What happened in crypto this week

It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder donating $10 million in XRP to Kamala Harris’ US election campaign to the Pennsylvania House passing a bipartisan Bitcoin bill. Let’s take a closer look at these and give you a recap on what happened this…

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Ripple co-founder donates $10M in XRP to Harris’ campaign, calls for “new approach” to crypto

Chris Larsen donated $9.9 million to PAC Future Forward and $800,000 to the Harris Victory Fund Larsen is one of the crypto industry’s biggest donors in the 2024 election campaign Brad Garlinghouse said that Ripple will continue to talk with Democrats and Republicans during and after the election campaign Chris Larsen, co-founder and executive chair…

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2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal

Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple’s Fair Notice defense remains solid. The Ripple legal chief also reaffirmed XRP’s non-security status despite the appeal. 2 Outcomes: Ripple’s Stuart…

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SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?

The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a…

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Ripple Exec Chris Larsen Endorses Kamala Harris in President Election

Ripple’s executives showcase dual political support, backing both Kamala Harris and Donald Trump in the 2024 election. Stuart Alderoty donated $300,000 worth of XRP to Donald Trump’s 2024 campaign, highlighting diverse political affiliations within Ripple. Chris Larsen, Ripple’s co-founder, has officially endorsed Vice President Kamala Harris in her campaign for the 2024 US presidential election….

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Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S. Securities and Exchange Commission (SEC)…

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