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CATEGORY: ripple ruling

Decoding Ripple’s Ruling: A Potential Tsunami for the SEC
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 25, 2023 05:55

Decoding Ripple’s Ruling: A Potential Tsunami for the SEC

In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that has sparked a ripple, pun intended, in the crypto space, potentially creating waves [...]

The post Decoding Ripple’s Ruling: A Potential Tsunami for the SEC appeared first on Crypto Breaking News.

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SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 23, 2023 05:50

SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal

The U.S. Securities and Exchange Commission (SEC) has told a federal court that some portions of the Ripple ruling regarding XRP “were wrongly decided.” The regulator has asked the court to ignore parts of the ruling, noting that “SEC staff is considering the various available avenues for further review and intends to recommend that the [...]

The post SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal appeared first on Crypto Breaking News.

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SEC ‘Disappointed’ With XRP Ruling on Retail Investors — Chair Gensler Hints at More Crypto Industry Enforcement
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 18, 2023 05:50

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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Former SEC Official Warns of Reversal in SEC v Ripple Ruling on XRP — Says ‘the Decision Resides on Shaky Ground’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 17, 2023 05:50

Former SEC Official Warns of Reversal in SEC v Ripple Ruling on XRP — Says ‘the Decision Resides on Shaky Ground’

The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that the ruling on the SEC v. Ripple case “resides on shaky ground” and will likely be reversed. “The Ripple decision grants to the institutional investor full SEC protection … However, the retail investor is not granted any SEC protection at all. [...]

The post Former SEC Official Warns of Reversal in SEC v Ripple Ruling on XRP — Says ‘the Decision Resides on Shaky Ground’ appeared first on Crypto Breaking News.

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US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 16, 2023 05:50

US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP

Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only harms investors and creates uncertainty,” said one lawmaker. US Lawmakers Call on Congress [...]

The post US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP appeared first on Crypto Breaking News.

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US District Judge Rejects Approach in SEC v Ripple Ruling on XRP
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 02, 2023 05:50

US District Judge Rejects Approach in SEC v Ripple Ruling on XRP

A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,” explained the district judge presiding over the SEC v. Terraform Labs case. Judge Rakoff Rejects Approach in [...]

The post US District Judge Rejects Approach in SEC v Ripple Ruling on XRP appeared first on Crypto Breaking News.

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