XRP Legal Saga Concludes as Ripple Withdraws Appeal, SEC Expected to Follow – Legal Bitcoin News
Ripple withdraws its appeal in the XRP case, with the SEC expected to follow, solidifying XRP’s legal clarity and concluding a landmark legal battle.
South Korea Lawmaker Proposes ETF Bill to Include Virtual Assets
South Korean lawmaker Min Byung-deok proposes amending the Capital Markets Act to include digital assets in ETFs, enabling trust companies to manage them under clearer custody rules.
Ripple, SEC agree to mutually abandon appeals, ending 5-year legal battle
Ripple and the SEC have agreed to drop their appeals, ending a 5-year legal battle over XRP’s securities status. The resolution preserves XRP’s legal clarity while Ripple faces penalties for institutional sales.
‘Rogue’ Police Are Destroying Bitcoin ATMs: Bitcoin Depot Legal Chief – Decrypt
Bitcoin Depot’s legal chief claims police are unlawfully seizing cash from Bitcoin ATMs, damaging machines. Scams via crypto kiosks rose in 2024, with $247M lost, per FBI.
Crypto backers eye New York City mayoral race as next battleground
Zohran Mamdani wins NYC Democratic mayoral primary, faces pro-crypto opponents including Eric Adams and Curtis Sliwa. Crypto industry figures oppose Mamdani, signaling a heated race.
Ripple drops cross-appeal as SEC set to follow, closing XRP case
Ripple and the SEC have agreed to drop all appeals, ending their legal battle over XRP. The move follows a judge’s rejection of a reduced penalty and signals a shift in regulatory enforcement.
Tim Scott Sets September Deadline For Crypto Market Structure
Senator Tim Scott announces a September 30 deadline for finalizing U.S. crypto market structure legislation, aiming to position America as a leader in financial innovation.
Ripple to Drop Appeal in SEC Case Over XRP Sales, Ending Case ‘Once and for All’ – Decrypt
Ripple will drop its appeal in the SEC case over XRP sales, aiming to end the legal battle. The SEC may also drop its appeal, concluding the long-running dispute.
FATF sounds alarm over rising stablecoin misuse as global crypto rules lag
FATF reports rising stablecoin misuse amid incomplete global crypto regulations, highlighting $1.46B theft by North Korean hackers and urging stronger enforcement of Travel Rule compliance.
Trump sidesteps question on crypto divesting to pass key bills
Trump avoided answering if he would divest from his family’s crypto ventures to support cryptocurrency legislation, emphasizing the importance of the US leading the crypto industry over China.
