Cryptocurrencies have rallied in part this week on expectations that Donald Trump will be more amiable to the sector if he wins the US presidential election. The SEC could withdraw its appeal against rulings in the Ripple case if Trump wins the election. However, a Kamala Harris win may also lead to a new SEC Chair, with reports suggesting the US... New York CNN — The crypto industry notched a crucial win in its battle with regulators Thursday when a judge ruled that Ripple Labs did not violate federal securities law by offering its XRP... Last week, a New York judge delivered a watershed ruling for Ripple determining that XRP, a cryptocurrency Ripple is closely associated with, in itself was "not necessarily a security on its... Three days before Christmas 2020, the US Securities and Exchange Commission charged Ripple, a company based in San Francisco that provides the infrastructure for cross-border payments, and two of... District Judge Analisa Torres ruled in July 2023 that Ripple's programmatic sales of XRP to exchanges, which in turn sold the token to retail customers, did not violate federal securities laws. Ripple Labs has been ordered by a Manhattan court judge to pay the U.S. Securities and Exchange Commission about $125 million in penalties over charges of improperly selling the cryptocurrency... The Ripple vs SEC case has significantly weighed down the XRP bullish sentiments in the past few years. The XRP community is hoping for a Donald Trump win to end the constant torment by the SEC ... The cryptocurrency industry secured an early victory in its court battle with U.S. regulators when a federal judge ruled on Thursday that the sale on public exchanges of a digital asset called XRP...
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