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Legal Experts Weigh in on Ripple's Partial Victory in SEC Court Fight Over XRP

Ripple scored a partial win in its fight with the U.S. Securities and Exchange Commission (SEC) after a court ruling that brought a little bit of regulatory clarity for the crypto industry. Willkie Farr & Gallagher LLP Counsel Michael Selig along with INX advisor and former SEC attorney Alex Damsker share their respective insights into the legal judgement. Plus, their thoughts on bail for former Celsius CEO Alex Mashinsky being set at $40 million by a judge after he was arrested Thursday on charges of fraud.

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Bitcoin Breaks Above $31K as XRP Ruling Bolsters Optimism

Bitcoin (BTC), XRP, and most other major cryptocurrencies are rallying Friday on the news of a judge ruling that the sale of Ripple's XRP tokens on exchanges and through algorithms did not violate federal securities laws. CoinRoutes CEO and co-founder Dave Weisberger discusses the impact of the XRP ruling on the crypto markets.

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Markets

Nagpapasya ang XRP sa isang 'Landmark' na Paghuhukom, Pinapahina ang Paninindigan ng SEC Laban sa Crypto: Bernstein

Ang desisyon ng korte ay nagpapahina sa paninindigan ng SEC na malinaw ang securities law at walang hiwalay na kalinawan ang kinakailangan para sa mga digital asset, sabi ng ulat.

The U.S. court's ruling on XRP is a blow to the SEC's stance of crypto being considered a security, Bernstein says. (the_burtons/Getty)

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Ripple Scores Partial Victory in SEC Court Fight Over XRP; Ex-Celsius CEO Alex Mashinsky Is Arrested

“CoinDesk Daily” host Jennifer Sanasie breaks down an eventful day for the crypto industry, as Alex Mashinsky, former CEO of the insolvent crypto lender Celsius, is arrested and accused of orchestrating a "years long scheme to mislead customers" by the Department of Justice. Plus, Ripple’s XRP token rallies over 50% after a U.S. judge ruled the sale of XRP tokens on exchanges did not constitute investment contracts.

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Ang XRP Token ng Ripple ay Lumakas ng 96% Pagkatapos ng Bahagyang Tagumpay sa SEC Lawsuit

Ang XRP ay umakyat ng hanggang 93 cents sa ONE punto, ang pinakamataas na antas nito mula noong Marso 2022.

XRP 24-hour chart (CoinDesk Indices)

Policy

Ripple, Crypto Industry Score Bahagyang WIN sa SEC Court Labanan ang XRP

Ang mga institusyong benta ng mga token ay lumabag sa mga batas ng pederal na securities, ngunit ang mga programmatic na benta ay hindi, pinasiyahan ng korte.

Ripple CEO Brad Garlinghouse (Danny Nelson/CoinDesk)

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UAE Welcomes Digital Assets as Ripple Wins in Singapore

Blockchain firm Ripple announced that it has obtained in-principle approval for a Major Payments Institution License from the Monetary Authority of Singapore (MAS), the nation’s central bank and regulator. Host Megha Chaddah discusses the latest expansion of the firm and the state of crypto in the UAE. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

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Policy

Nakuha ng Ripple ang In-Principle Approval para sa Major Payments Institution License sa Singapore

Ang mga awtoridad sa Singapore ay nagbigay ng 190 Major Payment Institution Licenses, na may 11 na napupunta sa mga kumpanya ng Digital Payment Token.

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Policy

Ang Paglabas ng Mga Dokumento ng Hinman sa SEC-Ripple Case ay Isang Pagpapalakas sa Ether: JPMorgan

Ang mga dokumento ay malamang na patindihin ang paglipat sa mga pangunahing cryptocurrencies upang maging mas desentralisado at mas magmukhang eter, sinabi ng ulat.

William Hinman

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Ripple's Legal Chief on Why SEC Case is Important for the Crypto Industry

Ripple Chief Legal Officer, Stuart Alderoty, affirms their commitment to the defense of the entire U.S. crypto industry amid the ongoing SEC lawsuit in a recent 'State of Crypto' discussion. Alderoty asserts, "We've actually been benefited by the SEC suing us when they did," highlighting how this case has catalyzed industry-wide understanding and solidarity concerning regulatory issues.

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