The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to escalate, with Ripple firing back against the SEC’s hefty civil penalty demands. This week’s developments shed light on the ongoing debate surrounding cryptocurrency regulation and the SEC’s enforcement strategies. Ripple Seeks “Appropriate” Penalty: On June 13th, Ripple’s lawyers filed…
The legal battle between the SEC and Ripple continues to cast a shadow over the cryptocurrency market. Investors are anxiously waiting for the court’s decision on whether Ripple’s XRP sales to institutional investors violated US securities laws. A potential loss for Ripple could result in a hefty fine and a court order (injunction) restricting them…
Ripple CEO Brad Garlinghouse believes the U.S. Securities and Exchange Commission (SEC) will approve exchange-traded funds (ETFs) for XRP, along with other cryptocurrencies, by next year. In a recent interview, Garlinghouse discussed the changing landscape of crypto regulations in the U.S., attributing the shift towards approving crypto ETFs to the SEC’s string of court defeats….