Both parties have been ordered to reconsider their motions to seal parts of their briefs and have until July 8, 2024, to file a revised motion to seal specific exhibits.
The court’s final decision on these motions will follow shortly thereafter!
Saudi Arabia is exploring accepting oil payments in currencies other than the U.S. dollar and has joined the @BIS_org #mBridge project, a global initiative to use #digitalcurrencies for easier and faster international payments.
🇺🇸 While the U.S. dollar will still be the main currency for most transactions, this move helps #SaudiArabia diversify its payment methods, especially with China being its biggest oil buyer. 🛢
The mBridge project, which includes countries like #China 🇨🇳, #HongKong 🇭🇰, #Thailand 🇹🇭, and the #UAE 🇦🇪, aims to improve #crossborder transactions using #CBDCs.
Notably, @Ripple's connections with the @SAMA_GOV and the @BIS_org could facilitate the integration of innovative financial technologies into the mBridge project. This includes the use of CBDCs as native tokens on distributed ledgers, with $XRP serving as a neutral bridge currency.
Such advancements align with Saudi Arabia's #Vision2030 to diversify its economy and reduce reliance on #oil revenues.
Vietnamese Prime Minister Pham Minh Chinh announcement in the cabinet closed door meeting. Some Vietnamese banks associated with SBI Japan already utilized XRP for cross border payment and our goal is to get all Vietnamese banks on board soon!
just in stuart alderoty says To be clear - the CA judge dismissed all allegations suggesting that Ripple violated federal securities law. The NY ruling that XRP is not a security stands undisturbed. 1/2
I hate the fact Ethereum got another free pass. It is a disgrace to the 🇺🇲 people considering that we have so much evidential information surrounding them and this just proves that the whole situation between Ripple and the SEC was a show and they were doing it to suppressing its innovative technology and they (bankers) weren't ready.
There's nothing you can do to stop what is coming. Now that the lawsuit between Ripple and the SEC is ready to wrap up anytime soon and there is regulation coming in from all over the globe it's time to let the free market decide.
Ripple plans to launch the stablecoin on the XRP Ledger and Ethereum before the end of 2024! 2024 will be big! 🧨💥
The leading DeFi token on XRPL, CTF token, could see an increase from 0.83 XRP to 374.25 XRP per token!
XRPL DeFi is the place where fortunes will be made - CTF token is not just the top DeFi token but also the one with the lowest supply among the top 10!
Low supply, high demand = supply shock!
A market cap of $20 billion could drive the $CTF token from 0.83 XRP to an astonishing 748.50 XRP per token! That’s a huge opportunity for those who are paying attention! 💰
#Ripple's Chief Legal Officer has challenged the SEC's allegations, emphasizing that Ripple's case has no victims requiring compensation. This response follows Ripple's proposal to limit its penalty to $10M, significantly lower than the SEC's initial demand of $2B ⬇️
BREAKING:🚨JUST IN: Cryptocurrency Earthquake at SEC – Head of Crypto Unit Resigns. SEC HEAD OF CRYPTO ASSET AND CYBER UNIT LEAVES AGENCY AFTER ALMOST 9 YEARS
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