Ripple and the SEC Prepare for Confrontation at Crypto Regulation Panel Today
In a headline-grabbing event today, Ripple’s top attorney, Andre Ceresney, prepares for a crucial discussion with SEC’s Jorge Tenreiro. The talk, titled ‘Government Enforcement in the Cryptocurrency Arena: Where Do Things Stand?’, is a key part of the Hilibrand Series Panel.
Joining legal minds like Claudia Quiroz from the U.S. Department of Justice and law expert David Zornow, they delve into the details of current crypto regulations in the U.S.
Legal Minds Join Forces
Ceresney, Tenreiro, Quiroz, and Zornow collaborate to navigate the complexities of government oversight in the crypto industry. With the Ripple Labs vs. SEC legal saga as a backdrop, lawyer Bill Morgan highlights the differences between Ripple’s situation and the Coinbase case. He also notes the SEC’s acknowledgment that XRP isn’t a security, signifying a pivotal moment in U.S. crypto regulation.
As legal battles continue, the broader crypto market is on the verge of an exciting bullish trend. XRP is making moves, increasing by a significant 12% in the past 24 hours and currently standing at $0.701, showing some slowing on the weekly chart.
Also Read: Ripple vs SEC Lawsuit Unfazed by Coinbase Judgment, Confirms Expert
XRP Rides the Bullish Wave
Technical indicators and buying pressure suggest that XRP’s upward momentum could continue, potentially breaking the $0.8 barrier or even reaching $1 soon.
Get ready, crypto enthusiasts, as the ride is about to get exciting!
Did You Know? XRP Price Hits New 2024 High: Reaches $0.74, New Developments in Ripple vs SEC Lawsuit
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