JPMorgan, HQLAx and Ownera have launched a cross-ledger intraday repurchase agreement (repo) solution, with $5 billion traded during its first month of operation. JPMorgan, HQLAx, Ownera Debut Cross-Ledger Repo The solution enables repo traders to exchange cash held at JPMorgan for collateral held at HQLAx intraday, the release shared with Bitcoin.com News explains. Settlement and
BitcoinWorld Oblong’s Revolutionary $8M Oblong TAO Staking: A Bold AI Treasury Shift A significant shift is underway in the corporate world, blending traditional finance with cutting-edge blockchain technology. Nasdaq-listed Oblong (OBLG) recently made headlines with its substantial Oblong TAO staking of $8 million worth of Bittensor TAO tokens . This bold move signals a strategic pivot towards a decentralized AI treasury, marking a new era for the company and potentially the broader market. What’s Driving Oblong’s Bold Move into Decentralized AI? Oblong, a company with a market capitalization of $6.6 million, is making a calculated bet on the future of artificial intelligence. The decision to stake $8 million in TAO tokens is not a casual investment; it represents a fundamental change in their operational and treasury management philosophy. In June, the company successfully raised $7.5 million specifically to pursue the accumulation of TAO, as reported by The Block. This financial maneuver highlights a clear, deliberate strategy to integrate blockchain-based AI solutions into their core business model. This initiative showcases Oblong’s commitment to innovation. By leveraging decentralized networks, they aim to create a more resilient and future-proof treasury. This approach could offer significant advantages in terms of transparency and efficiency, moving away from traditional centralized asset management. Understanding Bittensor TAO Tokens and the AI Treasury Strategy To fully grasp the implications of Oblong’s move, it is essential to understand what Bittensor TAO tokens are. Bittensor is a decentralized protocol that enables a peer-to-peer market for machine intelligence. Developers and researchers can contribute their AI models and computational power to a collective network, earning TAO tokens for their contributions. In essence, it is a blockchain for AI, fostering a collaborative and open-source environment for AI development. Oblong’s adoption of this framework as part of its AI treasury strategy means they are not just holding a cryptocurrency; they are actively participating in a decentralized ecosystem. Staking TAO tokens typically involves locking them up to support the network’s operations, which in turn can generate rewards. This mechanism aligns with a long-term vision of sustainable growth and active engagement within the decentralized AI space. What Benefits Can Oblong Reap from This OBLG Token Strategy? The strategic shift to Oblong TAO staking brings several potential benefits. Firstly, by staking, Oblong can earn yield on its substantial TAO holdings, providing a new revenue stream. Secondly, it positions Oblong at the forefront of the decentralized AI revolution, enhancing its reputation as an innovative player in the tech sector. This could attract new investors and talent interested in the convergence of AI and blockchain. Moreover, active participation in the Bittensor network through staking allows Oblong to potentially influence the direction of decentralized AI development. This level of engagement goes beyond mere investment; it signifies a strategic partnership with a burgeoning technological paradigm. The company’s OBLG token holders might also see increased value as the underlying TAO assets grow in importance. Navigating the Path Ahead: Challenges for Decentralized AI Adoption While the prospects are exciting, implementing a decentralized AI treasury strategy also presents challenges. The volatile nature of cryptocurrency markets means that the value of the staked TAO tokens can fluctuate significantly. This introduces a new layer of risk compared to traditional treasury management. Furthermore, the regulatory landscape for decentralized finance (DeFi) and AI is still evolving, which could pose compliance hurdles. However, Oblong’s proactive approach in raising capital specifically for TAO accumulation suggests they have carefully considered these risks. Their commitment to this innovative path demonstrates a belief in the long-term potential of decentralized AI to reshape industries. It will be interesting to observe how this strategy unfolds and impacts Oblong’s overall financial health and market position. In conclusion, Oblong’s bold $8 million Oblong TAO staking represents a pioneering move into the heart of decentralized AI. By embracing Bittensor TAO tokens and shifting to an AI treasury strategy , the Nasdaq-listed company is not just investing in a digital asset; it is actively shaping its future in a world increasingly powered by decentralized intelligence. This strategic pivot highlights the growing convergence of traditional corporate finance with the innovative potential of blockchain and artificial intelligence, setting a fascinating precedent for other companies considering similar ventures. The journey for Oblong and its OBLG token holders promises to be an insightful case study in the evolving digital economy. Frequently Asked Questions (FAQs) What is Oblong (OBLG) and its core business? Oblong (OBLG) is a Nasdaq-listed company that has recently shifted its strategy towards integrating decentralized AI into its treasury management, as evidenced by its substantial staking of TAO tokens. What are Bittensor (TAO) tokens? Bittensor (TAO) tokens are the native cryptocurrency of the Bittensor protocol, a decentralized network that allows for a peer-to-peer market for machine intelligence, where AI models and computational power are contributed and rewarded. Why is Oblong staking $8 million in TAO tokens? Oblong is staking TAO tokens as part of its new decentralized AI treasury strategy. This move aims to diversify its assets, potentially earn yield, and position the company at the forefront of AI and blockchain convergence. What are the potential benefits of this decentralized AI treasury strategy? Benefits include new revenue streams from staking rewards, enhanced reputation as an innovator, potential influence on decentralized AI development, and long-term value appreciation for OBLG token holders. Are there any risks associated with this move? Yes, risks include cryptocurrency market volatility affecting TAO token value and the evolving regulatory landscape for DeFi and AI. However, Oblong has proactively raised capital to support this strategy. Did you find this insight into Oblong’s strategic shift fascinating? Share this article with your network and spark a conversation about the future of decentralized AI and corporate treasury management! To learn more about the latest crypto market trends, explore our article on key developments shaping AI-driven blockchain innovation and institutional adoption. This post Oblong’s Revolutionary $8M Oblong TAO Staking: A Bold AI Treasury Shift first appeared on BitcoinWorld and is written by Editorial Team
Ripple, a leading force in enterprise blockchain and crypto-based payments, announced on Thursday its acquisition of stablecoin-powered platform Rail for $200 million. Today, we’re acquiring @RailFinancial : https://t.co/phM8Bnsa7m This strengthens Ripple’s leadership in crypto infrastructure and stablecoin payments by adding Rail’s robust back-office and virtual account capabilities to our global payments network. Learn how this deal enables… — Ripple (@Ripple) August 7, 2025 Ripple said that it will integrate Rail’s virtual accounts and automated back-office tools, streamlining international business transactions. “Stablecoins are quickly becoming a cornerstone of modern finance. With Rail, we are uniquely positioned to drive the next phase of innovation and adoption of stablecoins and blockchain in global payments,” said Monica Long, Ripple President. Stablecoin Capabilities Meet Ripple’s Liquidity Engine In a press release shared with CryptoNews, the firm said that with the deal, Ripple and Rail will jointly support the growing demand for stablecoin-based flows. Together, they will provide pay-in and pay-out capabilities across global corridors without requiring customers to hold crypto on their balance sheets. This opens doors for third-party payments, internal treasury flows, and integration of various digital assets, including Ripple’s own XRP, stablecoin RLUSD, and others. Customers will benefit from virtual accounts and collection tools, eliminating the need for crypto bank accounts or centralized exchange wallets—lowering operational friction. A Bold Step Toward Global Crypto Dominance “Ripple shares our vision,” said Rail’s CEO, Bhanu Kohli, noting that Rail is on track to process over 10% of the projected $36 billion global B2B stablecoin payment volume in 2025. “Together, we’re excited to bring our innovation to the millions of businesses that move money internationally.” The deal is expected to close in Q4 2025, pending regulatory approvals. With more than $3 billion already invested in the crypto ecosystem, Ripple’s latest acquisition reinforces its intention to lead not only in XRP liquidity but in broader crypto payment rails. Ripple Selects BNY as Primary Custodian for RLUSD In July, Ripple appointed the Bank of New York Mellon Corporation (BNY) as the primary custodian for its stablecoin, Ripple USD (RLUSD). According to Rip ple, this is a step forward in driving institutional adoption of digital assets, with BNY growing its role in bridging traditional finance and the digital asset space. XRP Price Action At the time of publication, XRP is trading at $3.06, marking a 2.95% increase over the past 24 hours, according to the latest data from CryptoNews. The asset has rebounded from a recent low of $2.97, continuing its upward momentum following Ripple’s high-profile $200 million acquisition of stablecoin platform Rail. The 24-hour trading range saw XRP fluctuate between $2.9645 and $3.0889, with a strong trading volume of 33.55 million XRP. From a technical standpoint, XRP appears to be consolidating just above the $3.00 psychological support level, after a steep climb that began in early July. With Ripple’s deal to acquire Rail projected to boost digital asset utility across its payment network, traders are watching XRP closely to see if this news-driven momentum can translate into a sustained price rally. The post Ripple to Acquire Stablecoin Platform Rail for $200M – Impact on XRP Price? appeared first on Cryptonews .
Summary I maintain a Hold on IREN, as aggressive growth and a pivot to AI Cloud drive recent valuation highs, but execution risk remains. The timing of the AI Cloud transition is favorable, leveraging Bitcoin strength to support a seamless shift and long-term growth potential. AI Cloud is scaling rapidly with strong margins but still represents a small revenue share; execution and contract wins are critical to future upside. Bitcoin mining's strong cash flow and minimal debt provide ample funding for AI Cloud expansion, but sustained performance in both segments is essential. IREN Limited ( IREN ) is still a long-term Hold at the highs. Continued aggressive growth, a transition to profitability, and an asset-light balance sheet led to a run-up in valuations in the past quarter. The outlook for its core Bitcoin mining business is good for the upcoming earnings. The business may remain supported beyond the next quarter as well, but my Hold thesis hinges on IREN's pivot to AI Cloud. I feel the timing of the pivot is great. At a time when the Bitcoin segment should go through a relatively strong phase, a transition to AI Cloud will be more seamless than in a tough environment for Bitcoin. The AI Cloud transition will have room and legs to grow in this regime. However, investors should remain cautious while the execution delivers on the growing AI Cloud business over the next couple of years. The Growth Story IREN is still in its nascent growth phase for the AI Cloud business. The company's overall revenue growth has been explosive in triple digits for the past couple of quarters. That is because the Bitcoin mining business has expanded in Q3 2025 due to mining capacity expansion and better utilization before the pause (management has indicated a pause in mining expansion to foray into AI Cloud). Going ahead, I expect the legacy Bitcoin business to continue to benefit from a supportive Bitcoin regime and a rally that took place in Q4. However, my thesis hinges critically on the AI Cloud foray and growth in the segment. It would be great optics and supportive financially too if the Bitcoin business supports the transition, but triple-digit growth may be challenged, particularly as capacity pauses and business emphasis changes play out. Data by YCharts The Transition Scope and Path AI Cloud is now only ~2% of the overall revenues. In Q3 2025, AI Cloud clocked $3.6m in revenues, compared to ~$140m from the Bitcoin mining business. In such a mix, the Bitcoin business' trough could very well drag revenue growth from the triple-digit levels to near zero or even negative over the next few quarters. However, I am not looking at that as a critical and long-term valuation definition. As long as the topline keeps itself stable with fluctuations, the AI Cloud story could grow through such troughs. The initial signs from the AI Cloud business are very encouraging. The revenue, though small now, is scaling at 33% QoQ as per the last earnings report. Hardware profit margins are very strong at 97%. A mixed contract duration of up to 3 years gives visibility of ~$28m contracted revenue run rate annually. So while the actual revenues are still in single digits, the run rate pickup is already significant for the entire business' revenues. As per June 2025 updates , the AI Cloud business continues to scale well. If IREN utilizes the Horizon 1 buildout efficiently, the AI Cloud revenues could reach $100m in a couple of years, by conservative estimates (30% QoQ growth now plus the added capacity from Horizon 1 and later from Horizon 2). At those levels, the topline with a far better margin profile should start influencing IREN's valuations. The Ask from the Bitcoin Business The Bitcoin business has been growing through a purple patch with record revenue growth, as seen before, at decent margins. Cash balance is also strong, and debt levels are minimal . This should enable the company to divert capex into AI Cloud expansion without overleveraging. Data by YCharts IREN identifies $250m as the funding required in 2025 to expand to 50 EH/s, completion of Horizon 1 and Sweetwater substations, and development works. If Bitcoin prices remain supportive, as I expect, or even correct by 10-20%, the EBITDA covers the funding ask comfortably, as per IREN's own estimates. Which means sufficient and comfortable cash-backed AI expansion till it stands on its own. EDITDA Projections - IREN (Q3 FY25 Results Presentation - IREN) The progress in AI Cloud is therefore now squarely dependent on the execution. This entails continued AI demand for GPU and compute capacity. I will be watching for key contract signings and hardware deployments to back the capacity created in 2025. Valuation Expectations Bitcoin is anyway, a high-gross-margin business, clocking 80%+ generally. I expect the AI Cloud business to deliver close to 70% gross margins, as is commonly seen elsewhere. A ramped-up AI Cloud business also smooths the EBITDA profile and decouples it from Bitcoin price fluctuations. The path to stability in AI Cloud could lead to short-term net margin fluctuations, as Bitcoin price changes continue to impact that as much as AI investments and R&D, as data center costs hit before AI Cloud revenues ramp up. However, this is funded by existing cash and future cash flows, not dilutive equity or debt raises. Data by YCharts The current levels of EV to forward revenues at ~4.4x are slightly elevated from recent historical averages. The Bitcoin-led growth and profitability trends alone justify the multiple expansions. I feel the markets are not yet fully baking in the upside narrative that the AI Cloud augmentation brings to the table. As and when the AI Cloud execution shows more promise, I expect further rerating for IREN. But near-term valuations may still be dictated by the Bitcoin story—the outlook for which is not weak but open to stagnation or minor corrections from here on. IREN a Long Term Hold IREN is not yet an outright Buy, as I am awaiting further traction and execution around the AI Cloud business. Some more capacity utilization of the new facilities (Horizon 1) will get me interested in fresh Buys. Till then, investors may see valuations and share prices react to the near-term volatility of the core Bitcoin results and the lumpy nature of progress in AI Cloud. I recommend a Hold on IREN and keep an eye out for the funding status versus progress made in the AI Cloud ramp-up. As Bitcoin mining expansion pauses, that could mean monitoring for sharp corrections in Bitcoin prices or executional issues in the core business. I believe the inflection point for IREN is not very far off, when the markets start valuing IREN as a Cloud AI business and valuations start respecting that narrative. Till then, existing investors should keep a longer-term vision and only add to positions as more progress is evident.
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Los Angeles, United States, August 7th, 2025, Chainwire The 0.12 update introduces new player abilities, saved progress, and no-code creator tools, powering polished multiplayer gameplay and the next wave of UGC Experiences. The Sandbox, the social gaming metaverse where people come together to create, connect, and play, today launched its latest product update: Game Maker and Game Client 0.12. This update brings upgraded multiplayer tools, new movement abilities, cinematic UI polish, and saved progress support for players. For creators, the release introduces no-code tools for smarter NPCs, more dynamic game mechanics, integrated sound design powered by WWise with access to over 2,500 new sounds, and new game templates and asset libraries. The Sandbox Game Maker and Game Client 0.12 are now available on PC and Mac, and can be downloaded for free from thesandbox.game . More Gameplay. More Fun. With this most recent update, The Sandbox continues evolving, providing a fully playable, gamified platform that gives players more ways to move, connect, and experience the metaverse together. Game progress can now be saved in select experiences. Smarter chat systems, including Metaverse Chat for connecting across the platform and Local Chat for in-game teamwork, help drive co-experience and social play. A new cinematic UI adds polish and brings the experience closer to AAA quality. The new Multiplayer Lobby, Quick Play system, and Friends tab make it easier than ever to jump into games, find your crew, and explore together. This is the first step toward a more connected metaverse, where players can seamlessly discover, join, and hang out with friends across platforming, racing, and combat genres. Creation Without Complexity. Tools With Impact. For creators, Game Maker 0.12 makes it easier to build multiplayer-ready content and support persistent gameplay. Dynamic NPC behaviors, such as healing, following, or gathering items, bring experiences to life, while Saved Data logic lets creators retain player progress across sessions. From WWise-powered sound design to improved onboarding, every feature in 0.12 is designed to support faster, smarter creation. “With every update, we move closer to realizing our vision of a connected, creator-powered metaverse,” said Simon Berger-Perrin, Chief Product Officer of The Sandbox. “The Game Maker 0.12 update expands capabilities for creators, giving them more control over how they build, publish, and scale social gameplay. For players, Game Client 0.12 introduces new multiplayer modes and the ability to save progress. This release deepens Player engagement and gives creators more autonomy to shape Experiences that last.” WHAT’S IN IT FOR PLAYERS: Quick Play, Multiplayer Lobby & Friends Tab: Matchmaking is faster and more social, with shared queues, interactive lobbies, and the ability to easily join your friends. Saved Progress: For supported experiences, players can retain inventory, checkpoints, and scores across sessions. Smarter Chat: Automatically switches between metaverse and local multiplayer conversations. New Abilities: Dash and Glide add momentum and verticality for action, racing, and exploration. Cinematic UI & Transitions: Upgraded onboarding, victory/defeat reactions, dynamic menus, and 3D backdrops. Interactive Collectibles: Preview how digital items will look on your avatar in 3D galleries. Auto Equip lets Players instantly equip items during gameplay without the need to open the inventory. Improved UX & FTUE: First-time user tips, animation smoothing, and camera transitions elevate gameplay quality. Travel Between Experiences Seamlessly: Access The Sandbox Map or dashboard without leaving your current session. New Audio Experience: Immersive spatial sound powered by AAA tech, supporting reverb, terrain-based audio, and Atmos. WHAT’S IN IT FOR THE SANDBOX CREATORS: Smarter Multiplayer Logic: Easier game setup, new matchmaking lobbies to help games fill up faster, and custom matchmaking flows. Dynamic NPCs: New behaviors, like sidekick, gatherer, or healer roles, add depth to games. Saved Data Support: Retain player states across play sessions for persistent progression and replayability. Expanded Asset Library & Game Templates: Four new Asset Libraries (The British Museum, Architecture, Interior design: Furniture and lamps, and Terrain Colors) and three new Game Type Templates (Shooters, Action RPG, and Business Tycoon) to jumpstart creation. Auto-Equip & Effect Timers: Smarter pickups and UI feedback with no inventory menu diving. Sound Design With WWise: Add advanced audio systems with reverb zones, spatial mixing, and voiceovers, and access to over 2,500 custom sound effects and music tracks. WHEN: Game Maker and Game Client 0.12 are now available for free at sandbox.game on PC and Mac. To celebrate the launch of Game Maker and Game Client 0.12, The Sandbox is kicking off a series of The Sandbox Game Jams, where creators are invited to participate in tournaments which will run for four to six weeks giving participants a chance to win a piece of the 130,000 SAND reward pool and exclusive LAND plots. This round of Game Jams features prompts including The Smurfs, Teletubbies and a Las Vegas City Builder. For full details and how to participate, check out The Sandbox blog here . About The Sandbox The Sandbox, a subsidiary of Animoca Brands, is an immersive metaverse platform in which users play, create, and monetize unique experiences alongside their favorite brands, IPs, and celebrities across gaming, entertainment, music, art, and more. The Sandbox leverages Web3 technologies to fully enable end-user creation and creator economies, disrupting existing platforms by providing both players and creators with true ownership of their assets, creations, and rewards as non-fungible tokens (NFTs). Over 400 partners have joined The Sandbox, including Warner Music Group, Gucci, Ubisoft, Paris Hilton, The Walking Dead, Snoop Dogg, Attack on Titan, Lacoste, Steve Aoki, The Smurfs, and many more. For more information, please visit www.sandbox.game and follow the regular updates on Twitter , Medium , and Discord . About Animoca Brands Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2023 , is a leader in digital entertainment, blockchain, and gaming. The company has multiple subsidiaries, including The Sandbox , Blowfish Studios , Quidd , GAMEE , nWay , Pixowl , Bondly , and Lympo . In addition, Animoca Brands has a growing portfolio of more than 150 investments in blockchain companies and decentralized projects that are contributing to building the open metaverse, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information, visit www.animocabrands.com or follow on Twitter or Facebook . ContactSenior PR Account ManagerGilberto Williams-Gamboagilberto@fortyseven.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
SharpLink Gaming (SBET), a Nasdaq-listed ether treasury firm, said it has raised $200 million to buy more ether (ETH) in expectation of boosting its holdings to more than $2 billion worth of the second-largest cryptocurrency. The Minneapolis-based company entered into a securities purchase agreement with four institutional investors to raise the capital through a direct offering at a price of $19.50 per share, it said in a statement. The firm's ether holdings sit at 521,939 ETH as of its latest purchases, worth just under $2 billion based on ether's price of $3,830.65 at the time of writing. SharpLink shares rose around 3.3% at $22.97 in the late U.S. morning on Thursday, following ETH's 4.5% rally over 24 hours to reclaim the $3,800 level. The company is one of a growing number to adopt an ether treasury strategy, raising funds to accumulate ETH and staking the tokens in exchange for rewards.
Cloud mining is an innovative method by which individuals can participate in the process of
BitcoinWorld Ripple Appeal: SEC’s Crucial Review Could Finally End the XRP Lawsuit Saga The cryptocurrency world holds its breath as the U.S. Securities and Exchange Commission (SEC) prepares to deliberate on a pivotal decision: potentially withdrawing its Ripple appeal . This development, initially reported by U.Today, signals a potentially game-changing moment for the long-running SEC Ripple lawsuit , which has cast a significant shadow over the digital asset industry for years. What’s Happening with the SEC Ripple Lawsuit ? Recent reports indicate that the SEC is actively considering whether to withdraw its appeal in the ongoing legal battle against Ripple Labs. This consideration comes after a pivotal court ruling that clarified the status of XRP sales, differentiating between institutional and programmatic sales. Key Date: If the SEC indeed withdraws the appeal before August 15, the entire SEC Ripple lawsuit could be terminated. Prior Ruling: A previous court decision provided a partial victory for Ripple, stating that programmatic sales of XRP on exchanges were not securities transactions. The Appeal: The SEC’s appeal sought to challenge this aspect of the ruling, particularly concerning institutional sales. This potential SEC withdrawal is not merely a procedural step; it carries immense weight for Ripple, XRP holders, and the broader crypto market. Why is the Ripple Appeal So Significant? The Ripple appeal represents a critical juncture for several reasons. For years, the uncertainty surrounding the lawsuit has impacted XRP’s market performance and Ripple’s business operations in the U.S. A withdrawal of the appeal would effectively bring the multi-year legal saga to an end, barring any unforeseen new developments. This conclusion would provide much-needed clarity for Ripple and the crypto community regarding the regulatory status of XRP. Furthermore, the outcome of this case has been closely watched as a precedent for how other digital assets might be classified under U.S. securities laws. Therefore, its resolution could offer a clearer path for innovation within the digital asset space. Potential Outcomes of an SEC Withdrawal Should the SEC proceed with withdrawing its appeal, the implications would be profound and largely positive for Ripple and the wider crypto ecosystem. Here’s what could happen: Lawsuit Termination: The entire XRP lawsuit would conclude, removing a major overhang for Ripple Labs. Market Confidence: Increased investor confidence in XRP, potentially leading to a significant price rally as regulatory uncertainty diminishes. Business Expansion: Ripple could more aggressively pursue its business operations in the U.S., including its On-Demand Liquidity (ODL) service, which utilizes XRP. Regulatory Clarity: The ruling, now unchallenged by appeal, would stand as an important legal precedent for distinguishing between different types of crypto sales. This decisive action by the SEC would signal a shift, potentially allowing the industry to move forward with greater certainty regarding the regulatory landscape. Broader Implications for Crypto Regulation The potential conclusion of the XRP lawsuit has significant implications beyond Ripple itself. It sets a crucial precedent for future crypto regulation in the United States. The court’s distinction between institutional and programmatic sales of XRP could influence how other tokens are classified. This clarity is vital for developers, exchanges, and investors who have navigated a murky regulatory environment. It could encourage more traditional financial institutions to engage with digital assets, knowing there’s a clearer legal framework. Moreover, it might prompt Congress to accelerate efforts in establishing comprehensive federal crypto legislation, moving beyond enforcement actions to proactive regulatory frameworks. The potential withdrawal of the SEC’s appeal in the Ripple case represents a monumental turning point for the crypto industry. It promises to conclude a protracted legal battle, bringing much-needed clarity and potentially paving the way for renewed growth and innovation in the digital asset space. This development underscores the evolving nature of crypto regulation and the significant impact legal decisions have on the future of blockchain technology. Frequently Asked Questions (FAQs) Q1: What is the main reason the SEC might withdraw its Ripple appeal? A1: The SEC is reportedly reviewing its position following a partial court ruling that favored Ripple, particularly regarding programmatic sales of XRP not being considered securities. A withdrawal would streamline the legal process and acknowledge aspects of the prior ruling. Q2: What does the term “XRP lawsuit” refer to? A2: The “XRP lawsuit” refers to the legal action initiated by the SEC against Ripple Labs, alleging that XRP, the digital asset associated with Ripple, was an unregistered security offering. Q3: How would an SEC withdrawal affect the XRP price? A3: An SEC withdrawal would likely be seen as a highly positive development, potentially removing a significant regulatory overhang. This could lead to increased investor confidence and a positive impact on XRP’s market price. Q4: What is the significance of the August 15 deadline mentioned? A4: The August 15 date is reported as a potential deadline for the SEC to withdraw its appeal, after which the entire SEC Ripple lawsuit would effectively be terminated, according to U.Today’s report. Q5: What broader impact could this have on crypto regulation? A5: The resolution of the Ripple appeal could set an important precedent for how other digital assets are classified under U.S. securities law, potentially providing greater regulatory clarity for the entire cryptocurrency industry and encouraging innovation. If you found this article insightful, please consider sharing it with your network! Your support helps us continue to provide timely and relevant cryptocurrency news and analysis. Share on X, Facebook, or LinkedIn to spread the word about this significant development! To learn more about the latest crypto market trends, explore our article on key developments shaping crypto regulation and its impact on XRP price action . This post Ripple Appeal: SEC’s Crucial Review Could Finally End the XRP Lawsuit Saga first appeared on BitcoinWorld and is written by Editorial Team
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