In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority over crypto markets. The appeal targets a July 2023 decision by US District Judge Analisa Torres, which determined…
David Schwartz, Ripple’s CTO, has recently criticized the Federal Reserve for imposing sanctions on United Texas Bank. Schwartz voiced his opposition to the central bank’s decision, stating that this is an unjust way to deal with situations relating to crypto companies. He made these remarks amid mounting pressure on the cryptocurrency industry from the U.S….
Ripple’s native cryptocurrency XRP has been showing strong price action recently with another attempt on Saturday to breach past the crucial resistance of $0.65. However, the XRP price sees some rejection there forming another base at $0.60 levels. This is the third time that cypto is seeing rejection at $0.56 within a months time, however,…