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Also Read: Litecoin Halving Might Trigger A Sell-off; On-Chain Data advertisement XRP Lawsuit To Stretch More Ahead? US district judge Analisa Torres on 13 July announced that Ripple and the defendants did not breach securities law with XRP in the country. While it reportedly suggested that the XRP token is not a security. However, the commission in the recent filings of an ongoing lawsuit against Terraform Labs mentioned that its staff are considering the various avenues and intends to seek review over the decision. Pro XRP analyst, Mr.Huber laid out the possible options and outcomes in the XRP lawsuit ahead. He stated that there can be 4 different legal processes ahead i.e. Settlement, Motion to Reconsider, Interlocutory Appeal, and Regular Appeal. Read More XRP Lawsuit News Here… Settlement Recommended Articles Crypto Presale Projects For 2023 To Invest; Up...

Patrick McHenry said he will closely watch the US SEC’s response to spot Bitcoin ETF filing by financial services giant BlackRock’s iShares. advertisement Your move, @GaryGensler. The @SECGov must not pick winners and losers based on inconsistent factors. I'll be watching this closely. https://t.co/iKPiQgPwQU — Patrick McHenry (@PatrickMcHenry) June 15, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] Must Read ...

US House to Bring Regulatory Clarity on Crypto in Coming Weeks US House Financial Services Committee Republican Chairman Patrick McHenry intends to hold a committee vote on a digital asset bill to bring clarity to the crypto industry. The voting on the bill will happen after lawmakers return on July 11. advertisement “I intend for this committee to mark up some form of this legislation when we return from the July 4 recess.” On Tuesday, the US House Financial Services Committee Democrats and Republicans discussed two bills to bring “clarity” regarding the  digital asset market structure  and regulation of  payment stablecoins . The bills mark the first step towards regulating crypto in the US. CoinGape Media earlier reported how the US House bills to provide clarity on the digital asset ecosystem and oversight of the crypto industry. The bill aims to provide both the Securities and Exchange Commission (SEC) and the Commod...