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The SEC lawsuit has been an overhang on XRP's price until recently. It looks more likely the case will soon end once and for all. All cryptocurrencies face a more favorable regulatory backdrop ...
The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
The SEC was abolished during the Japanese occupation of the Philippines and was replaced with the Philippine Executive Commission. It was reactivated later in 1947 with the restoration of the Commonwealth Government. Due to the changes in the business environment, then President Ferdinand E. Marcos reorganized the SEC on September 29, 1975.
The good news is that things look bright for XRP. It successfully overcame a lawsuit from the Securities and Exchange Commission in July 2023 and recently unveiled plans to launch a new stablecoin ...
Back in late December, when I last discussed XRP (XRP-USD), I took a cautious view on the crypto. In my article, I talked about how there was upside potential if its developer, Ripple Labs, beat ...
The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
However, Ripple’s, and thus XRP’s, future success could hinge on the ongoing lawsuit by the SEC. Daria Uhlig contributed to the reporting for this article. Data is accurate as of Dec. 13, 2022 ...
XRP is on the move today, testing resistance levels early. Uncertainty over the outcome of the SEC v Ripple case remains, however, ahead of a key ruling.