SEC’s Appeal Against Ripple Was Denied!
A federal judge denied the U.S. Securities and Exchange Commission’s (SEC) request for an appeal against Ripple, asserting that the regulator did not demonstrate significant reasons to justify disagreements in opinions. However, he has set a court hearing date for April 2024 to address certain issues in the case.
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Following the news, the price of the XRP token increased by roughly 5%. Additionally, Ripple obtained a license to provide digital payment token services in Singapore.
A federal judge denied the U.S. Securities and Exchange Commission's (SEC) request for an appeal against Ripple, asserting that the regulator did not demonstrate significant reasons to justify disagreements in opinions.
However, he has set a court hearing date for April 2024 to address certain issues in the case.
Following the news, the price of the XRP token increased by roughly 5%.
Additionally, Ripple obtained a license to provide digital payment token services in Singapore.
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