Settlement

TL;DR Ripple’s long-standing lawsuit with the US SEC is approaching a critical pretrial conference on April 16 that may hint at a potential settlement. Analysts speculate that a favorable outcome for the firm could trigger a significant price rally for XRP, reflecting positive responses to previous partial court victories in 2023. The Upcoming Development The lengthy legal spat between Ripple and the United States Securities and Exchange Commission (SEC) is nearing its final chapter, with a grand trial scheduled for April 23.…

The post Ripple vs. SEC Lawsuit Over? Is Settlement Expected on April 16th? appeared first on Coinpedia Fintech News Ashley Prosper, a crypto enthusiast deeply engaged with XRP, sparked a conversation with a detailed Twitter post outlining various developments in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC).  She noted an important opinion from the 2nd Circuit Court stating that the SEC cannot force disgorgement without financial loss to investors. This principle could directly…

The post Ripple vs. SEC Lawsuit Settlement Speculations: Will the XRP Price Hit New Heights? appeared first on Coinpedia Fintech News Speculations abound as a possible SEC settlement looms. Could this propel $XRP to new ATH heights? XRP has shown subdued performance lately, likely due to the Ripple-SEC lawsuit. However, an upcoming closed-door meeting between the SEC and Ripple today holds the potential for a resolution that could significantly impact XRP’s value, albeit uncertainly. Amid the upcoming SEC closed-door meeting,…

Richard Teng, CEO of the world’s largest cryptocurrency exchange, Binance, believes the trading giant is past the cultural issues after it settled criminal charges from the United States Department of Justice (DOJ) with a $4.3 billion fine. During an interview with CNBC, Teng said Binance had moved past the early stage of its development, where there were no clear rules, and it had to operate in a certain way to stay relevant. Binance Has Moved Past Cultural Issues In November…

The post Ripple vs. SEC Settlement on Horizon? Insight on XRP Lawsuit appeared first on Coinpedia Fintech News Speculation is swirling within the crypto community regarding a potential settlement meeting between Ripple Labs and the US SEC amidst the ongoing XRP lawsuit. The speculation gained traction after Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were reportedly seen in New York, fueling rumors of settlement discussions. Settlement Conference or Something Else?  BobaFete, an XRP community member, claimed to…

Small and medium enterprises (SMEs)could soon find it easy to conclude their transactions. This follows global payments giant SWIFT's announcement that would make instant payments available to SMEs.  SWIFT, says it intends to be at the fore of global A2A and B2B transactions. The firm is taking on Visa, MasterCard, and emerging fintech ventures, for example, Ripple.  The decision to venture into space was arrived at in a last month's meeting of the firm’s Board and Executive. The decision is…