Blockchain
XRP News Today: Ripple Clears SEC Hurdles as Cryptocurrencies’ Political Height Increases
Lack of court rulings has led investors to consider SEC plans to appeal XRP programmatic sales dominant. In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP do not meet the third prong of the Howey test.
In August 2023, the SEC attempted to appeal the ruling by filing a Cross-appeal motion. However, Judge Analisa Torres rejected the motion, forcing the SEC to wait for the end of the corrective phase of the Ripple case. The SEC’s plans for an appeal remain a hurdle for XRP.
However, a change in the US political landscape could put an end to the SEC’s plans to appeal.
Brad Garlinghouse, CEO of Ripple, talks politics
Ripple CEO Brad Garlinghouse discussed politics with The Washington Post’s Tony Romm on Tuesday. Garlinghouse shared an article by Tony Romm on X (formerly Twitter), said,
“Thanks for chatting Tony Romm. For the first time in US history, crypto voters will represent a significant force in this year’s elections. Democrats – it’s not too late to abandon Elizabeth Warren’s “anti-crypto army” rhetoric and take a bipartisan position with Republican colleagues on innovation – should never have been political.”
Cryptocurrencies have recently become a topic of discussion on Capitol Hill, with Republican Party front-runner Donald Trump calling cryptocurrencies into question, said,