It might be useful to get up to date as this could be the end of the road for the SEC.
Search Query: #ripple
“The recordings are hosted on two video platforms and are subject to those platforms’ terms of service, which based on the Defendants’ due diligence prohibit end users from downloading their own copies without prior consent.”
“Time for the industry to lock arms and defend this overreach together.”
“Judge Torres’ decision is extremely fair and just (even though she technically denied my immediate motion)”, John Deaton commented.
QNB Group, the biggest bank in Qatar and the largest financial institution in the Middle East, is joining RippleNet to tap its increasingly popular blockchain solution for cross-border payments and settlement.
Will the Judge allow the SEC to extend the issue further? Or will she put an end to the never-ending Hinman saga?
Beyond financial inclusion, many respondents believe CBDCs will deliver enhanced national competitiveness (44%), greater efficiencies within their payment systems (43%), and advance innovation more broadly (42%).
“Will you do anything about it?”
Roxe has launched a set of DeFi liquidity pools to enable cross-border payments at wholesale FX rates. The Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools combines the real-time Bid and Ask FX rates from financial institutions. The B2B FX rates free up any capital held by current partners in nostro […]
It remains to be seen whether the SEC will make a new attempt to avoid producing the documents, but the court seems increasingly unwilling to hear them out.
“Considering Congress is not going to provide regulatory clarity […] the ruling by Judge Torres in the SDNY will decide whether the SEC has jurisdiction over the existing altcoins that have traded for years.”
Defendants do not object to the motion provided that they be allowed the same page limit for their response in opposition to the motion.
The outcome of the Veritaseum case could provide guidance to XRP holders looking for answers about what will happen to their assets.
“The major questions doctrine holds that courts generally should not defer to agency statutory interpretations that concern questions of “vast economic or political significance.”
Finance Feeds will be ready to cover the “biggest decision in the XRP lawsuit 2.0” and the reactions to it.
Ripple, the San Francisco-based fintech company, continues to consider alternative locations for its business amid ongoing regulatory woes in the US over its cryptocurrency.
Digital wallet users can move from cash to cryptocurrency, to cash again, without requiring a bank account or credit card.
By wanting to have it both ways, the SEC has inadvertently put the Hinman speech back into play as “market guidance”, which puts it back into relevance as official guidance as to whether XRP is a security and back into play as to the fair notice defence.
Judge Sarah Netburn confronted the SEC for its inconsistent positions in regard to the infamous Hinman’s 2018 speech and questioned the plaintiff’s motive.