Posts

Showing posts with the label cryptocurrency regulation

Will XRP Be Affected by the SEC-Ripple Lawsuit?

Image
The SEC-Ripple lawsuit saw new developments over the last few days. Judge Analisa Torres has denied the fintech company and the SEC’s joint motion for an indicative ruling. The motion aimed to reduce the fine to $50 million in the settlement. Judge Torres said that the March settlement should exempt Ripple from following the court’s permanent injunction. According to X user “Vet,” who is an XRPL dUNL validator, the lawsuit now only involves the fintech company and has nothing to do with XRP. Very important to mention. This is now a Ripple case. It has nothing to do with XRP. — Vet (@Vet_X0) June 26, 2025 Will XRP Rally Given The New Revelations? Source: Watcher.Guru One of the most substantial barriers to XRP’s price during the 2021 rally was the SEC-Ripple lawsuit. The lack of clarity significantly hindered investor confidence. If XRP is no longer a subject in the ongoing suit, the asset could rally if market conditions permit, despite Ripple being i...

Pro‑Crypto Paul Atkins Sworn in as New SEC Chair

Image
Paul Atkins , a former commissioner known for his market‑friendly and pro‑cryptocurrency views, was sworn in as the 34th chair of the United States Securities and Exchange Commission (SEC) in Washington on Monday, 21st of April. The appointment, confirmed by a 52–44 Senate vote on 9 April, hands the veteran Republican lawyer responsibility for overseeing the world’s largest capital market just as digital‑asset regulation reaches a turning point.​ NEW: The Committee congratulates @PaulSAtkins as he was sworn in as the next Chair of @SECGov. He will bring a common-sense approach to regulation and usher in an era of prosperity and innovation to make U.S. capital markets the envy of the world.https://t.co/7qJ1w78bkz — Financial Services GOP (@FinancialCmte) April 22, 2025 Immediate Priorities At the brief oath‑taking ceremony, Mr Atkins said the agency must “protect investors while allowing innovation to flourish”. According to senior staff, his first directive...