Tags : SECs

Regulation

Ripple catches another break as court allows access to SEC’s

Ripple Labs’ request to access the US Securities and Exchange Commission’s (SEC) non-public policies regarding agency employees buying and selling XRP and other cryptocurrencies was granted by the appointed judge, according to XRP holders’ legal representative. Meanwhile, Ripple’s lawyer claims the SEC intends to file a motion and quash the company’s deposition subpoena served on […]Read More

Regulation

“You’d have to shut down the Internet” to ban Bitcoin,

Any of the government’s efforts to ban Bitcoin would be “foolish,” said Hester Peirce (aka “Crypto Mom”), a very Bitcoin-friendly commissioner at the U.S. Securities and Exchange Commission (SEC), during a MarketWatch virtual conference earlier this week. “I think we were past that point very early on because you’d have to shut down the Internet,” […]Read More

Regulation

Crypto exchanges can safely list XRP, reportedly implies SEC’s lawyer

The US Securities and Exchange Commission’s (SEC) lawyers have indirectly stated that cryptocurrency exchanges are not violating any guidelines by allowing Ripple’s XRP trading on their platforms, attorney Jeremy Hogan revealed yesterday. During a court hearing that Hogan attended, Magistrate Judge Sarah Netburn made a remark to the SEC’s attorney that, based upon his theory, […]Read More

Cryptocurrency

XRP price spikes as Ripple pushes back against SEC’s $1.3

The price of now-embattled cryptocurrency XRP surged by up to 86%—just a day after Ripple Labs filed its response to the U.S. Securities and Exchange Commission’s (SEC) $1.3 billion lawsuit hanging over the company’s head. At press time, XRP was trading at around $0.47 per token, up 55.1% on the day. Simultaneously, the crypto’s price […]Read More

Market

First Mover: XRP Plunges 20% as Traders Assess SEC’s Ripple

Bitcoin (BTC) was little changed, with prices appearing unable to hold levels above $24,000.  “Bitcoin has moved vertically for a few weeks now and pullbacks will happen,” the Norwegian cryptocurrency-analysis firm Arcane Research wrote Tuesday in a weekly report.  The bigger story Wednesday in digital-asset markets was the steep plunge in prices for the payments token XRP […]Read More