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Ripple
Legal Experts Weigh in on Ripple's Partial Victory in SEC Court Fight Over XRP
Ripple scored a partial win in its fight with the U.S. Securities and Exchange Commission (SEC) after a court ruling that brought a little bit of regulatory clarity for the crypto industry. Willkie Farr & Gallagher LLP Counsel Michael Selig along with INX advisor and former SEC attorney Alex Damsker share their respective insights into the legal judgement. Plus, their thoughts on bail for former Celsius CEO Alex Mashinsky being set at $40 million by a judge after he was arrested Thursday on charges of fraud.
Bitcoin Breaks Above $31K as XRP Ruling Bolsters Optimism
Bitcoin (BTC), XRP, and most other major cryptocurrencies are rallying Friday on the news of a judge ruling that the sale of Ripple's XRP tokens on exchanges and through algorithms did not violate federal securities laws. CoinRoutes CEO and co-founder Dave Weisberger discusses the impact of the XRP ruling on the crypto markets.
XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein
The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said.
Ripple Scores Partial Victory in SEC Court Fight Over XRP; Ex-Celsius CEO Alex Mashinsky Is Arrested
“CoinDesk Daily” host Jennifer Sanasie breaks down an eventful day for the crypto industry, as Alex Mashinsky, former CEO of the insolvent crypto lender Celsius, is arrested and accused of orchestrating a "years long scheme to mislead customers" by the Department of Justice. Plus, Ripple’s XRP token rallies over 50% after a U.S. judge ruled the sale of XRP tokens on exchanges did not constitute investment contracts.
Ripple’s XRP Token Surges 96% After Partial Victory in SEC Lawsuit
XRP climbed as high as 93 cents at one point, its highest level since March 2022.
Ripple, Crypto Industry Score Partial Win in SEC Court Fight Over XRP
Institutional sales of the tokens violated federal securities laws, but programmatic sales did not, a court ruled.
UAE Welcomes Digital Assets as Ripple Wins in Singapore
Blockchain firm Ripple announced that it has obtained in-principle approval for a Major Payments Institution License from the Monetary Authority of Singapore (MAS), the nation’s central bank and regulator. Host Megha Chaddah discusses the latest expansion of the firm and the state of crypto in the UAE. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore
Authorities in Singapore have awarded 190 Major Payment Institution Licenses, with 11 going to Digital Payment Token companies.
Hinman Documents Release in SEC-Ripple Case Is a Boost to Ether: JPMorgan
The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said.
Ripple's Legal Chief on Why SEC Case is Important for the Crypto Industry
Ripple Chief Legal Officer, Stuart Alderoty, affirms their commitment to the defense of the entire U.S. crypto industry amid the ongoing SEC lawsuit in a recent 'State of Crypto' discussion. Alderoty asserts, "We've actually been benefited by the SEC suing us when they did," highlighting how this case has catalyzed industry-wide understanding and solidarity concerning regulatory issues.