODLer, Senator Cynthia Lummis, has expressed her support for the recent judgment in the SEC vs. Ripple case. Sen. Cynthia Lummis is one of crypto’s most prominent supporters on Capitol Hill. She
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Senator Cynthia Lummis, a Republican from Wyoming, has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres, which declared that the Ripple-associated token XRP should not be considered a security. Senator Lummis highlighted that this ruling underscores the urgent need for Congress to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple CEO Brad Garlinghouse has shared his sentiments about a recent ruling that XRP is not a security. On July 13, Federal District judge Analisa Torres ruled that XRP, the native currency of the XRP Ledger (XRP),
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The SEC and those who support its approach are likely concerned that this no-good, very bad day becomes no-good, very bad days. A string of court losses with similar legal reasoning as yesterday’s ruling in the Ripple case would weaken anti-crypto Democrats' negotiating hand further. One takes this risk when
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Bitcoin, Crypto Prices Buckle After Altcoin Frenzy on XRP Ruling Source
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“Large capital pools have been reticent to engage in the industry with unclear rules of the road, while the related overhang has also slowed innovation, adoption, and just overall crypto ecosystem valuation, in our opinion — accelerating as regulatory actions heated up over the past year,” analysts wrote. Source
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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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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied After the recent ruling, XRP price surged 66%, but fake airdrop scams emerged. Ripple CTO has warned users against fraud. Ripple CTO David Schwartz warned that scammers will try to defraud users. He confirmed there will be
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Judge Analisa Torres of the US District Court rules XRP is not a security, sparking community debate on implications for the Binance lawsuit. In court, the judge denied the SEC’s request for summary judgment regarding programmatic sales
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