November 2nd, 2025
Armstrong said lawmakers are again looking to create crypto legislation in the US following Ripple’s court win and the increase in Bitcoin ETF applications.
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 Ripple CEO demanded clear regulatory rules for the crypto industry stating that the SEC shouldn’t undertake the approach of regulation through enforcement.
Loan holders will have to clear their outstanding loan balances until November 20, 2023.
Investors are wondering if there will be a devaluation of the Tesla giant since Elon Musk’s initiatives might lead to competition between the EV maker and new ventures.
The bill, initially drafted in early June, aims to create a regulatory framework for crypto exchanges to register with the US Securities and Exchange Commission (SEC).
Bitcoin dropped by just around 1 percent to trade around $29.9k on Friday despite the US unemployment claims coming in lower than expected.
According to the CoinMarketCap report, the global crypto market demonstrated continued growth in the second quarter of the year, with the total market capitalization reaching $1.17 trillion.
Open interest on XRP futures has set a new record over $1.1 billion as the community continues to celebrate Ripple’s win against the SEC.
According to Kennedy, backing the dollar with Bitcoin would help stabilize the economy. Kennedy has also spoken against anti-Bitcoin laws.
Robinhood Markets has listed three jobs for the UK market including a Compliance Officer, Operations Lead, and Senior Risk and Compliance Associate.
With the application on the SEC docket, members of the public will have 21 days to comment on Valkyrie’s proposal.
Several top Wall Street firms stated that Coinbase is likely to benefit the most from the improved confidence and regulatory clarity coming from the XRP ruling.
The XRP price surge to its highest in 15 months while the trading volumes also shot up to a 10-month high following a favorable ruling in the SEC lawsuit.
Gensler sees the court’s ruling as disappointing as the Commission partially lost its case against Ripple last week.