Mark your calendars, Sunday, December 1st, because Ripple’s CEO, Brad Garlinghouse, is stepping into the limelight on 60 Minutes! 🎙️ This highly anticipated interview is set to reveal groundbreaking updates that could shake the crypto world.

💎 Could RLUSD Be the Game-Changer for $XRP ?
Rumors are swirling that Garlinghouse will unveil Ripple’s latest innovation: RLUSD, a stablecoin designed to complement XRP and revolutionize cross-border payments. If true, this could position Ripple as the leader in blockchain-powered finance.

🗓️ All Eyes on December 4th
Ripple insiders hint at December 4th as the potential launch date for RLUSD. If this goes live, we’re looking at a massive milestone for Ripple’s ecosystem and XRP’s role in the global financial infrastructure.

Why This Matters for XRP Holders
Enhanced Utility: RLUSD could amplify XRP’s use case in real-world transactions.
Increased Adoption: Ripple’s push into stablecoins could attract institutional and retail users alike.
Price Potential: Major announcements like this often spark market momentum—don’t blink!

🚀 Get Ready for Ripple’s Next Big Move! 🚀
Stay tuned to 60 Minutes this Sunday for what could be one of the most pivotal moments in Ripple’s history. $XRP holders, the future is looking brighter than ever!
💬 What’s your take? Will RLUSD reshape Ripple’s ecosystem? Share your thoughts below!
#XRP #RLUSD #RippleRevolution #BradGarlinghouse #BinanceUpdates
$XRP

Citibank Debanks Ripple's Brad Garlinghouse Over Crypto Concerns! 🚨
In a significant development for the crypto community, Brad Garlinghouse, CEO of Ripple, has revealed that Citibank has debanked him, citing concerns over his involvement in the crypto space. Garlinghouse shared this news during an interview, highlighting how traditional financial institutions are increasingly distancing themselves from crypto entrepreneurs. 💸
Garlinghouse has been a vocal advocate for the transformative potential of blockchain and digital assets like XRP. However, it appears that the growing scrutiny on crypto by regulators and banks is affecting even top leaders in the space. This news has sparked a debate on the need for banks to embrace innovation rather than shut out those pioneering it. 🏦
While Citibank’s decision raises concerns about the future relationship between traditional finance and crypto, Garlinghouse emphasized that Ripple and XRP remain strong, continuing to build partnerships globally. 🌍 The debanking of high-profile figures like Garlinghouse suggests that crypto adoption, despite its rapid growth, still faces obstacles from legacy institutions.
What Does This Mean for Crypto Investors?
For XRP holders and the broader crypto community, this could be a signal that banks are feeling increasingly threatened by decentralized finance (DeFi) and blockchain technology. However, it also highlights the resilience of crypto leaders who continue to push the boundaries despite institutional resistance. 🔥
What do you think about Citibank's move? Is this a sign of more traditional banks taking a stand against crypto, or is it just temporary friction in the transition to a digital financial future? Let’s discuss! 💬👇
#Ripple #xrpsucess #BradGarlinghouse #CryptoNews🚀🔥V #BlockchainLifeAwards2024

Brad Garlinghouse, CEO of Ripple, has predicted a significant shift in the cryptocurrency industry, regardless of the outcome of the 2024 U.S. presidential election.
At the 8th Annual Washington DC Fintech Week, Garlinghouse highlighted the challenges currently facing the sector, particularly under the Biden administration, which he criticized for its “hostile” approach towards digital assets.
According to him, the crypto industry is on the verge of a major reset, regardless of whether Donald Trump or current Vice President Kamala Harris takes office next year.
The post "Ripple CEO Predicts Crypto Reset Ahead of 2024 U.S. Presidential Election" first appeared on 36crypto.com News.
#ScrollOnBinance #Ripple💰 #BradGarlinghouse #XRP_ETF

Pro-XRP lawyer Fred Rispoli shed light on Ripple's strategy for their ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Rispoli suggested that certain securities laws will play a crucial role in Ripple’s appeal, adding a new dimension to the case. Additionally, CEO #BradGarlinghouse reaffirmed that XRP is not a security, calming concerns within the community.
What will be Ripple's master move in the mutual appeal?
Rispoli's comments came after the SEC announced its intention to appeal the federal judge’s decision in their case against Ripple. On October 2, the SEC filed an appeal with the Second Circuit Court of Appeals, continuing its four-year legal fight with #Ripple💰 . The #SEC claims that Ripple’s sale of #Xrp🔥🔥 tokens violated federal securities laws.
Fred Rispoli, known for his strong pro-XRP stance, outlined a timeline for the legal proceedings while emphasizing the importance of Ripple’s strategy. He stated that Ripple will likely rely on so-called "blue sky" laws, which are state securities laws designed to protect investors from fraudulent practices and unregistered securities sales.
When asked how these laws would factor into Ripple’s defense, Rispoli simply responded, "Ripple will use this argument in its cross-appeal." Blue sky laws are named after the idea that some speculative investment schemes have no value other than "blue sky."
These laws require strict regulation of securities offerings at the state level, including the registration of securities, regulation of brokers, and licensing of investment professionals. Their goal is to protect investors from fraudulent sales practices and worthless investments.
The Key Role of Blue Sky Laws
Rispoli’s mention of blue sky laws adds an intriguing layer to Ripple’s legal strategy. While federal securities laws, which the SEC is enforcing, have been the main battleground, introducing state-level regulations could undermine the SEC's arguments.
Blue sky laws vary from state to state, which could provide Ripple with an additional legal advantage. If the company can prove that the sales of XRP did not violate these state laws, it could strengthen its defense.
Details of the SEC's Appeal
The SEC is currently seeking to overturn a significant portion of the July 2023 ruling by Judge Analisa Torres. The judge ruled that while institutional sales of XRP violated federal securities laws, sales to retail investors did not.
The SEC failed in its attempt to file a preliminary appeal against this ruling. Despite this setback, it continues its efforts with the Second Circuit Court of Appeals, aiming to challenge the interpretation of securities laws.
An official statement from the SEC spokesperson said the judge’s decision is inconsistent with "decades of Supreme Court precedent and securities laws." The SEC remains confident in the success of its appeal.

However, Ripple remains equally determined. Brad Garlinghouse, in his response to the SEC’s appeal, was highly critical. On the X platform (formerly Twitter), he wrote:
"If Gensler and the SEC were rational, this case would have been dropped a long time ago. This case has done nothing to protect investors but has instead damaged the SEC’s credibility and reputation."
Garlinghouse further stated that the SEC has "lost on all significant points." He also emphasized that XRP's status as an unregistered security has now become a legal precedent. He added that the SEC's failed attempt at a preliminary appeal suggested they "have no intention of challenging XRP's status as an unregistered security."

#RippleVsSEC

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.“

 

#Ripple💰 isn't backing down! After the SEC filed its appeal, Ripple hit right back with a cross-appeal. Their Chief Legal Officer, Stuart Alderoty, says they're leaving no stone unturned to ensure victory. He even teased that SEC Chair #gensler is set for another defeat, calling it a "misguided attack" on the crypto industry. 🥊

Ripple CEO #BradGarlinghouse also jumped in, accusing the SEC of creating chaos instead of providing clarity for the US crypto market. He’s confident Ripple will win again, crushing the SEC’s "regulation-by-enforcement" tactics. 🏆

And guess what? $XRP
’s price jumped 2% right after the news! 🚀 Could Ripple’s legal victories lead to bigger gains for #Xrp🔥🔥 holders?
#10MTradersLeague

#Ripple💰 is yet to get into the specifics of its cross-appeal
San Francisco-based enterprise blockchain company Ripple has filed a cross-appeal of the court's final judgment. 
As reported by @WISE MOONBIX , Ripple was ordered to pay a $125 million fine by Judge Analisa Torres in August. 
The SEC filed its own notice of appeal in the Ripple case earlier this month. 
For now, however, it is not clear what exactly the regulator is going to appeal. Many have speculated that the SEC might target the July 2023 ruling, which recognized secondary #Xrp🔥🔥 sales as non-securities. 
SEC Sued by Crypto Giant
The specifics of the SEC's appeal and Ripple's cross-appeal will become known once the two companies file their respective opening briefs. 
The $XRP
price is currently changing hands at $0.54, according to CoinGecko data. 
"Sealing the SEC's fate"  
According to Stuart Alderoty, chief legal officer at Ripple, the cross-appeal is meant to ensure that nothing is left on the table. At the same time, he has noted that the SEC is not going to appeal the ruling that the XRP token is a non-security. 
Alderoty believes that Ripple will go after Ripple's XRP sales on #exchanges and the company's other distributions of the token. "They’ll likely go after these again - and they will lose on both again," he added. 
Ripple CEO #BradGarlinghouse has slammed the agency for "creating havoc," adding that his company is looking forward to "sealing the SEC's fate." "Ripple was the industry leader in the first go-round in court and we look forward to leading the way in this round as well," Garlinghouse said.      
#moonbix

Ripple CEO Brad Garlinghouse recently shed light on the underlying factors that have led to the reluctance of US banking institutions to fully adopt cryptocurrencies, particularly XRP, despite Ripple’s significant legal victory against the Securities and Exchange Commission (SEC).
Speaking at the DC Fintech Week conference, Garlinghouse emphasized that US banks remain cautious about engaging with digital assets due to the broader governmental stance towards the crypto industry.
He specifically pointed to the prevailing hostility from authorities, including the Options Clearing Corporation (OCC), which has made banks hesitant to embrace crypto despite Ripple’s legal success.
Governmental Hostility Hinders Meaningful Engagement
Garlinghouse highlighted the concerns raised by banks, stating, “Even though you won the case, the United States government is still hostile towards crypto. The OCC is hostile towards crypto.” This sentiment has resulted in a lack of meaningful engagement by US banks in the crypto space, as they remain skeptical of the regulatory environment.
Expressing his concerns, Garlinghouse highlighted the potential consequences of the United States failing to provide a conducive regulatory environment for the crypto industry.
He pointed to other countries, such as the United Arab Emirates and the United Kingdom, which are actively advancing their market share by adopting clear policies and attracting significant crypto-related investments.
“I don’t think the window has passed for the US to be a leader. But I think every day that goes by, these other markets, they want the entrepreneurs there, they want growth,” Garlinghouse cautioned.
Ripple’s Strategic Focus Shifts Outside the US
Despite the challenges faced in the US, Garlinghouse expressed optimism about establishing a beneficial regulatory framework for crypto within the next decade. In the meantime, Ripple intends to redirect its growth efforts outside the United States, where the operational environment is more favorable and supportive.
“Why would I want to hire more and more people in the United States when the US is making it hostile for me to operate here?” Garlinghouse questioned.
Yassin Mobarak, founder of Dizercapital, echoed Garlinghouse’s sentiment, suggesting that widespread crypto adoption may not occur under the current US administration.
Mobarak believes that a different administration in the White House may be necessary to witness substantial adoption of XRP and cryptocurrencies as a whole within the United States.

Clear and Supportive Regulation Crucial for Crypto Growth
Garlinghouse’s comments underline the critical importance of clear and supportive regulation for the growth and adoption of cryptocurrencies.
The United States has a unique opportunity to position itself as a leader in the global crypto economy. However, to achieve this, it must provide the industry with the much-needed clarity and regulatory certainty it requires to thrive.
⚠️Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple #BradGarlinghouse #XRP $XRP