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MainNewsRipple vs SE...

Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever


by Lisa walter
for CoinEdition
Ripple's Victory May Lead to Blockchain Adoption by Banks
  • The Ripple lawsuit’s outcome could reshape global financial infrastructure, says SMQKE.
  • A complete victory for Ripple could help financial institutions adopt blockchain technology.
  • Ripple and the SEC seek another chance to reach a settlement in the ongoing case.

SMQKE, a well-known crypto researcher, believes that the result of the Ripple lawsuit may launch a new stage in global financial infrastructure. American lawyer James C. Spindler made this claim in his legal report titled “SHAQ, RIPPLE AND THE FUTURE OF CRYPTO REGULATION.” The report was prepared and released by William & Mary Law School.

SMQKE stated that if Ripple won, it would give banks and asset managers a clear path to use blockchain for main financial activities. The findings reveal that Judge Analisa Torres found that a portion of Ripple’s XRP sales was not in violation of securities laws. Legal experts claim that Ripple’s initial XRP release was the same as selling shares in an unwritten corporate value.

Ripple’s Win Could Redefine Financial Systems

If Ripple prevailed, SMQKE expected that financial institutions could use Ripple’s results to plot the future of their core functio…

The post Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsRipple vs SE...

Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever


by Lisa walter
for CoinEdition
Ripple's Victory May Lead to Blockchain Adoption by Banks
  • The Ripple lawsuit’s outcome could reshape global financial infrastructure, says SMQKE.
  • A complete victory for Ripple could help financial institutions adopt blockchain technology.
  • Ripple and the SEC seek another chance to reach a settlement in the ongoing case.

SMQKE, a well-known crypto researcher, believes that the result of the Ripple lawsuit may launch a new stage in global financial infrastructure. American lawyer James C. Spindler made this claim in his legal report titled “SHAQ, RIPPLE AND THE FUTURE OF CRYPTO REGULATION.” The report was prepared and released by William & Mary Law School.

SMQKE stated that if Ripple won, it would give banks and asset managers a clear path to use blockchain for main financial activities. The findings reveal that Judge Analisa Torres found that a portion of Ripple’s XRP sales was not in violation of securities laws. Legal experts claim that Ripple’s initial XRP release was the same as selling shares in an unwritten corporate value.

Ripple’s Win Could Redefine Financial Systems

If Ripple prevailed, SMQKE expected that financial institutions could use Ripple’s results to plot the future of their core functio…

The post Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SEC Chairman Paul Atkins: Single New Framework Coming for Crypto and Traditional Securities

SEC Chairman Paul Atkins: Single New Framework Coming for Crypto and Traditional Securities

SEC Chairman Paul Atkins announced plans to allow registered firms to handle both sec...
New “FIFA Blockchain” To Use Avalanche’s Customizable Subnet-Like Tech

New “FIFA Blockchain” To Use Avalanche’s Customizable Subnet-Like Tech

Global football authority FIFA has announced a major new phase in its Web3 strategy, ...