![]() ![]() government will look at categorizing crypto assets and regulating them,” said Long. “The implications for the case are very broad-reaching for the crypto industry because we expect that this decision will ultimately set a precedent for how the U.S.Securities and Exchange Commission for allegedly selling US$1.3 billion in unregistered securities. Ripple Labs is fighting its own legal battle against the U.S.We see the innovation leaving American shores,” said Long. Check bitcoin price as you create price and volume alerts to grab your attention. Ripple funded the development of the open-source XRP Ledger. Watch your portfolio and 2,000 crypto markets across multiple exchanges. Right now, it’s a bleak picture for the U.S. Track the latest XRP price, market cap, trading volume, news and more with CoinGeckos live. to embrace this innovation and make it work within their regulatory systems so that we’re protecting consumers but allowing innovation to thrive. may likely face challenges in finding local banking partners after the collapse of Silvergate Bank, Silicon Valley Bank and Signature Bank, three major crypto-focused banks in the country. Watch the explainer video series to learn more about the XRP Ledger Is XRPL a private blockchain, owned by Ripple No, the XRP Ledger is a decentralized. “You juxtapose this with what’s happening in the United States, where the government can’t get their act together in terms of deciding how they’re going to regulate the industry,” said Long.Long also commended the European nations for working on its common regulatory framework called Markets in Crypto Assets, which is scheduled for a final vote in Parliament on April 19.“You see lots of countries in Asia like Singapore or Japan really showing leadership in providing clarity around how they’re going to regulate crypto,” said Long, adding that she is positive about the direction of Asian crypto regulations.See related article: Centralized intermediaries were cause of crypto failures in 2022, says Voorhees Fast facts Ripple’s XRP is surging for a few days in a row now, while Bitcoin’s price managed to reclaim 28K and even soar beyond it. The cryptocurrency market is recovering the losses induced by the CFTC lawsuit against Binance and CZ. XRP is a digital asset created by Ripple Labs, a technology company that focuses on streamlining global payments for businesses and solving inefficiencies. happen realistically given the impact and timing of key ripple effects. President Monica Long in an exclusive interview with Forkast. Bitcoin deleted the losses caused by the CFTC lawsuit against Binance while Ripple’s XRP dominates the market. The baseline assessment ( at T - 0 ) mea- sured the market rhythm of the case. ![]() regulators should also take note of, said Ripple Labs Inc. Countries in the Asia-Pacific region are leading the way in developing global cryptocurrency regulations that favor innovation, which U.S. ![]()
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