SEC Urges Court to Grant Ripple Labs’ Appeal, Citing Complex Legal Issues

The Ripple Labs lawsuit resulted in a decision that XRP was not a security when marketed to retail investors.

The Ripple Labs lawsuit resulted in a decision that XRP was not a security when marketed to retail investors.

Key Takeaways A jolt in the world of digital currencies as Jay Hunter Anson, Director of the Digital Residency Office at the Palau Ministry of Finance, made an unforeseen announcement on social media. The Ripple-based Palau Stablecoin (PSC) pilot program,…

In its complaint against the US SEC, lawyers for Ripple have argued that the authority hasn't satisfied the prerequisites to ask for an appeal.

Key Takeaways In a recent development within the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple’s legal team has contested the SEC’s motion for leave to file an interlocutory appeal. An interlocutory appeal…

The US SEC has filed an appeal in response to a court ruling in its action against Ripple Labs.

A particular security measure known as "asset protection" has drawn criticism from certain users since it supposedly permits the freezing and deletion of a person's balance.

key takeaways: The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc., the company behind the cryptocurrency XRP, recently saw a notable development. SEC Chair Gary Gensler has expressed his disappointment with a specific…

Key takeaways: The recent legal victory of Ripple, the blockchain-based payment protocol, has undoubtedly been a significant milestone for the company. However, amidst the celebrations and positive sentiment, industry experts and Ripple’s own CTO, David Schwartz, have raised concerns about…

XRP's circulating market cap experienced a quarter-on-quarter decline of 10.7%, dropping from $27.8 billion to $24.8 billion

The license allows Ripple to offer regulated digital payment token products and scale its customers' use of its crypto-enabled ODL platform.