Pro-XRP Lawyer Reacts to US SEC Labeled RLUSD As Unregistered in Ripple Lawsuit
31 Articles
31 Articles
Ripple Faces Fresh Legal Action, XRP May Drop by 20%, Again
Ripple Labs, the company behind the popular cryptocurrency XRP, is once again in the legal crosshairs of the U.S. Securities and Exchange Commission (SEC). Despite a significant legal win earlier this year, which ruled that XRP sales on public exchanges to retail investors are not securities, the battle between Ripple and the SEC is far from over. The regulator has now filed an official appeal, reigniting tensions and creating uncertainty in the…
Can SEC Create Problems For Ripple On RLUSD Launch? Bill Morgan Reacts - Coin Surges
The post Can SEC Create Problems For Ripple On RLUSD Launch? Bill Morgan Reacts appeared first on Coinpedia Fintech News RLUSD went officially live today on global exchanges, which combines the stability of fiat with the efficiency of blockchain technology. Ripple has described RLUSD as an ‘enterprise-grade stablecoin built on trust, utility, and compliance.’ Backed by US dollar deposits, US government bonds, and other cash equivalents, RLUSD w…
Investing Business Daily | Pro-XRP Lawyer Reacts to US SEC Labeled RLUSD As Unregistered in Ripple Lawsuit
Pro-XRP lawyer Bill Morgan reacts to mounting concerns over the U.S. Securities and Exchange Commission (SEC) or Chairman Gary Gensler spoiling the RLUSD stablecoin launch party. Notably, the US SEC recently labeled the stablecoin as an unregistered crypto asset in the Ripple lawsuit. XRP Lawyer Addresses US SEC’s ‘Unregistered’ Claim on RLUSD Pro-XRP lawyer Bill Morgan commented on an X post regarding RLUSD issuance once labeled as an ‘unregist…
Breaking: Ripple's RLUSD Stablecoin Officially Debuts on Global Exchanges, XRP Soars! - Crypto Economy
TL;DR The launch of Ripple USD (RLUSD) on exchanges marks a milestone after overcoming many legal obstacles, offering a new stablecoin. RLUSD facilitates fast and cost-effective global payments, supported by the XRP and Ethereum blockchains, and is designed for both businesses and everyday users. XRP’s price increased by 8% following the launch of RLUSD, but the massive influx of $115 million in XRP to exchanges could generate selling pressure.…
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