Ripple (CCC:XRP-USD) news continues to be a hot topic among crypto traders as it dukes it out with the U.S. Securities and Exchange Commission (SEC) in an ongoing legal battle.
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Interest in Ripple news today comes from a recent hearing between it and the SEC. Let’s take a look at that and other recent news crypto lovers need to know about XRP.
Judge Allows SEC to Seek Info on Ripple’s Overseas XRP Transactions
“Sarah Netburn, the judge presiding over the legal case involving Ripple, has rejected the firm’s motion to dismiss the SEC’s requests with foreign regulators over XRP transactions.” —
Vishal Chawla, Crypto Briefing
Sec V. Ripple Settlement Feasible In Next Two Weeks, Said Top Laywer
“Attorney Jeremy Hogan, a lawyer who has been covering the SEC v. Ripple lawsuit from the beginning, has predicted that if the new SEC Chair, Gary Gensler, chooses to settle with Ripple, that should happen within the next two weeks.” — Rick Steves, Finance Feeds
We Need A Ripple Test To Stop The SEC’s Overreach On Cryptocurrency
“The regulatory future of cryptocurrency seems destined to be decided by the courts, thanks to an ill-conceived lawsuit filed by the Securities and Exchange Commission (SEC). If Ripple’s arguments prevail in the Southern District of New York and on appeal, this case could give the Supreme Court a chance to review the 1946 Howey decision which set a standard for what constitutes a security.” — Roslyn Layton, Forbes
Ripple (XRP) News: The New Bank Partnership XRP Investors Should Know About
“This agreement is for a remittance corridor with the United Arab Emirates (UAE). This will have it working with LuLu International Exchange to provide services to Egyptians working in the UAE.” — William White, InvestorPlace
Ripple (XRP) Price Predictions: Where Will XRP Go After the Crypto Crash?
“The case, set to resume at the end of the week, is looking like it will end in favor of Ripple. And, on top of the prospective court victory, Ripple is continuing to make business moves to keep its head above water in the current crypto riptide.” — Brenden Rearick, InvestorPlace
XRP is down 11.9% over a 24-hour period on Friday afternoon. However, the crypto is still up 371% since the start of the year.
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.