Crypto Flipsider News – Ripple Case UPDATE, BoA Launches Crypto Research, NFT Sales Jump, India’s Crypto Growth, Swiss Post Launches First Crypto Stamp

Read Tuesday's breaking news in the daily digest!

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SEC ‘Disappointed’ With XRP Ruling on Retail Investors — Chair Gensler Hints at More Crypto Industry Enforcement

U.S. Securities and Exchange Commission Chairman Gary Gensler has stated that the regulator is “disappointed” with the SEC v. Ripple ruling on XRP regarding retail investors. “We are still looking at it and assessing that opinion,” he affirmed. Gensler also reiterated the SEC’s commitment to enforcing regulations on the crypto industry and ensuring compliance among [...]

The post SEC ‘Disappointed’ With XRP Ruling on Retail Investors — Chair Gensler Hints at More Crypto Industry Enforcement appeared first on Crypto Breaking News.

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‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal

As the United States Securities and Exchange Commission (SEC) seeks an interlocutory appeal in its case against Ripple Labs, lawyers working in the crypto space expressed confidence in Ripple’s case, with some underscoring that the XRP (XRP) token is not a security.  On Aug. 9, the SEC sent a letter to Judge Analisa Torres stating [...]

The post ‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal appeared first on Crypto Breaking News.

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SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies

The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If the SEC wins the appeal on sales, then Ripple couldn’t use exchanges to facilitate sales.” [...]

The post SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies appeared first on Crypto Breaking News.

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Ripples Battle Intensifies: SEC Appeals Court Decision

The U.S. Securities and Exchange Commission (SEC) has appealed the decision made by the U.S. Second Circuit Court of Appeals regarding the high-profile Ripple case. The commission argues that the district court’s decision runs contrary to long-standing Supreme Court precedent and securities laws. That tug-of-war between the SEC and Ripple has been ongoing, and it […]

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SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings

The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator’s motion will “seek to stay the district court proceedings.” SEC Seeks to Appeal Ruling in Ripple-XRP Case The U.S. [...]

The post SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings appeared first on Crypto Breaking News.

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Ripple case: Pro-XRP lawyer tips outright SEC victory at ‘less than 3%’

Pro-XRP lawyer John Deaton has tipped less than a 3% chance for the United States Securities and Exchange Commission to score an outright win against Ripple, as an end to the long-running lawsuit draws closer. The CryptoLaw founder has been a vocal advocate for Ripple against the SEC, which filed a lawsuit against the company [...]

The post Ripple case: Pro-XRP lawyer tips outright SEC victory at ‘less than 3%’ appeared first on Crypto Breaking News.

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