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SEC’S CRIPTO CRACKDOWN vs. Ripple’s Legal Win: ETFS in focus

She officially ended the long-term securities and exchange commissions (SEC). 19. Marta 2025. The Ripple announced that SEC rejected his four-year lawsuit against the company.

Originally submitted in the former Chair of Jai Claiton, the lawsuit claimed that Ripleu illegally raised $ 1.3 billion through the sale of his KSRP token without registration as security, as cited on CNBC.

CRIPTO companies, including coinbase, Kraken, Rodinhood, Binance and Openense, also saw lawsuits and investigations, whether turned out, resolved or put on hold. With this victory, Ripple, together with the entire crypto industry, celebrates its success against the regulator. After the announcement, the CSRP rose at about 11%, while the KSRP gained about 4.5% last week.

Ripple’s legal battle against SEC cost $ 150 million in legal fees in what became fiercely meant with the former SEC chair Gari Gensler, which was widely experienced as unacceptable to the crypt industry. In July 2023. year, the Federal Judge ruled that the KSRP “not necessarily security on her face”, undermining the strength of the SEC case.

The verdict had wider implications outside Ripple. This signaled the beginning of the winning momentum for the crypto industry and played a role in political movement, including the return of the former crypto critic Donald Trump to the White House. He sought to make the United States “Cripto capital of the planet and Bitcoin Supersila of the world.”

As part of this shift, the sec hosted its first main crypto round table, on Friday, marking a new era of engagement, not execution. Leading this effort is Hester Peirce, who now runs the newly established group of agencies.

Peirce emphasized that the sex is no longer opponent, but instead, he worked on creating a clear regulatory framework for crypto. In great reversion of politics, SEC pulled the accounting newsletter 121 (SAB 121), rule 2022. years required by banks to treat cryptic assets as obligations to their balance sheets.

At the World Economic Forum in Davos, Switzerland, Financial Leaders from Goldman Sachs, Morgan Stanley, and Bank America expressed optimism that Washington’s regulatory accommodation could lead to renewed institutional investments in crypto.

Investors should notice that Bitcoin earned 1.9% last week while Etherum added 3.7%. CRIPTO-SEDINI FUNDS BASED BASED (ETFS) Ishares Bitcoin Trust ETF Ibit, Bitcoin Fidelity Fund FBTC and Graicale Bitcoin Trust ETF The GBTC has progressed about 5%. First Trust Skybridge Cripto Ind and Digi Econ ETF The CRPT progressed 1.7% last week.

(Tagstotranslate) Ripple (T) SEC (T) Crypto Industry (T) Securities and Currency Exchange

https://media.zenfs.com/en/zacks.com/1f2bc694683129eaddb9801e742c73e1

2025-03-24 20:00:00

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