The US Securities and Exchange Commission plans to appeal a recent court decision involving Ripple Labs that was a setback for the agency’s efforts to oversee cryptocurrency markets. In a letter on Wednesday, the SEC asked US District Judge Analisa Torres in Manhattan to let a federal appeals court review…
Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges, a US judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring. XRP was up 75 percent by late afternoon on Thursday, according to Refinitiv…
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