U. S government to release executive crackdown order on cryptocurrencies
According to reports, the U.S government is considering a regulatory crypto crackdown as bitcoin and cryptocurrency prices rise across the board. Last month, the price of bitcoin increased by 20%, resulting in a gain of over $10,000 per bitcoin. Ethereum, cardano, Binance’s BNB, Ripple’s XRP, solana, and dogecoin have all risen in tandem with bitcoin’s […]
Ripple board member says XRP is for payments while other cryptos are for speculation
A former US Treasurer and current Ripple board member has expressed support for XRP amid the current legal struggle between Ripple and US securities regulators. Rosa Rios, a former Treasurer who joined Ripple’s board of directors in May 2021, came to Twitter on Sunday to reaffirm her belief in XRP while attacking rival cryptocurrencies like […]
Former US Treasury Secretary lauds XRP while dismissing other cryptocurrencies
Rosie Rios, the former United States Treasurer, recently posted a tweet praising the utility of XRP. Rios claims in her tweet that the Ripple-affiliated digital currency is used for cross-border payments, which she believes distinguishes it from other digital currencies that are primarily used for speculation. The former Treasury Secretary, whose name is on billions […]
Ripple vs. SEC: CEO Brad Garlinghouse cleared the only stumbling block to a settlement with the SEC
The XRP litigation is currently in a critical stage, and Ripple’s legal counsel is relying on a speech given by former SEC director William Hinman in 2018. The Ripple versus SEC litigation is nearing its conclusion, and with settlement speculation still strong, Ripple CEO Brad Garlinghouse cleared the only criterion that would have forced the company to settle with the SEC: the SEC’s approval. Garlinghouse spoke on the Fox network to discuss the need for clarity on security rules from the […]
SEC denies Ripple’s request for documents on ‘trading policies governing digital assets’
Despite what appeared to be an apparent victory for the SEC, Ripple’s request for records detailing the watchdogs’ “trading policies governing digital assets” was denied by Judge Sarah Netburn. It was stated in the ruling provided by attorney James K. Filan that the defendants were not permitted to obtain access to documents that would prove […]