Wall Street
– Ripple’s lead counsel, Stuart Alderoty, responded to the SEC’s intent for an appeal.
– The SEC is seeking permission for an “interlocutory” appeal, not having an inherent right.
– Ripple will present its counter-response in the upcoming week.
– The legal dialogue between Ripple and the SEC highlights the ongoing interaction between the cryptocurrency industry and regulatory authorities.
– Ripple’s inclusion into BIS’s task force showcases its commitment to revolutionizing cross-border payments.
Closing Paragraph:
Ripple’s response to the SEC’s intent for an appeal shows their determination to defend themselves and navigate the evolving regulatory landscape. This legal battle exemplifies the ongoing struggle between the cryptocurrency industry and regulatory authorities, highlighting the need for clear guidelines in the sector. Ripple’s inclusion in BIS’s task force further solidifies its position as a leader in the space and its dedication to transforming cross-border payments.
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