SEC Seeks Key Documents from Ripple in Ongoing Legal Battle
The legal battle between the SEC and Ripple stems from the SEC’s allegation that Ripple engaged in unregistered securities sales, specifically through institutional sales of XRP.
German Fidor Bank integrated Ripple payment protocol into its transaction infrastructure.
The legal battle between the SEC and Ripple stems from the SEC’s allegation that Ripple engaged in unregistered securities sales, specifically through institutional sales of XRP.
It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023.
As part of its CBDC Partner Program, Mastercard has joined hands with prominent CBDC leaders and payment giants to work along with the central banks to bring CBDCs to the market under a regulatory framework.
Despite the surge in the crypto market, Ripple’s legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector.
The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets.
The surge in XRP price highlights the impact of legal outcomes on the crypto market.
Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange.
This great win of Ripple in its battle against the SEC can be viewed as a reminder that the existing regulatory frameworks may not always fit the unique characteristics of cryptocurrencies and may require modification or refinement.
The release of the Hinman documents comes amid rising legal pressure on Binance and Coinbase.
The focus of the Dispersion Capital fund is to promote decentralization which is at the core of Web 3.0.