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🚨XRP NEWS TODAY 🔥🚨 IF YOU HAVE 1 XRP, YOU NEED TO KNOW THIS ASAP! 🚀 $XRP ARE YOU READY TO EXIT? XRP holders, pay close attention — things are heating up in the market, and this could be the breakout moment we’ve all been waiting for! Here’s what you need to know: 🚀 Main developments: 1️⃣ Growing institutional adoption: Recent reports suggest that major financial institutions are increasing their adoption of RippleNet and XRP for cross-border payments. This could mean a significant increase in demand for XRP tokens!

🚨XRP NEWS TODAY 🔥

🚨 IF YOU HAVE 1 XRP, YOU NEED TO KNOW THIS ASAP! 🚀 $XRP ARE YOU READY TO EXIT?
XRP holders, pay close attention — things are heating up in the market, and this could be the breakout moment we’ve all been waiting for! Here’s what you need to know:
🚀 Main developments:
1️⃣ Growing institutional adoption: Recent reports suggest that major financial institutions are increasing their adoption of RippleNet and XRP for cross-border payments. This could mean a significant increase in demand for XRP tokens!
Artsan lSrL:
Não é melhor mudar de: Das para: Nas?
✅ Wednesday News: ✔️ Media: Trump is considering declaring a state of economic emergency in the country. ✔️ MicroStrategy plans to raise $2 billion in Q1 to buy more BTC. On January 6, the company purchased another 1,070 BTC ($101 million). 💸 ✔️ China aims to implement blockchain technologies to establish a national data infrastructure by 2029. ✔️ Authorities in Kazakhstan have blocked 3,500 crypto exchanges. ✔️ Ripple's CEO met with Donald Trump. ✔️ A New York court has paused the SEC's lawsuit against Coinbase. ✔️ The CEOs of Apple, Amazon, Meta, and OpenAI donated $1 million each to Trump’s inauguration. ✔️ In 2025, Microsoft plans to invest $80 billion in data centers. ✔️ In Phuket, Thailand, tourists may soon be allowed to pay with cryptocurrency. 🏖 ✔️ Starlink and airBaltic tested their first flight with high-speed internet. ✔️ Pyth Network announced a partnership with online bank Revolut. #Trump #news #MicroStrategy #SEC #openai $BTC {future}(BTCUSDT)
✅ Wednesday News:

✔️ Media: Trump is considering declaring a state of economic emergency in the country.

✔️ MicroStrategy plans to raise $2 billion in Q1 to buy more BTC. On January 6, the company purchased another 1,070 BTC ($101 million). 💸

✔️ China aims to implement blockchain technologies to establish a national data infrastructure by 2029.

✔️ Authorities in Kazakhstan have blocked 3,500 crypto exchanges.

✔️ Ripple's CEO met with Donald Trump.

✔️ A New York court has paused the SEC's lawsuit against Coinbase.

✔️ The CEOs of Apple, Amazon, Meta, and OpenAI donated $1 million each to Trump’s inauguration.

✔️ In 2025, Microsoft plans to invest $80 billion in data centers.

✔️ In Phuket, Thailand, tourists may soon be allowed to pay with cryptocurrency. 🏖

✔️ Starlink and airBaltic tested their first flight with high-speed internet.

✔️ Pyth Network announced a partnership with online bank Revolut.

#Trump #news #MicroStrategy #SEC #openai $BTC
Ripple vs. SEC: Big Appeal Coming🚨 Ripple (XRP) Lawsuit Update 🚨XRP Holders, Stay Calm: 🚨🔥Big news ahead for the Ripple community! The US SEC, under Gary Gensler’s leadership, is preparing to file its appeals opening brief against Ripple by January 15, 2025. Naturally, this is causing some chatter among XRP holders, but here’s the twist – Jeremy Hogan, a well-known pro-XRP lawyer, has weighed in. SEC chairman Gary Gensler will resign 20 January 2025 that's a good news because of Tump. His message? “Don't be surprised, but this filing may lead nowhere.” Now that’s something to keep in mind. Hogan’s confidence comes from the current sentiment around the lawsuit and Ripple's strong defense record so far. 💥Here’s the interesting part: With a crypto-friendly Trump administration back in power, the chances of a settlement or outright dismissal seem to be higher than ever. This could spell great news for XRP holders, as the regulatory hurdles might finally ease. So, for now, there’s no need to panic. Keep your eyes on January 15, but don’t forget – Ripple has been holding its ground fiercely, and many believe it’s just a matter of time before this chapter closes positively for XRP. Why Follow My Analysis?💥👇👇 ✅ I’ll be sharing VIP signals for free, along with chart breakdowns and updates to help you stay ahead of market moves. Don’t miss out on these expert insights designed to give you an edge. #XRP #Ripple #CryptoNews #SEC $XRP #XRPvsSEC {spot}(XRPUSDT)

Ripple vs. SEC: Big Appeal Coming

🚨 Ripple (XRP) Lawsuit Update 🚨XRP Holders, Stay Calm: 🚨🔥Big news ahead for the Ripple community! The US SEC, under Gary Gensler’s leadership, is preparing to file its appeals opening brief against Ripple by January 15, 2025. Naturally, this is causing some chatter among XRP holders, but here’s the twist – Jeremy Hogan, a well-known pro-XRP lawyer, has weighed in. SEC chairman Gary Gensler will resign 20 January 2025 that's a good news because of Tump.
His message? “Don't be surprised, but this filing may lead nowhere.” Now that’s something to keep in mind. Hogan’s confidence comes from the current sentiment around the lawsuit and Ripple's strong defense record so far.
💥Here’s the interesting part: With a crypto-friendly Trump administration back in power, the chances of a settlement or outright dismissal seem to be higher than ever. This could spell great news for XRP holders, as the regulatory hurdles might finally ease.
So, for now, there’s no need to panic. Keep your eyes on January 15, but don’t forget – Ripple has been holding its ground fiercely, and many believe it’s just a matter of time before this chapter closes positively for XRP.
Why Follow My Analysis?💥👇👇 ✅ I’ll be sharing VIP signals for free, along with chart breakdowns and updates to help you stay ahead of market moves. Don’t miss out on these expert insights designed to give you an edge.
#XRP #Ripple #CryptoNews #SEC $XRP #XRPvsSEC
An Tòn:
Paul Atkins appointed by Trump as SEC chairman starting January 20
Pro-XRP Lawyer: SEC Likely to File an Appeal, But Stay CalmApproaching Deadline for SEC’s Appeal With the January 15 deadline for the U.S. Securities and Exchange Commission (SEC) to file its appeal fast approaching, tensions are rising within the crypto community. However, according to a legal expert, the SEC is likely to stay the course and submit the appeal as expected. The SEC surprised the crypto world when it appealed the decision made by Judge Analisa Torres on August 7 in its case against Ripple. The initial appeal was filed on October 2, followed by the submission of Form C 15 days later. Originally, the SEC had 91 days to prepare its main brief, but in late October 2024, it requested an extension until January 15. The court granted this request, providing the regulator with additional time to prepare its case. Legal Expert Predicts SEC Will File an Appeal Jeremy Hogan, a well-known pro-XRP lawyer, expressed his belief that the SEC will indeed file its appeal. According to him, the regulator may focus on issues such as the sale of XRP on exchanges, the distribution of XRP to Ripple employees, and the sale of XRP by co-founder Chris Larsen and CEO Brad Garlinghouse. Hogan emphasized that the current administration, led by Gary Gensler, remains in power, which increases the likelihood of the appeal being filed. At the same time, he urged the crypto community to remain calm, noting that the appeal itself will not alter the outcome of the case. Possibility of Settling the Case Hogan suggested that the case could still be settled even after a leadership change at the SEC, which is expected to occur five days after the deadline. The lawyer believes the new administration might prefer to reach a settlement or even drop the case entirely. On August 7, 2024, a partial settlement between Ripple and the SEC was reached, including a $125 million resolution. A similar agreement could be revisited if the SEC decides to pursue a settlement. Expectations for XRP Price Growth Analysts predict that a potential settlement could have a positive impact on XRP’s price. Reports suggest that the asset’s value could rise by as much as 66%, echoing the price movement seen after the August ruling. If a deal is reached, it could lead to significant appreciation of XRP in the market. The SEC and Ripple remain at the center of attention, with decisions in the coming weeks potentially having far-reaching implications not only for XRP but for the entire crypto sector. #SEC , #Ripple , #xrp , #CryptoNewss , #CryptoNewsCommunity Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Pro-XRP Lawyer: SEC Likely to File an Appeal, But Stay Calm

Approaching Deadline for SEC’s Appeal
With the January 15 deadline for the U.S. Securities and Exchange Commission (SEC) to file its appeal fast approaching, tensions are rising within the crypto community. However, according to a legal expert, the SEC is likely to stay the course and submit the appeal as expected.
The SEC surprised the crypto world when it appealed the decision made by Judge Analisa Torres on August 7 in its case against Ripple. The initial appeal was filed on October 2, followed by the submission of Form C 15 days later.
Originally, the SEC had 91 days to prepare its main brief, but in late October 2024, it requested an extension until January 15. The court granted this request, providing the regulator with additional time to prepare its case.
Legal Expert Predicts SEC Will File an Appeal
Jeremy Hogan, a well-known pro-XRP lawyer, expressed his belief that the SEC will indeed file its appeal. According to him, the regulator may focus on issues such as the sale of XRP on exchanges, the distribution of XRP to Ripple employees, and the sale of XRP by co-founder Chris Larsen and CEO Brad Garlinghouse.
Hogan emphasized that the current administration, led by Gary Gensler, remains in power, which increases the likelihood of the appeal being filed. At the same time, he urged the crypto community to remain calm, noting that the appeal itself will not alter the outcome of the case.
Possibility of Settling the Case
Hogan suggested that the case could still be settled even after a leadership change at the SEC, which is expected to occur five days after the deadline. The lawyer believes the new administration might prefer to reach a settlement or even drop the case entirely.
On August 7, 2024, a partial settlement between Ripple and the SEC was reached, including a $125 million resolution. A similar agreement could be revisited if the SEC decides to pursue a settlement.
Expectations for XRP Price Growth
Analysts predict that a potential settlement could have a positive impact on XRP’s price. Reports suggest that the asset’s value could rise by as much as 66%, echoing the price movement seen after the August ruling. If a deal is reached, it could lead to significant appreciation of XRP in the market.
The SEC and Ripple remain at the center of attention, with decisions in the coming weeks potentially having far-reaching implications not only for XRP but for the entire crypto sector.

#SEC , #Ripple , #xrp , #CryptoNewss , #CryptoNewsCommunity

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
SEC Appeal Deadline Looms: Will the Regulator File an Appeal in the Ripple Case?With the ⏳ January 15, 2025 deadline for the U.S. Securities and Exchange Commission (SEC) to file its appeal brief fast approaching, speculation is growing within the #XRPCommunity about the regulator's next steps. A notable legal expert believes the SEC will likely proceed with the appeal, despite impending leadership changes. 🏛️ Background of the SEC vs. Ripple Case The SEC shocked the crypto world when it decided to appeal Judge Analisa Torres’ final ruling on August 7, 2024. This ruling was viewed as a partial win for Ripple, particularly concerning XRP’s classification on secondary markets. On October 2, 2024, the SEC filed an appeal notice, followed by a Form C outlining the specific aspects being challenged. Initially, the SEC had 91 days to submit its main brief but later requested an extension to January 15, 2025, which the court approved. This delay has fueled speculation about the SEC’s intentions, especially as the leadership change on January 20 looms. 🧐 Legal Expert Anticipates SEC Filing Pro-XRP attorney Jeremy Hogan recently addressed the XRP community’s concerns in a tweet. He believes the SEC will ✅ likely file its appeal brief by the January 15 deadline. According to Hogan, the SEC is challenging three main aspects of the case: 🪙 XRP sales on secondary exchanges.🏢 Distributions to Ripple employees.📊 Sales by Ripple executives, including Chris Larsen and Brad Garlinghouse. Hogan explained that the current SEC administration, led by Gary Gensler, is still in charge, making it highly probable that the brief will be filed. However, he urged calm among XRP holders, emphasizing that the filing alone will not determine the case's outcome. 🤝 Settlement Still a Possibility While the SEC may file its brief, Hogan highlighted the chance of a settlement under the incoming administration. Once the new leadership assumes office, the SEC could choose to: 🤷 Settle the case with Ripple.❌ Dismiss the appeal entirely. A settlement remains the most likely outcome, according to Hogan, especially given the precedent set by the $125 million settlement reached in August 2024. This would allow Ripple and the SEC to finalize terms and move forward. 📈 Market Implications for XRP The outcome of the case will have a significant impact on XRP’s market performance. Analysts predict that a settlement could trigger a sharp price rise—potentially mirroring the 66% surge after the August 2024 ruling. Resolving legal uncertainty could boost both adoption and investor confidence in XRP. 🔮 Final Thoughts As the ⏳ January 15 deadline approaches, all eyes are on the SEC and Ripple. The potential filing could prolong the case, while a settlement under new leadership might provide a quicker resolution. Either way, these developments will shape the future of XRP and its position in the cryptocurrency market. ⚠️ Disclaimer: This content is for informational purposes only and should not be considered financial advice. Readers should do their own research and consult financial advisors before making investment decisions. Lachakari Father of Benefits assumes no responsibility for any financial losses incurred. ⚖️ #XRP #SEC #Ripple #Crypto 🚀 $XRP {spot}(XRPUSDT)

SEC Appeal Deadline Looms: Will the Regulator File an Appeal in the Ripple Case?

With the ⏳ January 15, 2025 deadline for the U.S. Securities and Exchange Commission (SEC) to file its appeal brief fast approaching, speculation is growing within the #XRPCommunity about the regulator's next steps. A notable legal expert believes the SEC will likely proceed with the appeal, despite impending leadership changes.
🏛️ Background of the SEC vs. Ripple Case
The SEC shocked the crypto world when it decided to appeal Judge Analisa Torres’ final ruling on August 7, 2024. This ruling was viewed as a partial win for Ripple, particularly concerning XRP’s classification on secondary markets.
On October 2, 2024, the SEC filed an appeal notice, followed by a Form C outlining the specific aspects being challenged. Initially, the SEC had 91 days to submit its main brief but later requested an extension to January 15, 2025, which the court approved.
This delay has fueled speculation about the SEC’s intentions, especially as the leadership change on January 20 looms.
🧐 Legal Expert Anticipates SEC Filing
Pro-XRP attorney Jeremy Hogan recently addressed the XRP community’s concerns in a tweet. He believes the SEC will ✅ likely file its appeal brief by the January 15 deadline. According to Hogan, the SEC is challenging three main aspects of the case:
🪙 XRP sales on secondary exchanges.🏢 Distributions to Ripple employees.📊 Sales by Ripple executives, including Chris Larsen and Brad Garlinghouse.
Hogan explained that the current SEC administration, led by Gary Gensler, is still in charge, making it highly probable that the brief will be filed. However, he urged calm among XRP holders, emphasizing that the filing alone will not determine the case's outcome.
🤝 Settlement Still a Possibility
While the SEC may file its brief, Hogan highlighted the chance of a settlement under the incoming administration. Once the new leadership assumes office, the SEC could choose to:
🤷 Settle the case with Ripple.❌ Dismiss the appeal entirely.
A settlement remains the most likely outcome, according to Hogan, especially given the precedent set by the $125 million settlement reached in August 2024. This would allow Ripple and the SEC to finalize terms and move forward.
📈 Market Implications for XRP
The outcome of the case will have a significant impact on XRP’s market performance. Analysts predict that a settlement could trigger a sharp price rise—potentially mirroring the 66% surge after the August 2024 ruling. Resolving legal uncertainty could boost both adoption and investor confidence in XRP.
🔮 Final Thoughts
As the ⏳ January 15 deadline approaches, all eyes are on the SEC and Ripple. The potential filing could prolong the case, while a settlement under new leadership might provide a quicker resolution. Either way, these developments will shape the future of XRP and its position in the cryptocurrency market.
⚠️ Disclaimer: This content is for informational purposes only and should not be considered financial advice. Readers should do their own research and consult financial advisors before making investment decisions. Lachakari Father of Benefits assumes no responsibility for any financial losses incurred.
⚖️ #XRP #SEC #Ripple #Crypto 🚀
$XRP
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Bullish
THE FATE OF XRP: WILL IT RISE FROM THE ASHES? $XRP once a top 3 cryptocurrency, has faced numerous challenges, including the SEC lawsuit and delistings from major exchanges. But will this be the end of XRP? Many believe that XRP's fast transaction times, low fees, and strong community will help it bounce back. Others think that the ongoing lawsuit and regulatory uncertainty will continue to weigh on its price. What's your take on XRP's fate? Will it rise again or fade into obscurity?📈 Share your thoughts!💭 #XRP #Cryptocurrency #SEC #Lawsuit {spot}(XRPUSDT) #Regulation
THE FATE OF XRP: WILL IT RISE FROM THE ASHES?

$XRP once a top 3 cryptocurrency, has faced numerous challenges, including the SEC lawsuit and delistings from major exchanges.

But will this be the end of XRP?

Many believe that XRP's fast transaction times, low fees, and strong community will help it bounce back.

Others think that the ongoing lawsuit and regulatory uncertainty will continue to weigh on its price.

What's your take on XRP's fate?

Will it rise again or fade into obscurity?📈

Share your thoughts!💭

#XRP #Cryptocurrency #SEC #Lawsuit
#Regulation
"SEC Appeal Brief on Horizon—Pro-XRP Lawyer Encourages Optimism"With the January 15 deadline for the US #SEC to file an appeal brief fast approaching, a notable legal expert thinks the regulator will pursue the course. Read more on: https://thecryptobasic.com/2025/01/07/pro-xrp-lawyer-says-sec-will-file-appeal-brief-but-dont-be-dismayed/ #CryptoNews🚀🔥V

"SEC Appeal Brief on Horizon—Pro-XRP Lawyer Encourages Optimism"

With the January 15 deadline for the US #SEC to file an appeal brief fast approaching, a notable legal expert thinks the regulator will pursue the course.

Read more on: https://thecryptobasic.com/2025/01/07/pro-xrp-lawyer-says-sec-will-file-appeal-brief-but-dont-be-dismayed/
#CryptoNews🚀🔥V
⚖️ Ripple SEC Settlement May Arrive by April, Says Lawyer Pro-XRP lawyer Jeremy Hogan suggests a potential settlement in the Ripple vs. SEC case by April or May. Both Ripple and the SEC have appealed the court’s split decision, drawing widespread attention. 💬 Because both parties appealed the part of the case they lost. So the penalty is on hold pending appeal. But the new SEC administration may decide not to pursue the appeal, and perhaps that leads the parties to settle for what the court awarded.— Marc Fagel (@Marc_Fagel) January 6, 2025 The court had ruled Ripple’s $700 million institutional sales were illegal securities offerings and imposed a $125 million penalty on the firm. However, this penalty is on hold pending the appeal process. In light of this, former SEC attorney Marc Fagel says the SEC’s new administration might drop the appeal, potentially leading to a settlement based on the original ruling. Fagel’s statements have renewed interest in XRP. Community members are watching key dates: January 15, the SEC’s deadline to file another appeal, and January 20, when pro-crypto Paul Atkins may take over as SEC chair. These key developments could bring long-awaited regulatory clarity for XRP and the broader crypto market. Ripple’s supporters remain hopeful that the case’s resolution will propel XRP to new heights, especially with potential U.S. regulatory clarity during the first 100 days of the incoming Trump administration. 🔸 Trump’s Crypto Tax Plans and #XRP ’s Future Notably, Trump plans to introduce 0% capital gains taxes on domestic cryptocurrencies. This would be a significant advantage for XRP as it’s the sole top-tier crypto to benefit from this policy. As speculation mounts, XRP remains one of the most closely watched assets in the crypto space. Advocates are optimistic that a favorable outcome will not only benefit Ripple but also chart the course for other crypto projects in navigating uncertain regulatory landscapes. #Ripple #SEC {spot}(XRPUSDT)
⚖️ Ripple SEC Settlement May Arrive by April, Says Lawyer

Pro-XRP lawyer Jeremy Hogan suggests a potential settlement in the Ripple vs. SEC case by April or May. Both Ripple and the SEC have appealed the court’s split decision, drawing widespread attention.

💬 Because both parties appealed the part of the case they lost. So the penalty is on hold pending appeal. But the new SEC administration may decide not to pursue the appeal, and perhaps that leads the parties to settle for what the court awarded.— Marc Fagel (@Marc_Fagel) January 6, 2025

The court had ruled Ripple’s $700 million institutional sales were illegal securities offerings and imposed a $125 million penalty on the firm. However, this penalty is on hold pending the appeal process.

In light of this, former SEC attorney Marc Fagel says the SEC’s new administration might drop the appeal, potentially leading to a settlement based on the original ruling.

Fagel’s statements have renewed interest in XRP. Community members are watching key dates: January 15, the SEC’s deadline to file another appeal, and January 20, when pro-crypto Paul Atkins may take over as SEC chair.

These key developments could bring long-awaited regulatory clarity for XRP and the broader crypto market. Ripple’s supporters remain hopeful that the case’s resolution will propel XRP to new heights, especially with potential U.S. regulatory clarity during the first 100 days of the incoming Trump administration.

🔸 Trump’s Crypto Tax Plans and #XRP ’s Future

Notably, Trump plans to introduce 0% capital gains taxes on domestic cryptocurrencies. This would be a significant advantage for XRP as it’s the sole top-tier crypto to benefit from this policy.

As speculation mounts, XRP remains one of the most closely watched assets in the crypto space. Advocates are optimistic that a favorable outcome will not only benefit Ripple but also chart the course for other crypto projects in navigating uncertain regulatory landscapes.

#Ripple #SEC
shaidiFeed-Creator-dacf058c0:
very hot
DID ATTORNEY JEREMY HOGAN JUST CONFIRM THE RIPPLE VS. SEC CASE IS NOW OVER? 🤯 #XRP #sec $XRP
DID ATTORNEY JEREMY HOGAN JUST CONFIRM THE RIPPLE VS. SEC CASE IS NOW OVER? 🤯 #XRP #sec
$XRP
Freewind73:
no, ha detto che se anche la sec vorrà portare avanti l'appello, per Ripple non cambierà nulla. Jeremy è convinto che con la nuova amministrazione il caso verrà chiuso presto.
SEC Orders Tai Mo Shan To Pay $123 Million In Penalties Regarding Sale Of LUNA Crypto AssetsAccording to an order dated December 20, 2024, the #SEC instituted cease-and-desist proceedings against Tai Mo Shan Limited, a Cayman company. The order relates to the offer and resale of #LUNA✅ as #Securities into the market on U.S.-based crypto asset trading platforms without being registered. It was further alleged that investors were misled about the efficacy of Terraform’s arbitrage mechanism, which the public believed (based on Terraform’s prior statements) solely maintained UST’s peg to the U.S. dollar.   Tai Mo Shan was ordered to pay disgorgement of $73,452,756, prejudgment interest of $12,916,153 and a civil money penalty of $36,726,378 to the Securities and Exchange Commission.  Securities Act violations Based on the order, Tai Mo Shan entered into agreements with Terraform, the issuer of LUNA. Under these agreements, Tai Mo Shan would receive LUNA crypto assets being offered and sold as securities in exchange for providing services. The order explained: Rather than receive a fee for its services, under these agreements, Tai Mo Shan obtained a loan of LUNA from Terraform, through which Tai Mo Shan received a large number of LUNA for a period of time, typically two years, after which Tai Mo Shan had the option of returning the tokens at no cost or purchasing the loaned tokens at the price specified in the agreement.  The order added: Tai Mo Shan’s services included activities typical of a statutory underwriter; that is, acting as a “conduit[] for the transfer of securities to the public.”  Specifically, Tai Mo Shan acquired LUNA, which was offered and sold as a security, from Terraform in or around the time it was first made available to the public.  The order continued: Tai Mo Shan entered into its first agreement to acquire LUNA on November 19, 2019, approximately seven months after LUNA’s April 24, 2019, launch on the Terra blockchain, but prior to its wider public availability on crypto asset trading platforms. Tai Mo Shan acquired certain LUNA crypto assets offered and sold as securities with a view toward distribution, as evidenced by the fact that Tai Mo Shan offered and resold LUNA as securities into the market on U.S.-based crypto asset trading platforms, shortly after acquiring the crypto assets from Terraform.  From January 2021 to May 2022, Tai Mo Shan facilitated the distribution of LUNA offered and sold as securities by engaging in one-sided trading strategies on U.S.-based crypto asset trading platforms designed to liquidate its LUNA holdings acquired from Terraform by transferring those securities to the public and adding to LUNA’s circulating supply.  Tai Mo Shan profited from these transactions. The order concluded: As a result of the conduct described above, Tai Mo Shan violated Sections 5(a) and 5(c) of the Securities Act because Tai Mo Shan directly or indirectly offered and sold crypto assets being offered and sold as securities on U.S.-based crypto asset trading platforms through the use of interstate commerce when no registration statement was in effect and no exemption from such registration applied. Purchasing UST & Misleading Investors About Arbitrage System In addition to the foregoing, it was alleged that, “In May 2021, Tai Mo Shan acted negligently by engaging in a course of conduct that caused investors to be deceived about the efficacy of Terraform’s arbitrage mechanism, which the public believed—based on Terraform’s prior statements—solely maintained UST’s peg to the U.S. dollar.” The order explained: UST was a crypto asset that Terraform designed to maintain a one-to-one peg to the U.S. dollar, by virtue of an algorithm coded into the Terraform blockchain that tied the value of UST to LUNA.  The algorithm was intended to provide an arbitrage opportunity for traders to keep the price of UST pegged at $1.  If, for example, the market price of UST dropped to $0.95, traders could buy UST at that price and exchange each UST for $1 worth of LUNA by “burning” the UST and “minting” the LUNA through the algorithm.  In theory, this process would reduce the supply of UST and increase its price until it reached a dollar.  The order added: While the value of UST was intended to stay at $1, the value of LUNA could, and did, increase as more investors engaged with the Terraform ecosystem. On May 23, 2021, the price of UST began to sharply fall below its $1 peg.  At that time, Tai Mo Shan and Terraform entered into a verbal agreement whereby Terraform agreed to fully vest the remaining portion of LUNA that was owed to Tai Mo Shan pursuant to its loan agreements with Terraform. Tai Mo Shan made purchases of UST on May 23, 2021 and subsequent days, in a manner that diverged from its historic trading pattern for UST by building a large long position in UST, accumulating more than $20 million worth of UST. The order continued: The investing public, which looks to centralized trading platforms for up-to-the moment market data, would have seen additional demand for, and upward price movement in, UST, but would not have been aware of the extent of UST demand that was coming from Tai Mo Shan’s purchases.  In light of Terraform’s public statements regarding how the arbitrage mechanism operated, Tai Mo Shan should have known that its trading would mislead the investing public to believe that Terraform’s arbitrage mechanism, which was coded into Terraform’s blockchain, alone raised the price of UST back up to $1. Tai Mo Shan should have known that purchasing UST and supporting its price in this manner misled the market about the stability of UST’s peg and the effectiveness of Terraform’s algorithm meant to maintain that stability.     Based on the order, Tai Mo Shan and Terraform’s agreement was memorialized on July 21, 2021.  The order explained, “Pursuant to this amended agreement, Tai Mo Shan began receiving monthly installments of unlocked LUNA in September 2021.” The order added: Tai Mo Shan earned a profit of approximately $73,452,756 million from the sale of the additional LUNA that Tai Mo Shan received from the amended agreement. As a result of the negligent conduct described above, Tai Mo Shan violated Section 17(a)(3) of the Securities Act, which makes it unlawful for any person in the offer or sale of a security to engage “in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.”   As a result of the foregoing, the following orders were made: A. Pursuant to Section 8A of the Securities Act, Respondent Tai Mo Shan cease and desist from committing or causing any violations and any future violations Sections 5(a), 5(c), and 17(a)(3) of the Securities Act. B. Tai Mo Shan shall, within 14 days of the entry of this Order, pay disgorgement of $73,452,756 and prejudgment interest of $12,916,153 to the Securities and Exchange Commission.  If timely payment is not made, additional interest shall accrue pursuant to SEC Rule of Practice 600. C. Tai Mo Shan shall, within 14 days of the entry of this Order, pay a civil money penalty in the amount of $36,726,378 to the Securities and Exchange Commission.

SEC Orders Tai Mo Shan To Pay $123 Million In Penalties Regarding Sale Of LUNA Crypto Assets

According to an order dated December 20, 2024, the #SEC instituted cease-and-desist proceedings against Tai Mo Shan Limited, a Cayman company. The order relates to the offer and resale of #LUNA✅ as #Securities into the market on U.S.-based crypto asset trading platforms without being registered. It was further alleged that investors were misled about the efficacy of Terraform’s arbitrage mechanism, which the public believed (based on Terraform’s prior statements) solely maintained UST’s peg to the U.S. dollar.   Tai Mo Shan was ordered to pay disgorgement of $73,452,756, prejudgment interest of $12,916,153 and a civil money penalty of $36,726,378 to the Securities and Exchange Commission. 
Securities Act violations
Based on the order, Tai Mo Shan entered into agreements with Terraform, the issuer of LUNA. Under these agreements, Tai Mo Shan would receive LUNA crypto assets being offered and sold as securities in exchange for providing services.
The order explained:
Rather than receive a fee for its services, under these agreements, Tai Mo Shan obtained a loan of LUNA from Terraform, through which Tai Mo Shan received a large number of LUNA for a period of time, typically two years, after which Tai Mo Shan had the option of returning the tokens at no cost or purchasing the loaned tokens at the price specified in the agreement. 
The order added:
Tai Mo Shan’s services included activities typical of a statutory underwriter; that is, acting as a “conduit[] for the transfer of securities to the public.”  Specifically, Tai Mo Shan acquired LUNA, which was offered and sold as a security, from Terraform in or around the time it was first made available to the public. 
The order continued:
Tai Mo Shan entered into its first agreement to acquire LUNA on November 19, 2019, approximately seven months after LUNA’s April 24, 2019, launch on the Terra blockchain, but prior to its wider public availability on crypto asset trading platforms. Tai Mo Shan acquired certain LUNA crypto assets offered and sold as securities with a view toward distribution, as evidenced by the fact that Tai Mo Shan offered and resold LUNA as securities into the market on U.S.-based crypto asset trading platforms, shortly after acquiring the crypto assets from Terraform.  From January 2021 to May 2022, Tai Mo Shan facilitated the distribution of LUNA offered and sold as securities by engaging in one-sided trading strategies on U.S.-based crypto asset trading platforms designed to liquidate its LUNA holdings acquired from Terraform by transferring those securities to the public and adding to LUNA’s circulating supply.  Tai Mo Shan profited from these transactions.

The order concluded:
As a result of the conduct described above, Tai Mo Shan violated Sections 5(a) and 5(c) of the Securities Act because Tai Mo Shan directly or indirectly offered and sold crypto assets being offered and sold as securities on U.S.-based crypto asset trading platforms through the use of interstate commerce when no registration statement was in effect and no exemption from such registration applied.
Purchasing UST & Misleading Investors About Arbitrage System
In addition to the foregoing, it was alleged that, “In May 2021, Tai Mo Shan acted negligently by engaging in a course of conduct that caused investors to be deceived about the efficacy of Terraform’s arbitrage mechanism, which the public believed—based on Terraform’s prior statements—solely maintained UST’s peg to the U.S. dollar.”
The order explained:
UST was a crypto asset that Terraform designed to maintain a one-to-one peg to the U.S. dollar, by virtue of an algorithm coded into the Terraform blockchain that tied the value of UST to LUNA.  The algorithm was intended to provide an arbitrage opportunity for traders to keep the price of UST pegged at $1.  If, for example, the market price of UST dropped to $0.95, traders could buy UST at that price and exchange each UST for $1 worth of LUNA by “burning” the UST and “minting” the LUNA through the algorithm.  In theory, this process would reduce the supply of UST and increase its price until it reached a dollar. 
The order added:
While the value of UST was intended to stay at $1, the value of LUNA could, and did, increase as more investors engaged with the Terraform ecosystem. On May 23, 2021, the price of UST began to sharply fall below its $1 peg.  At that time, Tai Mo Shan and Terraform entered into a verbal agreement whereby Terraform agreed to fully vest the remaining portion of LUNA that was owed to Tai Mo Shan pursuant to its loan agreements with Terraform. Tai Mo Shan made purchases of UST on May 23, 2021 and subsequent days, in a manner that diverged from its historic trading pattern for UST by building a large long position in UST, accumulating more than $20 million worth of UST.
The order continued:
The investing public, which looks to centralized trading platforms for up-to-the moment market data, would have seen additional demand for, and upward price movement in, UST, but would not have been aware of the extent of UST demand that was coming from Tai Mo Shan’s purchases.  In light of Terraform’s public statements regarding how the arbitrage mechanism operated, Tai Mo Shan should have known that its trading would mislead the investing public to believe that Terraform’s arbitrage mechanism, which was coded into Terraform’s blockchain, alone raised the price of UST back up to $1. Tai Mo Shan should have known that purchasing UST and supporting its price in this manner misled the market about the stability of UST’s peg and the effectiveness of Terraform’s algorithm meant to maintain that stability.    
Based on the order, Tai Mo Shan and Terraform’s agreement was memorialized on July 21, 2021. 
The order explained, “Pursuant to this amended agreement, Tai Mo Shan began receiving monthly installments of unlocked LUNA in September 2021.”
The order added:
Tai Mo Shan earned a profit of approximately $73,452,756 million from the sale of the additional LUNA that Tai Mo Shan received from the amended agreement. As a result of the negligent conduct described above, Tai Mo Shan violated Section 17(a)(3) of the Securities Act, which makes it unlawful for any person in the offer or sale of a security to engage “in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.”  
As a result of the foregoing, the following orders were made:
A. Pursuant to Section 8A of the Securities Act, Respondent Tai Mo Shan cease and desist from committing or causing any violations and any future violations Sections 5(a), 5(c), and 17(a)(3) of the Securities Act. B. Tai Mo Shan shall, within 14 days of the entry of this Order, pay disgorgement of $73,452,756 and prejudgment interest of $12,916,153 to the Securities and Exchange Commission.  If timely payment is not made, additional interest shall accrue pursuant to SEC Rule of Practice 600. C. Tai Mo Shan shall, within 14 days of the entry of this Order, pay a civil money penalty in the amount of $36,726,378 to the Securities and Exchange Commission.
See original
SEC: Crypto-regulation1. The end of an era at the SEC: A breath of fresh air for cryptocurrencies? The possible withdrawal of cryptocurrency lawsuits under Gary Gensler's mandate could open a new chapter for the sector, boosting hopes for clearer and more investor-friendly regulation. Is this the change the industry needed? 2. The return of freedom for cryptocurrencies? If the SEC drops lawsuits without clear fraud, it could pave the way for a less hostile environment for crypto projects. But, is this a breakthrough or just a trick to buy time before an even stricter regulation?

SEC: Crypto-regulation

1. The end of an era at the SEC: A breath of fresh air for cryptocurrencies?
The possible withdrawal of cryptocurrency lawsuits under Gary Gensler's mandate could open a new chapter for the sector, boosting hopes for clearer and more investor-friendly regulation. Is this the change the industry needed?
2. The return of freedom for cryptocurrencies?
If the SEC drops lawsuits without clear fraud, it could pave the way for a less hostile environment for crypto projects. But, is this a breakthrough or just a trick to buy time before an even stricter regulation?
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Crypto Gets a Breath of Fresh Air as Anti-Crypto Officials ResignThe resignation of Michael Barr and other top leaders is opening up new opportunities for the crypto industry in the US, especially as Donald Trump's pro-crypto administration is about to take office. Michael Barr Resigns: A Positive Sign For Crypto Michael Barr, Vice Chairman for Supervision of the US Federal Reserve (#Fed ), has announced that he will leave his position on February 28. The decision comes amid the politicization of senior leadership positions at financial regulators, as President-elect Donald Trump prepares to take office.

Crypto Gets a Breath of Fresh Air as Anti-Crypto Officials Resign

The resignation of Michael Barr and other top leaders is opening up new opportunities for the crypto industry in the US, especially as Donald Trump's pro-crypto administration is about to take office.

Michael Barr Resigns: A Positive Sign For Crypto

Michael Barr, Vice Chairman for Supervision of the US Federal Reserve (#Fed ), has announced that he will leave his position on February 28. The decision comes amid the politicization of senior leadership positions at financial regulators, as President-elect Donald Trump prepares to take office.
In 2 days the cryptocurrency market loses more than 300 billion and people are scared. In this mess, ETFs take advantage by buying $BTC and $ETH . #Bitcoin on Google tends rise as its dominance regains 2 percentage points. Altcoins lose ground. Waiting for the #SEC speech, more blood on the #CryptoMarket ? #squarecreator
In 2 days the cryptocurrency market loses more than 300 billion and people are scared. In this mess, ETFs take advantage by buying $BTC and $ETH . #Bitcoin on Google tends rise as its dominance regains 2 percentage points. Altcoins lose ground. Waiting for the #SEC speech, more blood on the #CryptoMarket ?
#squarecreator
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Changes at the US SEC: Here's How Crypto Could Shine in 2025The year 2025 begins with high hopes for the crypto sector, which is preparing for major regulatory changes. The US Securities and Exchange Commission (SEC) is undergoing a significant transformation, marking a new era for the crypto industry. Donald Trump's election victory and the appointment of pro-crypto figures such as Paul Atkins and David Sacks have fueled this optimism. Many see this as a major turning point, especially after Gary Gensler’s hardline approach to the crypto industry. His tenure was marked by regulatory uncertainty and legal battles with industry leaders.

Changes at the US SEC: Here's How Crypto Could Shine in 2025

The year 2025 begins with high hopes for the crypto sector, which is preparing for major regulatory changes. The US Securities and Exchange Commission (SEC) is undergoing a significant transformation, marking a new era for the crypto industry.

Donald Trump's election victory and the appointment of pro-crypto figures such as Paul Atkins and David Sacks have fueled this optimism.

Many see this as a major turning point, especially after Gary Gensler’s hardline approach to the crypto industry. His tenure was marked by regulatory uncertainty and legal battles with industry leaders.
🚨 EXCITING NEWS! Gensler Is OUT on January 20, 2025!!!!! Hate him or hate him, Gensler has been THE face of crypto regulation in the U.S. during one of the industry’s most turbulent times. His leadership? Let’s just say it’s been... polarizing. On one hand, he went after bad actors, cracking down on scams and shady projects. But on the other? Many argue he suffocated innovation, leaving the U.S. lagging behind friendlier crypto hubs. (C’mon, how long does it take to figure out clear rules for crypto?!) So, why is this huge? With Gensler out and Trump coming in—who’s known to be pro-crypto—we might see a shift in the SEC’s tone. A softer stance? A focus on clarity over enforcement? We could be entering a new chapter where innovation takes the lead. What’s Happening Right Now: - Crypto prices are surging: Bitcoin and Ethereum saw immediate spikes after the announcement. The market smells opportunity. 💰 - Speculation on the new SEC Chair: Rumors are swirling about a more crypto-friendly replacement. Names like Hester Peirce (“Crypto Mom”) are getting tossed around. What This Means for You: 1️⃣ The next SEC Chair will shape crypto’s future. A pro-crypto leader could mean fewer crackdowns and more innovation 2️⃣ This might be the best time to double down on research. Projects focused on real-world utility might thrive in a friendlier regulatory landscape 3️⃣ Stay cautious. While optimism is high, we’re not out of the woods. Clarity will take time Gensler stepping down isn’t just news—it’s a signal that big changes could be coming. 2025 could be THE year crypto turns a corner. Follow @Mende for more updates! #Gensler #SEC #GaryGensler #DonaldTrump #Trump $BTC $XRP $DOGE
🚨 EXCITING NEWS! Gensler Is OUT on January 20, 2025!!!!!

Hate him or hate him, Gensler has been THE face of crypto regulation in the U.S. during one of the industry’s most turbulent times. His leadership? Let’s just say it’s been... polarizing. On one hand, he went after bad actors, cracking down on scams and shady projects. But on the other? Many argue he suffocated innovation, leaving the U.S. lagging behind friendlier crypto hubs. (C’mon, how long does it take to figure out clear rules for crypto?!)

So, why is this huge? With Gensler out and Trump coming in—who’s known to be pro-crypto—we might see a shift in the SEC’s tone. A softer stance? A focus on clarity over enforcement? We could be entering a new chapter where innovation takes the lead.

What’s Happening Right Now:

- Crypto prices are surging: Bitcoin and Ethereum saw immediate spikes after the announcement. The market smells opportunity. 💰
- Speculation on the new SEC Chair: Rumors are swirling about a more crypto-friendly replacement. Names like Hester Peirce (“Crypto Mom”) are getting tossed around.

What This Means for You:
1️⃣ The next SEC Chair will shape crypto’s future. A pro-crypto leader could mean fewer crackdowns and more innovation
2️⃣ This might be the best time to double down on research. Projects focused on real-world utility might thrive in a friendlier regulatory landscape
3️⃣ Stay cautious. While optimism is high, we’re not out of the woods. Clarity will take time

Gensler stepping down isn’t just news—it’s a signal that big changes could be coming. 2025 could be THE year crypto turns a corner.

Follow @Professor Mende - Bonuz Ecosystem Founder for more updates!

#Gensler #SEC #GaryGensler #DonaldTrump #Trump $BTC $XRP $DOGE
Jennifer Bingga:
🚀🚀🚀🚀
Evening News Update #Web3 💸 Bitcoin miners like Mara and Riot are boosting $BTC reserves, following MicroStrategy’s lead, driven by the “Trump effect” and investing $1.8B in Bitcoin over two months. 🏦 OCBC launches blockchain-based tokenized corporate bonds, enabling Singaporean firms to invest as low as 1,000 SGD with customizable terms and rates. 📈 Bitcoin breaks $100K, fueled by $1.1B ETF inflows and MicroStrategy’s $100M $BTC purchase, while Ethereum struggles to breach $4K, says analyst Valentin Fournier. ⏳ Gary Gensler steps down as #SEC Chair in less than two weeks, with Trump set to nominate Paul Atkins as his successor. ✔ #Binanc e CEO Richard Teng announces plans to heavily invest in compliance as a competitive edge, reinforcing remote-first policies to boost productivity. #btcmining #MicroStrategy
Evening News Update #Web3

💸 Bitcoin miners like Mara and Riot are boosting $BTC reserves, following MicroStrategy’s lead, driven by the “Trump effect” and investing $1.8B in Bitcoin over two months.

🏦 OCBC launches blockchain-based tokenized corporate bonds, enabling Singaporean firms to invest as low as 1,000 SGD with customizable terms and rates.

📈 Bitcoin breaks $100K, fueled by $1.1B ETF inflows and MicroStrategy’s $100M $BTC purchase, while Ethereum struggles to breach $4K, says analyst Valentin Fournier.

⏳ Gary Gensler steps down as #SEC Chair in less than two weeks, with Trump set to nominate Paul Atkins as his successor.

#Binanc e CEO Richard Teng announces plans to heavily invest in compliance as a competitive edge, reinforcing remote-first policies to boost productivity.

#btcmining #MicroStrategy
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SEC AND XRP: Is the outcome near?1. The future of XRP hangs by a thread: Is the resolution near? The legal dispute between Ripple and the SEC could be resolved in April or May, leaving XRP at a critical juncture. If the case is resolved in favor of Ripple, it could mean an increase in its global adoption. 2. A legal precedent that impacts all cryptocurrencies The outcome of this case not only affects XRP but will also set a crucial precedent for cryptocurrency regulation in the United States. If the SEC loses, other cryptos could benefit from greater regulatory clarity.

SEC AND XRP: Is the outcome near?

1. The future of XRP hangs by a thread: Is the resolution near?

The legal dispute between Ripple and the SEC could be resolved in April or May, leaving XRP at a critical juncture. If the case is resolved in favor of Ripple, it could mean an increase in its global adoption.
2. A legal precedent that impacts all cryptocurrencies

The outcome of this case not only affects XRP but will also set a crucial precedent for cryptocurrency regulation in the United States. If the SEC loses, other cryptos could benefit from greater regulatory clarity.
See original
Ripple's case with the US Securities and Exchange Commission represents a significant turning point in the world of cryptocurrencies.$XRP Ripple CEO Expresses Desire to Collaborate with New CFI Leadership SEC Ripple CEO Brad Garlinghouse expressed his strong desire to collaborate with the new leadership of the Securities and Exchange Commission. Finance and US Stock Exchanges This statement has sparked speculation in the industry about the possibility of settling the case or even dropping it.

Ripple's case with the US Securities and Exchange Commission represents a significant turning point in the world of cryptocurrencies.

$XRP
Ripple CEO Expresses Desire to Collaborate with New CFI Leadership

SEC
Ripple CEO Brad Garlinghouse expressed his strong desire to collaborate with the new leadership of the Securities and Exchange Commission.

Finance and US Stock Exchanges This statement has sparked speculation in the industry about the possibility of settling the case or even dropping it.
Is the new Congress a new hope?Recently, Ripple CEO Brad Garlinghouse made a loud statement: the 119th US Congress will be the most "pro-crypto" in history. This gives hope for improved regulation and support for blockchain innovation in the country. Let's look at why this is so important for the crypto industry. What is special about the new Congress? According to Garlinghouse, the key factor is a change in policy. After six years of Democratic leadership, Republicans are back in control of Congress. This is an important moment for the cryptocurrency industry, which has suffered from excessive regulatory pressure in recent years, especially from the Securities and Exchange Commission (SEC). Ripple has been fighting the SEC in court for more than four years, defending its XRP token from accusations that it is allegedly a security. The new composition of the Congress may weaken the strict SEC policy and help the company to get out of this conflict with fewer losses. Why is the crypto industry Optimistic? Support for innovation. There are many lawmakers working in Congress who openly support cryptocurrencies. For example, representative French Hill stated that he would promote laws such as the FIT21 Law aimed at regulating stablecoins and other initiatives for clear rules of the game. The influence of crypto companies. The cryptocurrency industry actively participated in the 2024 elections, sponsoring more than 200 lawmakers through lobbying organizations such as Stand With Crypto. This shows that the crypto industry has a significant influence on decision-making. A chance for change. The change of leadership at the SEC, which experts are already talking about, may be a key moment to improve the situation. Problems that need to be solved Despite his optimism, Garlinghouse stresses that the industry is facing serious challenges.: Companies leaving the USA. Due to strict regulations, many crypto companies prefer to develop outside the country, where conditions are more favorable. Difficulties with banking services. The policy, known as Operation Crossroads 2.0, has made it difficult for crypto companies to access banking services, which has become a major barrier to business. What should the United States do? Garlinghouse believes that America must act quickly but deliberately. While China is actively expanding its technology in emerging markets, the United States risks losing its leadership in this area. To do this, it is necessary: Introduce a clear and balanced regulatory policy. Eliminate business obstacles. Support innovation, not suppress it. "It's important not just to catch up with the competition, but to stay ahead," says Garlinghouse. The new Congress is a new stage for cryptocurrencies . The 119th Congress may be an important step for the entire industry. If the United States can establish clear and fair regulation, it will open up new opportunities for businesses, investors, and technology. According to Garlinghouse, America now has a unique chance to strengthen its leadership in the cryptocurrency sphere. And this chance should not be missed. If you are interested in the future of cryptocurrencies, this is the moment when you can expect real changes. $XRP #SEC #crypto

Is the new Congress a new hope?

Recently, Ripple CEO Brad Garlinghouse made a loud statement: the 119th US Congress will be the most "pro-crypto" in history. This gives hope for improved regulation and support for blockchain innovation in the country. Let's look at why this is so important for the crypto industry.
What is special about the new Congress?
According to Garlinghouse, the key factor is a change in policy. After six years of Democratic leadership, Republicans are back in control of Congress. This is an important moment for the cryptocurrency industry, which has suffered from excessive regulatory pressure in recent years, especially from the Securities and Exchange Commission (SEC).
Ripple has been fighting the SEC in court for more than four years, defending its XRP token from accusations that it is allegedly a security. The new composition of the Congress may weaken the strict SEC policy and help the company to get out of this conflict with fewer losses.
Why is the crypto industry Optimistic?
Support for innovation.
There are many lawmakers working in Congress who openly support cryptocurrencies. For example, representative French Hill stated that he would promote laws such as the FIT21 Law aimed at regulating stablecoins and other initiatives for clear rules of the game.
The influence of crypto companies.
The cryptocurrency industry actively participated in the 2024 elections, sponsoring more than 200 lawmakers through lobbying organizations such as Stand With Crypto. This shows that the crypto industry has a significant influence on decision-making.
A chance for change.
The change of leadership at the SEC, which experts are already talking about, may be a key moment to improve the situation.
Problems that need to be solved
Despite his optimism, Garlinghouse stresses that the industry is facing serious challenges.:
Companies leaving the USA.
Due to strict regulations, many crypto companies prefer to develop outside the country, where conditions are more favorable.
Difficulties with banking services.
The policy, known as Operation Crossroads 2.0, has made it difficult for crypto companies to access banking services, which has become a major barrier to business.
What should the United States do?
Garlinghouse believes that America must act quickly but deliberately. While China is actively expanding its technology in emerging markets, the United States risks losing its leadership in this area.
To do this, it is necessary:
Introduce a clear and balanced regulatory policy.
Eliminate business obstacles.
Support innovation, not suppress it.
"It's important not just to catch up with the competition, but to stay ahead," says Garlinghouse.
The new Congress is a new stage for cryptocurrencies
. The 119th Congress may be an important step for the entire industry. If the United States can establish clear and fair regulation, it will open up new opportunities for businesses, investors, and technology.
According to Garlinghouse, America now has a unique chance to strengthen its leadership in the cryptocurrency sphere. And this chance should not be missed.
If you are interested in the future of cryptocurrencies, this is the moment when you can expect real changes.
$XRP #SEC #crypto
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John Deaton: Banks must serve crypto companies without restrictions! Renowned lawyer John Deaton has sharply criticized the ChokePoint 2.0 operation, calling it an attack on capitalism and the free market. He argues that restricting crypto companies' access to banking services is unacceptable, as it allows officials to decide who will succeed and who will not. Key points: * ChokePoint 2.0: Deaton considers this operation a serious threat to the US economy. * Custodia Bank case: The bank's lawsuit against the Federal Reserve is an important precedent for the entire crypto industry. The decision will show whether America will protect free enterprise or allow bureaucrats to dictate their terms. ⚖️ * Call to Trump: Deaton urges the president to ensure equal access to financial infrastructure for all who work with digital assets. 🇺🇸 * Criticism of Elizabeth Warren: Previously, Deaton accused Senator Warren of pressuring the SEC to intensify the prosecution of crypto companies. Deaton emphasizes that free access to banking services for crypto businesses is the key to America's economic leadership. #cryptocurrency #Deaton #ChokePoint2 #CustodiaBank #Трамп #SEC
John Deaton: Banks must serve crypto companies without restrictions!
Renowned lawyer John Deaton has sharply criticized the ChokePoint 2.0 operation, calling it an attack on capitalism and the free market. He argues that restricting crypto companies' access to banking services is unacceptable, as it allows officials to decide who will succeed and who will not.
Key points:
* ChokePoint 2.0: Deaton considers this operation a serious threat to the US economy.
* Custodia Bank case: The bank's lawsuit against the Federal Reserve is an important precedent for the entire crypto industry. The decision will show whether America will protect free enterprise or allow bureaucrats to dictate their terms. ⚖️
* Call to Trump: Deaton urges the president to ensure equal access to financial infrastructure for all who work with digital assets. 🇺🇸
* Criticism of Elizabeth Warren: Previously, Deaton accused Senator Warren of pressuring the SEC to intensify the prosecution of crypto companies.
Deaton emphasizes that free access to banking services for crypto businesses is the key to America's economic leadership.
#cryptocurrency #Deaton #ChokePoint2 #CustodiaBank #Трамп #SEC
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