One of the longest-running lawsuits in the crypto landscape could potentially come to a close as both parties seek to settle their disputes. Ripple and the US Securities and Exchange Commission (SEC) have jointly proposed to settle their $125 million civil penalty. According to the court filings shared by Fox Business journalist Elanor Terett on … Read more
It’s safe to say that the surge in stablecoin adoption has not gone unnoticed by the banks. Several of the largest banks in the US are reportedly in early talks to launch a joint stablecoin, aiming to challenge the popularity of crypto and digital payment solutions. “The conversations have so far involved companies co-owned by … Read more
Ripple Labs (XRP) and the US Securities and Exchange Commission (SEC) have filed a joint motion to suspend their appeals and cross-appeals for 60 days, bringing the long-running saga closer to an official settlement. The joint motion noted that Ripple and the SEC have reached an agreement-in-principle, pending approval from the SEC, to resolve the … Read more