In a headline-grabbing event today, Ripple’s top attorney, Andre Ceresney, gears up for a crucial discussion with SEC’s Jorge Tenreiro. Titled ‘Government Enforcement in the Cryptocurrency Arena: Where Do Things Stand?’, this talk is a key part of the Hilibrand Series Panel.
Alongside legal minds like Claudia Quiroz from the U.S. Department of Justice and law expert David Zornow, they dive into the nitty-gritty of current crypto regulations in the U.S.
Ceresney, Tenreiro, Quiroz, and Zornow unite to navigate the maze of government oversight in the crypto business. Against the backdrop of the Ripple Labs vs. SEC legal saga, lawyer Bill Morgan points out that Ripple’s situation differs from the Coinbase case. He also notes the SEC’s shift, acknowledging XRP isn’t a security, marking a crucial moment for U.S. crypto regulation.
While legal battles unfold, the broader crypto market is on the brink of an exciting bull run. XRP refuses to stay on the sidelines, surging by a notable 12% in the last 24 hours. At present, it sits at $0.701, showing a bit of a slowdown on the weekly chart.
Also Read: Ripple vs SEC Lawsuit Unfazed by Coinbase Judgment, Confirms Expert
Technical signals and buying pressure hint that XRP’s upward momentum may persist, possibly breaking the $0.8 barrier or even hitting $1 in no time.
Strap in, crypto enthusiasts, the ride is about to get interesting!
Did You Know? XRP Price Achieves New 2024 High: Reaches $0.74, New Revelations in Ripple vs SEC Lawsuit
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