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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

XRP виносить «стандартне» рішення, послаблює позицію SEC проти Крипто: Бернштейн

Рішення суду послаблює позицію SEC про те, що закон про цінні папери є чітким і не вимагає окремої чіткості для цифрових активів, йдеться у звіті.

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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Markets

Токен Ripple XRP зріс на 96% після часткової перемоги в судовому процесі SEC

В ONE момент XRP піднявся до 93 центів, що є найвищим рівнем з березня 2022 року.

XRP 24-hour chart (CoinDesk Indices)

Policy

Ripple і Крипто отримали часткову WIN в суді SEC за XRP

Суд постановив, що інституційні продажі токенів порушують федеральні закони про цінні папери, але програмні продажі – ні.

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."

Forkast IQ

Policy

Ripple отримує принципове схвалення ліцензії основної платіжної установи в Сінгапурі

Влада Сінгапуру видала 190 ліцензій великим платіжним установам, 11 з яких отримали компанії цифрових платіжних токенів.

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

Policy

Публікація документів Hinman у справі SEC-Ripple є поштовхом для Ether: JPMorgan

Документи, ймовірно, посилять рух основних криптовалют до більшої децентралізації та більшої схожості на ефір, йдеться у звіті.

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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