SEC Opts Not To Appeal Court Ruling On Grayscale Bitcoin ETF: Report

Following Judge Analisa Torres’s ruling that programmatic XRP sales did not qualify as securities, the SEC filed an interlocutory appeal with the court. This meant that the US Securities and Exchange Commission (SEC) did not agree with the ruling, and while the interlocutory appeal has been approved by the court, pro-XRP lawyer John Deaton has […]

The D.C. Circuit Court of Appeals was expected to give a ruling on Grayscale’s Spot Bitcoin ETF lawsuit against the United States Securities and Exchange Commission (SEC) on August 22 following its failure to do so on August 18. However, the crypto community would have to wait longer as the court has once again failed to make a decision. Court Delays Spot Bitcoin ETF Decision For The Third Time According to a tweet by Grayscale’s Chief Legal Officer Craig Salm, the appeal court failed to make a decision regarding his company’s lawsuit against the SEC. However, he pointed out that there....

The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela Over $1 Billion Gold The English Court of Appeal reportedly overturned an earlier High Court ruling Monday concerning Venezuela’s gold worth about $1 billion kept at the Bank of England. The Bank of England had denied Nicolas Maduro’s access to Venezuela’s gold kept at the bank....

The clock is ticking down to this Friday (October 13), when the window for the US Securities and Exchange Commission (SEC) to appeal the Grayscale Bitcoin spot ETF ruling by the US District of Columbia Circuit will shut. As this deadline looms, the crypto community is abuzz with speculation, predictions, and hopes for what the […]

Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple.  SEC-Related Factors Could Impact XRP Price On August 17, the US Securities and Exchange Commission (SEC) was given approval by Judge Analisa Torres to file its motion seeking an interlocutory appeal against her ruling at the Court of Appeals.  Related Reading: IPO Frenzy: What Happens To XRP Price If Ripple Stock Climbs To $600?....