XRP

XRP Gains Traction as Companies Embrace It for Corporate Treasuries Post-SEC Victory

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San Francisco, California – The digital currency XRP is gaining attention once more, this time due to a noteworthy development involving corporate finance. Several companies have begun to include XRP in their treasury holdings, an indicator of the asset’s growing legitimacy in the financial sector. This new phase for XRP follows the recent conclusion of a protracted legal battle between Ripple Labs, the parent company of XRP, and the U.S. Securities and Exchange Commission (SEC). With the resolution of this lawsuit, XRP has gained much-needed regulatory clarity, allowing firms to regard it as a viable … Read more

Legal Insights: Two Key Reasons Behind Judge’s Denial of Ripple and SEC Motions in XRP Case

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A federal judge recently issued a decision that denied motions from both Ripple Labs and the U.S. Securities and Exchange Commission in an ongoing legal case regarding the cryptocurrency XRP. The ruling, which has captured the attention of the financial and tech sectors, highlights critical issues surrounding the regulatory landscape of digital assets. Legal experts indicate that the ruling involves two main arguments that may have influenced the judge’s decision. The first centers around the classification of XRP and whether it should be deemed a security under U.S. law. Ripple has maintained that XRP functions … Read more

Ripple and SEC Aim for Resolution in XRP Case: Legal Expert Predicts 70% Chance of Judge’s Approval

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NEW YORK — Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have moved closer to a resolution in their ongoing legal battle over the cryptocurrency XRP. Both parties are working to end the dispute that has drawn significant attention from the crypto community and financial regulators alike. As negotiations unfold, a legal expert suggests there’s a favorable possibility, estimating a 70% chance that a judge will endorse the parties’ request to settle the issue. This development comes after nearly two years of intense scrutiny and legal wrangling concerning the classification of XRP as … Read more

Oregon Attorney General Sues Coinbase, Claims XRP Among Other Cryptos Are Unregistered Securities

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Salem, Oregon – In a significant move signaling increased state-level scrutiny of cryptocurrency operations, Oregon’s Attorney General Dan Rayfield has initiated a lawsuit against the major crypto exchange Coinbase, alleging that the platform has been trading digital assets that are effectively unregistered securities. This lawsuit was filed over concerns that such practices violate Oregon’s securities laws. The legal action highlights a proactive stance taken by state authorities amid what is perceived as a lessened federal focus during the previous administration. The Oregon Department of Justice, announcing the lawsuit on April 18, indicated it as a … Read more