مديونير يمني
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The case of the U.S. Securities and Exchange Commission is closed, and U.S. policy is evolving.
In the first quarter of the year, the U.S. Securities and Exchange Commission informed Ripple of its intention to withdraw its appeal, which is a clear victory for both Ripple and the cryptocurrency sector as a whole.
Following Ripple's decision to withdraw its mutual appeal, the U.S. Securities and Exchange Commission agreed to reduce the proposed fine from $125 million to $50 million, and requested the court to vacate the injunction, pending approval from the SEC.
This outcome has confirmed what has been clear from the beginning: that the facts and the law are in favor of $XRP .
Meanwhile, the new U.S. administration has taken effective steps towards turning the page on cryptocurrency regulation, indicating a more rational, clear, and forward-looking approach.
#NewsTrade #TradeStories
In the first quarter of the year, the U.S. Securities and Exchange Commission informed Ripple of its intention to withdraw its appeal, which is a clear victory for both Ripple and the cryptocurrency sector as a whole.
Following Ripple's decision to withdraw its mutual appeal, the U.S. Securities and Exchange Commission agreed to reduce the proposed fine from $125 million to $50 million, and requested the court to vacate the injunction, pending approval from the SEC.
This outcome has confirmed what has been clear from the beginning: that the facts and the law are in favor of $XRP .
Meanwhile, the new U.S. administration has taken effective steps towards turning the page on cryptocurrency regulation, indicating a more rational, clear, and forward-looking approach.
#NewsTrade #TradeStories
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