The Balance of Payments Manual has sparked controversy over XRP, as the IMF’s framework implies that some utility tokens may impose obligations on issuers. David Schwartz has rejected any implication that XRP should be classified as a security, emphasizing its primary function as a bridge currency for cross-border payments. Recent discussions within the cryptocurrency community…
Ripple may settle its SEC case for just $10–12 million, far less than the initial $125 million fine. With the SEC backing off its appeal, Ripple gains leverage and may retrieve escrowed funds and lift restrictions. Ripple‘s long-running legal saga with the SEC might be reaching a surprising conclusion — and one that will cost…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a significant win for Ripple Labs and XRP, the company has reached a settlement with the US Securities and Exchange Commission (SEC) that will effectively conclude their prolonged legal battle. Ending Prolonged Legal Battle As reported by Fox Journalist Eleanor Terret,…
Ripple suggested SEC to regulate assets strictly within the securities definition, adhering to existing statutory laws, and providing greater clarity. It criticized the previous SEC administration under Gary Gensler for creating confusion to mask its failure to uphold the law consistently. Ripple Labs, the leading blockchain company has initiated a dialogue with the U.S. Securities…
RLUSD’s circulating supply hit $160 million, showing rapid adoption across Ethereum and XRPL networks. Thousands of wallets now hold RLUSD, reflecting rising trust in Ripple’s expanding stablecoin ecosystem. Who would have thought that Ripple’s stablecoin, RLUSD, which was initially just part of a limited test, is now starting to steal the market’s attention. From what…
A popular XRP critic has predicted that the asset could record an explosive surge to trade above $20 this cycle. However, the XRP community has questioned his sudden u-turn after recently predicting that the asset would crash to zero. A renowned analyst known as Davinci Jeremie has predicted that XRP is on course for a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has submitted an official response to the US Securities and Exchange Commission (SEC) Crypto Task Force’s call for public input on regulatory clarity in the crypto industry. Legal representatives of the blockchain-based payment company responded to the Commission’s request titled “There…
The Crypto Justice Coalition, supported by over 76,000 XRP holders, aims to seek justice and restitution for the losses incurred due to the legal SEC battle. It asserted that XRP’s price could have reached $8-$10, equating to a $500 billion market cap, had the lawsuit not hindered its growth. Jimmy Vallee, founder and managing director…
Valhil Capital is demanding 500 billion dollars in compensation for XRP holders indirectly affected by the SEC’s Ripple lawsuit. The company claims that the value of XRP fell by 75% following the lawsuit and that the lost profit is a loss that must be compensated. Jimmy Vallee, founder and managing director of Valhil Capital, is…
Lawyer James Murphy suggests Ripple is prolonging negotiations to renegotiate aspects of the case, while attorney Fred Rispoli argues the SEC is responsible for delays. Both Murphy and Rispoli agree that the case is nearing its end, with Murphy predicting resolution before Ripple’s April 16 appeal deadline. The long-standing litigation war between Ripple and the…
