Speculation surrounds a potential Ripple-SEC settlement following a recent SEC meeting. Ripple's legal chief remains confident, but a resolution is uncertain. The outcome holds significant implications for Ripple and the broader crypto industry.
SanyaDespite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
AlexAmidst operational wind-down, Silvergate CEO and CLO have resigned with the CFO to follow suit on 30 September. Their exit does not entail further compensation, but they are set to receive specific severance benefits.
CatherineLegal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
BeincryptoAccording to Paul Grewal, the move could change the definition of an exchange and how digital assets are regulated.
Others
Coinlive The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
FinboldIf the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
FinboldThe Securities and Exchange Commission (SEC) has been extensively criticized for its regulatory stance in the crypto sector.
FinboldAccording to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue.
Cointelegraph