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The U.S. Court of Appeals for the Second Circuit has ordered the Securities and Exchange Commission (SEC) to file an appellate brief in the case against Ripple Labs no later than January 15, 2025. This decision was made on October 31, 2024, following a request from the SEC for an extension of the filing deadline.
The court warned that failure to meet this deadline will result in the appeal being dismissed, and any requests for extensions will not change the established date.
Earlier, in October 2024, the SEC filed a notice of appeal on the decision by Judge Analisa Torres, who ruled that the sales of XRP tokens on public exchanges are not considered securities. The SEC argues that this decision contradicts precedents set by the U.S. Supreme Court.
The appellate court's decision to establish a strict deadline for the filing of the appellate brief underscores the importance of adhering to procedural deadlines in this case. The outcome of the appeal is expected to have a significant impact on the regulation of the cryptocurrency market in the U.S. $XRP
The court warned that failure to meet this deadline will result in the appeal being dismissed, and any requests for extensions will not change the established date.
Earlier, in October 2024, the SEC filed a notice of appeal on the decision by Judge Analisa Torres, who ruled that the sales of XRP tokens on public exchanges are not considered securities. The SEC argues that this decision contradicts precedents set by the U.S. Supreme Court.
The appellate court's decision to establish a strict deadline for the filing of the appellate brief underscores the importance of adhering to procedural deadlines in this case. The outcome of the appeal is expected to have a significant impact on the regulation of the cryptocurrency market in the U.S. $XRP
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normal
How do you like this beat?
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Gala announced a partnership with Staynex, a next-generation travel platform. As part of this partnership, GalaChain technology is used to enhance the user experience.
$GALA
$GALA
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Ripple recently launched a new stablecoin, RLUSD, which is pegged to the US dollar and is fully backed by dollar deposits, US government bonds, and cash equivalents. RLUSD is already listed on exchanges such as Uphold, Bitso, MoonPay, Archax, and CoinMENA, with plans to expand to other platforms. Additionally, Kenneth Montgomery, former first vice president of the Federal Reserve Bank of Boston, has joined the RLUSD advisory board, adding credibility to the new asset.
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fake
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I have the same situation
lost everything
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and what if the red one doesn't automatically close you?
And now we play big 😱
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Pol Atkins, former SEC commissioner, has become the leading candidate for the position of head of the U.S. Securities and Exchange Commission after Gary Gensler announced his resignation. Atkins is known for his support of cryptocurrencies and blockchain technologies. Unlike Gensler, whose policies regarding cryptocurrency were often considered overly strict, Atkins tends to favor a more balanced approach, suggesting greater freedom for innovation in the crypto industry.
Such an appointment could mean improved conditions for cryptocurrencies, including tokens like RSR (Reserve Rights Token), as it is expected that under his leadership the SEC may soften its regulatory stance. It is also possible that the regulation of cryptocurrencies will be partially transferred to other regulatory bodies, such as the Commodity Futures Trading Commission (CFTC), which would also contribute to improving the situation for cryptocurrency projects
$RSR
Such an appointment could mean improved conditions for cryptocurrencies, including tokens like RSR (Reserve Rights Token), as it is expected that under his leadership the SEC may soften its regulatory stance. It is also possible that the regulation of cryptocurrencies will be partially transferred to other regulatory bodies, such as the Commodity Futures Trading Commission (CFTC), which would also contribute to improving the situation for cryptocurrency projects
$RSR
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Cardano (ADA) is not just a cryptocurrency, but a revolutionary ecosystem that is changing the approach to blockchain technology. What makes it special? Smart contracts that are safer and cheaper than those of competitors. Real projects, such as the digitization of education in Africa. A scientific approach that makes Cardano one of the most reliable platforms.
Want to know more? Why do experts believe in its future and how can it become part of the global economy? Google it! Cardano is a story that is just beginning.
How do you assess the future of Cardano (ADA)?
$ADA
Want to know more? Why do experts believe in its future and how can it become part of the global economy? Google it! Cardano is a story that is just beginning.
How do you assess the future of Cardano (ADA)?
$ADA
Очень перспективно
58%
Не верю в рост
13%
Потенциал есть, но не уверен
22%
Еще рано делать выводы
7%
244 votes • Voting closed
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Paul Atkins, known for his position as a supporter of digital assets, is a leading candidate for the position of SEC chairman.
The term of the outgoing SEC chairman Gary Gensler was marked by aggressive measures against cryptocurrency companies.
Paul Atkins's appointment as SEC chairman could impact the RSR token (Reserve Protocol).
The main point to note is his tendency to reduce bureaucratic barriers for the crypto industry and the possible shift of cryptocurrency regulation to more supportive structures, such as the CFTC, which may be less stringent in terms of regulation. This could potentially increase investor interest in projects like RSR, which is focused on decentralized finance and payment systems.
"As for the timing of the appointment, the decision on the new SEC chairman is expected in January 2025"
The term of the outgoing SEC chairman Gary Gensler was marked by aggressive measures against cryptocurrency companies.
Paul Atkins's appointment as SEC chairman could impact the RSR token (Reserve Protocol).
The main point to note is his tendency to reduce bureaucratic barriers for the crypto industry and the possible shift of cryptocurrency regulation to more supportive structures, such as the CFTC, which may be less stringent in terms of regulation. This could potentially increase investor interest in projects like RSR, which is focused on decentralized finance and payment systems.
"As for the timing of the appointment, the decision on the new SEC chairman is expected in January 2025"
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Burning is an important strategy for increasing the value of the token, but its implementation requires time, community activity, and growth in demand. It is possible to reach $1.
$LUNC Legal proceedings related to Terra Classic (LUNC) are already in an active stage. Key milestones:
Bankruptcy of Terraform Labs: The restructuring process under Chapter 11 began in September 2024. Such processes usually last several months, depending on the complexity of the case and the volume of creditors' claims.
SEC Decision: In October 2024, the U.S. Securities and Exchange Commission (SEC) issued an order to burn tokens and close certain wallets of Terraform Labs. Key actions under this agreement are expected to be completed by the end of 2024.
$LUNC
Bankruptcy of Terraform Labs: The restructuring process under Chapter 11 began in September 2024. Such processes usually last several months, depending on the complexity of the case and the volume of creditors' claims.
SEC Decision: In October 2024, the U.S. Securities and Exchange Commission (SEC) issued an order to burn tokens and close certain wallets of Terraform Labs. Key actions under this agreement are expected to be completed by the end of 2024.
$LUNC
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I can say for sure to hold on, and let the others be helped by God
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The rise in the price of Verge (XVG) in recent days is due to the fact that another halving of the mining reward by 50% is expected in the coming days. This event reduces the number of coins available to miners, which can create a supply shortage and increase demand.
$XVG
$XVG
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$LUNC Legal proceedings related to Terra Classic (LUNC) are already in an active stage. Key milestones:
Bankruptcy of Terraform Labs: The restructuring process under Chapter 11 began in September 2024. Such processes usually last several months, depending on the complexity of the case and the volume of creditors' claims.
SEC Decision: In October 2024, the U.S. Securities and Exchange Commission (SEC) issued an order to burn tokens and close certain wallets of Terraform Labs. Key actions under this agreement are expected to be completed by the end of 2024.
$LUNC
Bankruptcy of Terraform Labs: The restructuring process under Chapter 11 began in September 2024. Such processes usually last several months, depending on the complexity of the case and the volume of creditors' claims.
SEC Decision: In October 2024, the U.S. Securities and Exchange Commission (SEC) issued an order to burn tokens and close certain wallets of Terraform Labs. Key actions under this agreement are expected to be completed by the end of 2024.
$LUNC
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I'll hold on until the end of the world comes.
$LUNC HOPE vs. COMMON SENSE
What if LUNC after an indefinite period of time really costs $0.1, $1 or even more... the most persistent holders start selling it actively, a huge mass of this coin suddenly enters the market... Who is its buyer? What is his motivation? Even after the coin manages to grow 1000 times, will there be those who believe in its further growth?
Yes! Most likely there will be... However, then the buyer will have to pay for 10,000 coins not $1.5 as now, for example, but $1000 or $10,000 or even more. Will there be many of them? And how will LUNC be attractive to the buyer, as opposed to other coins?
In addition, purely technically, will the owner of 1 million or 1 billion LUNC be able to sell his coins and go to cash? Where to get so much USDT in the end?
Yes, on its way to growth LUNC will probably undergo a lot of transformations... More than 99% of the total volume may be withdrawn from circulation, most holders will probably sell their coins with much less significant growth, in general, the market may change, but it is still tens of billions.
But we continue to hope)
How much are you willing to sell your LUNC for?
What if LUNC after an indefinite period of time really costs $0.1, $1 or even more... the most persistent holders start selling it actively, a huge mass of this coin suddenly enters the market... Who is its buyer? What is his motivation? Even after the coin manages to grow 1000 times, will there be those who believe in its further growth?
Yes! Most likely there will be... However, then the buyer will have to pay for 10,000 coins not $1.5 as now, for example, but $1000 or $10,000 or even more. Will there be many of them? And how will LUNC be attractive to the buyer, as opposed to other coins?
In addition, purely technically, will the owner of 1 million or 1 billion LUNC be able to sell his coins and go to cash? Where to get so much USDT in the end?
Yes, on its way to growth LUNC will probably undergo a lot of transformations... More than 99% of the total volume may be withdrawn from circulation, most holders will probably sell their coins with much less significant growth, in general, the market may change, but it is still tens of billions.
But we continue to hope)
How much are you willing to sell your LUNC for?
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thank you
you need to put your feet down, pull up together with growth. because if you go to sleep, at night it will drop by 20 cents and simply liquidate you. at least you'll take some profit this way
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I agree to burn
Proposal: Burn 60% of LUNC Supply
To revive LUNC's value, we propose burning 60% of tokens from all wallets to reduce oversupply and boost scarcity. Key points:
1. Community Vote: Implement only with majority support through governance.
2. Flexible Approach: Gradual burns or weighted percentages to protect smaller holders.
3. Incentives: Post-burn rewards like staking benefits or exclusive airdrops.
4. Collaboration: Work with exchanges to ensure fairness.
5. Roadmap: Combine the burn with new use cases and ecosystem upgrades.
This move could position LUNC for long-term growth while ensuring fairness for holders.
#LUNC🔥 #CZ #cz_binance
To revive LUNC's value, we propose burning 60% of tokens from all wallets to reduce oversupply and boost scarcity. Key points:
1. Community Vote: Implement only with majority support through governance.
2. Flexible Approach: Gradual burns or weighted percentages to protect smaller holders.
3. Incentives: Post-burn rewards like staking benefits or exclusive airdrops.
4. Collaboration: Work with exchanges to ensure fairness.
5. Roadmap: Combine the burn with new use cases and ecosystem upgrades.
This move could position LUNC for long-term growth while ensuring fairness for holders.
#LUNC🔥 #CZ #cz_binance
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well, he's going further, brother
I have it like this, if there are any mistakes please let me know what I did wrong or what could be done better.
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thank you accepted
I have it like this, if there are any mistakes please let me know what I did wrong or what could be done better.
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I have it like this, if there are any mistakes please let me know what I did wrong or what could be done better.
📉 Financial literacy in the crypto community leaves much to be desired! According to a new report by PiP World, only 25% of market participants have the necessary knowledge to make informed decisions. This is half the average level in the USA. Many traders act blindly, leading to losses and regrets. Only "whales" and "hodlers" demonstrate high literacy, unlike day traders with their 27%.
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