Remove Financial Institutions Remove Legal Remove Securities and Exchange Commission (SEC)
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Should You Buy Ripple (XRP) Right Now With $100 and Hold Through 2024 and Beyond?

The Motley Fool

Building a valuable use case Ripple operates a blockchain network that connects financial institutions around the world. For the past few years, Ripple has been dealing with back-and-forth with the Securities and Exchange Commission (SEC), which first sued Ripple in December 2020, claiming XRP should be regulated as a security.

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It May Be a Wild Ride, but This Cryptocurrency Could Generate Serious Wealth. Here's Why

The Motley Fool

But then came a long, bitter, and confusing court battle with the Securities and Exchange Commission (SEC) that started in December 2020, and it's been downhill ever since. The SEC was looking for more than $2 billion in fines and penalties, so XRP investors have been spinning this as a victory for Ripple.

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1 Unstoppable Cryptocurrency With 5,300% Upside by 2030, According to Cathie Wood

The Motley Fool

Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-traded funds (ETFs) focused on technological innovations. As a result, it's too unpredictable to become a means of exchange for most consumers and businesses. El Salvador already adopted it as legal tender. bank settlement volume.

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Should You Buy Ripple (XRP) While It's Around $0.60?

The Motley Fool

XRP acts as a bridge currency, allowing financial institutions to quickly convert one currency into another, with the help of banking partners facilitating conversions between XRP and local currencies in dozens of countries. Meanwhile, the legal battle with the U.S. That's another factor weighing on XRP's value and utility.

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Prediction: Ripple (XRP) Will Hit $1 by 2025

The Motley Fool

Securities and Exchange Commission (SEC) is an important factor. Judge Analisa Torres should deliver a verdict in the SEC lawsuit by the end of July, taking a crucial step toward regulatory clarity in the crypto market as a whole. The SEC lawsuit remains a pivotal factor.

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3 Cryptocurrencies That Are Down 58% To 91% And Ready to Pop

The Motley Fool

Several financial institutions are trying to launch Bitcoin-based exchange-traded funds (ETFs). The Securities and Exchange Commission (SEC) is dragging its feet on approving these applications, but regulators can't kick that can down the road forever.

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Here's What You Can Do When Your Financial Planner Invests in an Asset Without Your Approval

The Motley Fool

These accounts are called discretionary accounts, meaning a financial advisor can make investment decisions in your brokerage account at their discretion. If your advisor is a broker-dealer -- they buy and sell securities and other financial products -- then a complaint should be sent to FINRA.