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The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m. ET. XRP is surging today due to the arrival of a key deadline in a legal case brought by the Securities and ...
That was good news for XRP investors. The SEC is appealing the decision, but investors are betting this long-running regulatory feud will be squashed completely when Trump's SEC pick takes office ...
The filing deadline for the SEC's appeals brief could be a significant near-term pricing catalyst for XRP. While the SEC has yet to file the brief, there's still a good chance that it will submit ...
In 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple, because the regulator believed the XRP token should be classified as a financial security (like a stock or a bond), which ...
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".
In February 2023, the SEC ruled that cryptocurrency exchange Kraken's estimated $42 billion in staked assets globally operated as an illegal securities seller. The company agreed to a $30 million settlement with the SEC and to cease selling its staking service in the US. The case would impact other major crypto exchanges operating staking programs.
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 price of Bitcoin has surged since election night and briefly flirted with $100,000. Investors are bullish on a better regulatory environment under President-elect Donald Trump, as well as a ...