Latest in Crypto Regulation: Ripple's Legal Victory Against the SEC May Pave Way for Stablecoin Defense

Quick Summary:

Securities and Exchange Commission’s arguments in the much-awaited reply in support of its motion for remedies and final judgment turned out to be weak.

The SEC asked the court to enter the requested injunctions based on assumptions of violation by Ripple in the future.

Pro-XRP lawyers contend the judge will accept Fox Declaration give some expert evidence and ask Ripple’s lawyers to depose her.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: India

Topics: XRP 24/7 Cryptocurrency News Ripple vs SEC News Altcoin News Xrp Lawsuit

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-10 @ 06:35:20 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20926378

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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