Ripple Stuck With $125 Million Penalty as Judge Denies XRP Settlement With SEC – Decrypt
A federal judge denied Ripple and the SEC’s request to reduce a $125 million penalty and alter an injunction, upholding the 2023 ruling on XRP’s institutional sales as unregistered securities.
SoFi To Resume Crypto Trading Services After 2-Year Halt – Coinspeaker
SoFi Technologies resumes crypto trading and introduces blockchain remittances after a 2-year regulatory hiatus, leveraging eased OCC guidelines and Trump administration’s pro-crypto policies.
US judge denies SEC and Ripple’s second bid to amend penalty
US Judge Analisa Torres denied SEC and Ripple’s joint request to amend a prior ruling, upholding the $125M penalty and injunction for Ripple’s securities law violations.
Ripple-SEC Legal Battle Continues As Judge Denies Early Termination Request | Bitcoinist.com
Judge Analisa Torres denied Ripple and SEC’s joint request for an early termination, prolonging their legal battle. XRP price dropped 4% following the ruling, though it remains up 350% year-to-date.
Indian ruling party spokesperson pushes Bitcoin reserve pilot, crypto regulation reform
A BJP spokesperson advocates for India to pilot Bitcoin reserves and reform crypto regulations, citing economic resilience and global trends, while highlighting Bhutan’s renewable energy mining model.
Brussels’ softer tone on foreign stablecoins sparks industry optimism
The EU Commission downplays ECB concerns about stablecoin risks, stating they are manageable under MiCA. Industry optimism grows as the EC adopts a softer stance on foreign stablecoin issuance.
Court rejects Ripple and SEC bid to slash $125M penalty, keeps institutional XRP sales under legal constraint
A federal judge denied Ripple and the SEC’s request to remove a permanent injunction and reduce a $125M penalty, upholding the court’s earlier ruling on XRP sales.
Indian politician calls for Bitcoin reserve pilot as US embraces BTC
Indian BJP spokesperson Pradeep Bhandari advocates for a Bitcoin reserve pilot, citing global trends and India’s renewable energy potential, while highlighting current crypto tax policies.
South Korean Police Bust Fake Crypto Exchange Ring, Seize $3.2M Worth Of Crypto
South Korean police shut down a fake crypto exchange ring, seizing $3.2M in crypto. The group operated illegal foreign exchange services using Neteller Pay, violating financial laws.
Hong Kong expands digital asset agenda with unified rules, tokenization push
Hong Kong expands its digital asset strategy with unified regulations and tokenization incentives to become a global financial innovation hub, balancing growth with risk management.
