SEC's 'hypocrisy is staggering,' says Ripple's general counsel, XRP case filings are due next week XRPArmy XRPCommunity XRPHolders XRPNews Crypto Cryptocurrency
a"delay card" concerning the Ripple lawsuit while urging the agency to move the case through quickly. Despite the SEC's delay, Ripple and the court are working diligently to resolve the issue as quickly as possible, Alderoty says. He, however, believes that a resolution will be reached only in 2023.earlier stated that this year would be one in which all attention will be on cryptocurrency legislation, with the industry's future on the line.
Though technology innovation is frequently met with hostility, he went on to add that economic competitors outside the United States are swiftly adopting digital assets, blockchain-enabled real-time payments and central bank digital currencies .In the latest updates in the Ripple case, the SEC has submitted a reply to support its letter filed in late April, where it insisted that Hinman's emails were protected by attorney-client privilege.
Undeterred by the ongoing lawsuit, Ripple has moved to collaborate with FINCI, a Lithuania-based online platform for transferring funds. By scoring this partnership, Ripple plans to create a payments corridor using its ODL platform, which is powered by XRP, so that FINCI customers can send money from Europe to Mexico .
Ripple's ODL network already spans 22 countries and destinations, including Mexico, Japan, Australia, South Korea and the Philippines.
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