At today's high-profile event, Ripple's top lawyer Andre Ceresny gears up for an important discussion with the SEC's Jorge Tenreiro. The talk, titled “Government Enforcement in the Crypto Arena: What’s the Status Quo?”, is an important part of the Hilibrand Series panel.
Join legal experts like Claudia Quiroz of the US Department of Justice and legal expert David Zohnau as we delve into the nitty-gritty of current cryptocurrency regulation in the US.
Legal minds join forces
Ceresney, Tenreiro, Quiroz, and Zornow come together to navigate the maze of government oversight in the crypto business. In the context of the Ripple Institute vs. SEC legal battle, lawyer Bill Morgan pointed out that Ripple's situation is different from the Coinbase case. He also pointed out that the SEC's change in policy, recognizing that XRP is not a security, comes at an important time for U.S. cryptocurrency regulation.
While the legal battle unfolds, the broader crypto market is on the brink of an exciting bull market. XRP refuses to sit on the sidelines and has soared an impressive 12% in the past 24 hours. It is currently trading at $0.701, with a slight deceleration visible on the weekly chart.
Also read: Ripple vs. SEC case unfazed by Coinbase ruling, experts agree
XRP rides a bullish wave
Technical signals and buying pressure suggest that XRP’s upward momentum may continue, possibly breaking through the $0.8 barrier or even reaching $1 soon.
Strap in, crypto enthusiasts! This journey is about to get more interesting!
Did you know that? XRP price hits new high in 2024: reaches $0.74, new facts revealed in Ripple vs. SEC lawsuit