CryptoRegulationBattle
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-- Breaking News-- Ripple Fires Back at the SEC with a Bold Cross-Appeal
Ripple has just turned up the heat in its battle with the U.S. Securities and Exchange Commission (SEC) by filing a cross-appeal, challenging unresolved questions about XRP sales. This comes as the SEC pushes to overturn Judge Analisa Torresâs ruling, which had freed Rippleâs retail XRP transactions from securities violations. Ripple is doubling down, aiming to ensure the SECâs arguments on âinvestment contractsâ face full scrutiny in the appeals court. đïžâïž
The Clash Continues: Rippleâs Chief Legal Officer, Stuart Alderoty, took to X (formerly Twitter) to call out the SECâs move, stating, âThe SEC lost on all key pointsâthatâs why they appealed.â He confirmed that Rippleâs cross-appeal will ensure all issues, including whether XRP can be classified as an investment contract, are properly addressed. Rippleâs stance is clear: XRP doesnât meet the criteria to be classified as a security, especially when sold programmatically or on exchanges. đ
Judge Torresâs July ruling, which Ripple now seeks to reinforce, declared that Rippleâs retail sales of XRP did not violate securities laws. Alderoty emphasized that the SEC itself has argued that XRP, the asset itself, isnât a security. Rippleâs legal team is determined to settle this once and for all. đđ„
Crypto Community Rallies: Rippleâs bold move has sparked cheers across the crypto world, with industry leaders calling for pro-innovation lawmakers to step up and support Ripple by filing amicus briefs. The stakes are high, and Ripple is ready to challenge SEC Chair Gary Genslerâs stance on the crypto industry. The appeals courtâs upcoming hearings will likely be pivotal in shaping the future regulatory landscape for digital assets like XRP. đ
Do you think Ripple has what it takes to win this fight and redefine crypto regulations? Let me know your thoughts below! đŁïžđ
#Xrpđ„đ„ #SEC #Rippleđ° #Debate2024 #CryptoRegulationBattle
The Clash Continues: Rippleâs Chief Legal Officer, Stuart Alderoty, took to X (formerly Twitter) to call out the SECâs move, stating, âThe SEC lost on all key pointsâthatâs why they appealed.â He confirmed that Rippleâs cross-appeal will ensure all issues, including whether XRP can be classified as an investment contract, are properly addressed. Rippleâs stance is clear: XRP doesnât meet the criteria to be classified as a security, especially when sold programmatically or on exchanges. đ
Judge Torresâs July ruling, which Ripple now seeks to reinforce, declared that Rippleâs retail sales of XRP did not violate securities laws. Alderoty emphasized that the SEC itself has argued that XRP, the asset itself, isnât a security. Rippleâs legal team is determined to settle this once and for all. đđ„
Crypto Community Rallies: Rippleâs bold move has sparked cheers across the crypto world, with industry leaders calling for pro-innovation lawmakers to step up and support Ripple by filing amicus briefs. The stakes are high, and Ripple is ready to challenge SEC Chair Gary Genslerâs stance on the crypto industry. The appeals courtâs upcoming hearings will likely be pivotal in shaping the future regulatory landscape for digital assets like XRP. đ
Do you think Ripple has what it takes to win this fight and redefine crypto regulations? Let me know your thoughts below! đŁïžđ
#Xrpđ„đ„ #SEC #Rippleđ° #Debate2024 #CryptoRegulationBattle
Cryptocurrency exchanges operating on Indonesian soil will be required to register with the recently established national bourse for crypto assets. This move is geared toward monitoring asset liquidity and recording crypto transactions.
#CryptoRegulationUpdate #CryptoRegulationBattle #Cryptocurrency.traders #CryptoNewsđđ°đ«
#CryptoRegulationUpdate #CryptoRegulationBattle #Cryptocurrency.traders #CryptoNewsđđ°đ«
đš Legal Clash Update đš
đą In the ongoing battle between Coinbase and the SEC, pro-XRP lawyer John Deaton accuses SEC Chair Gary Gensler of gaslighting the public, highlighting disagreements on crypto regulation.
The SEC's rejection of Coinbase's rulemaking petition raises questions about applying existing securities laws to cryptocurrencies and the commission's priorities.
Deaton points out Gensler's flip-flop on crypto's uniqueness, calling it a political move with ties to Senator Elizabeth Warren.
The SEC's mixed signals, coupled with legal disputes with Coinbase, Binance and Grayscale Investment add complexity to the regulatory landscape.
Stay tuned for further developments!
#CryptoRegulationBattle #SEC #coinbase #Cryptocurrency #Binance
đą In the ongoing battle between Coinbase and the SEC, pro-XRP lawyer John Deaton accuses SEC Chair Gary Gensler of gaslighting the public, highlighting disagreements on crypto regulation.
The SEC's rejection of Coinbase's rulemaking petition raises questions about applying existing securities laws to cryptocurrencies and the commission's priorities.
Deaton points out Gensler's flip-flop on crypto's uniqueness, calling it a political move with ties to Senator Elizabeth Warren.
The SEC's mixed signals, coupled with legal disputes with Coinbase, Binance and Grayscale Investment add complexity to the regulatory landscape.
Stay tuned for further developments!
#CryptoRegulationBattle #SEC #coinbase #Cryptocurrency #Binance
SEC rejects Binance's motion to dismiss lawsuit, deeming it absurd and an attempt to avoid responsibility đ«đ SEC accuses Binance of ignoring regulatory approval for Binance US and alleges most assets on its platform are treated as securities đ€ #BitcoinWorld #CryptoRegulationBattle
đš XRP vs. SEC: A Landmark Legal Battle Nears Resolution đš
Ripple Labs and its digital asset XRP have been at the center of a high-stakes legal battle with the U.S. SEC since December 2020. The SECâs lawsuit accused Ripple of conducting unregistered securities offerings worth over $1.3 billion, claiming XRP was a security rather than a currency. This case sent shockwaves through the crypto world, causing XRP to plummet in value and prompting major exchanges to delist the token.
Fast forward to 2024, and the tides seem to be turning. Rippleâs CEO has hinted at a possible resolution, sparking renewed optimism among XRP investors. Recent developments, including the launch of indices and reference rates for XRP by CME and CF Benchmarks, have further boosted market confidence. As XRP slowly regains its footing, this case could set a crucial precedent for how cryptocurrencies are regulated in the U.S.
The next year will be pivotal. Will a favorable outcome for Ripple redefine crypto regulations, or will it impose stricter controls? One thing is certainâthis case is far from just about Ripple; itâs about the future of the entire crypto industry. Stay tuned! đđŒ #XRPGoal #PowellAtJacksonHole Ripple #CryptoRegulationBattle #SEC #CryptoMarketMoves Blockchain
Watch this space for more updates on this evolving story!
Ripple Labs and its digital asset XRP have been at the center of a high-stakes legal battle with the U.S. SEC since December 2020. The SECâs lawsuit accused Ripple of conducting unregistered securities offerings worth over $1.3 billion, claiming XRP was a security rather than a currency. This case sent shockwaves through the crypto world, causing XRP to plummet in value and prompting major exchanges to delist the token.
Fast forward to 2024, and the tides seem to be turning. Rippleâs CEO has hinted at a possible resolution, sparking renewed optimism among XRP investors. Recent developments, including the launch of indices and reference rates for XRP by CME and CF Benchmarks, have further boosted market confidence. As XRP slowly regains its footing, this case could set a crucial precedent for how cryptocurrencies are regulated in the U.S.
The next year will be pivotal. Will a favorable outcome for Ripple redefine crypto regulations, or will it impose stricter controls? One thing is certainâthis case is far from just about Ripple; itâs about the future of the entire crypto industry. Stay tuned! đđŒ #XRPGoal #PowellAtJacksonHole Ripple #CryptoRegulationBattle #SEC #CryptoMarketMoves Blockchain
Watch this space for more updates on this evolving story!
"Ripple CTO Deciphers Securities Law, Asserts Howey Factor Not a Definitive Requirement!"
In a tweet today, Ripple CTO David Schwartz provides clarity on U.S. securities laws, emphasizing that no Howey factor is an absolute requirement.  Â
Read more on: https://thecryptobasic.com/2023/11/29/ripple-cto-comments-on-us-securities-law-says-no-howey-factor-is-an-absolute-requirement/
#Crypto #CryptoMovement #cryptoregulation #CryptoRegulationBattle #CryptoNewsđđ°đ«
Read more on: https://thecryptobasic.com/2023/11/29/ripple-cto-comments-on-us-securities-law-says-no-howey-factor-is-an-absolute-requirement/
#Crypto #CryptoMovement #cryptoregulation #CryptoRegulationBattle #CryptoNewsđđ°đ«
"Ripple CEO Responds to Ex-SEC Chair's Controversial Comments with Vigor"
Brad Garlinghouse expressed shock in response to comments by former SEC chair Jay Clay regarding the current state of crypto regulation.
Read more on: https://thecryptobasic.com/2023/11/27/ex-sec-chair-criticized-expert-claims-damage-to-xrp-ripple-ceo-responds-to-claytons-fresh-comment/
#Ripple-XRP #RippleCEO #Crypto #CryptoRegulationBattle #CryptoNewsđđ°đ«
Read more on: https://thecryptobasic.com/2023/11/27/ex-sec-chair-criticized-expert-claims-damage-to-xrp-ripple-ceo-responds-to-claytons-fresh-comment/
#Ripple-XRP #RippleCEO #Crypto #CryptoRegulationBattle #CryptoNewsđđ°đ«
SEVERAL COUNTRIES HAVE PREPARATION OF CRYPTO REGULATIONS. When INDIA ?
#binanceindia #BinanceXAI #BinanceMissions #CryptoRegulationBattle #BitcoinETFđ°đ°đ°
#binanceindia #BinanceXAI #BinanceMissions #CryptoRegulationBattle #BitcoinETFđ°đ°đ°
Ripple vs. SEC: A Saga of Regulation and Innovation
The ongoing legal battle between Ripple and the SEC continues to shape the regulatory landscape for cryptocurrencies. This post examines the arguments on both sides, the potential impact on XRP and the wider industry, and the broader questions raised about innovation and regulation in the digital age. Join the discussion! #CryptoRegulationBattle #legalbattles #XRP
The ongoing legal battle between Ripple and the SEC continues to shape the regulatory landscape for cryptocurrencies. This post examines the arguments on both sides, the potential impact on XRP and the wider industry, and the broader questions raised about innovation and regulation in the digital age. Join the discussion! #CryptoRegulationBattle #legalbattles #XRP