XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres' ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If the SEC wins the appeal on sales, then Ripple couldn't use exchanges to facilitate sales.

SEC Isn't Appealing Whether XRP Is a Security, Lawyer Clarifies

The Bank for International Settlements (BIS) unveiled a new initiative called the Payments Interoperability and Extension (PIE) task force, which will feature the participation of the blockchain-powered payment platform Ripple (CRYPTO: XRP). In a recap of the PIE task force gathering held on May 11, BIS revealed on Aug. 9 the group's objective is to "boost cross-border transactions and achieve the quantitative benchmarks for such payments set by the G20.

BIS, Ripple Team Up To Make Cross-Border Payments Faster And Cheaper

Users will soon be able to trade the cryptocurrency on the platform.

Gemini Opens XRP Deposits and Trading Following Ripple Labs Partial Victory

Chainlink declined from a recent two-week high on Thursday, as market uncertainty rose around the latest U.S. inflation report. As consumer prices rose to a reading of 3.2% in July, traders so far seem unsure on how to process this data. XRP fell by nearly 5% today.

Biggest Movers: LINK Retreats From 2-Week High, as XRP Drops 5%

The US Securities and Exchange Commission (SEC) has stated that it intends to challenge a recent court decision that determined the cryptocurrency XRP used by Ripple is not a security.

SEC Plans To Appeal XRP Case

Cardano

Bitcoin

Dogecoin

Ethereum

Solana

Major cryptocurrencies experienced mixed trading on Wednesday evening as investors eagerly awaited the release of July's Consumer Price Index (CPI) in the United States. The CPI serves as a significant indicator of inflation and is set to be disclosed on Thursday.

Bitcoin, Ethereum, Dogecoin Mixed As SEC Plans To Appeal XRP Ruling: Analyst Says Solana Could Replicate Cardano's 2019 Bear Market Comeback

Overall the crypto market seems to have shrugged off news from the Securities and Exchange Commission (SEC) that it intends to file an appeal of the ruling in its case against Ripple, which ended in a partial victory for Ripple in July.

First Mover Asia: SEC Appealing XRP Ruling Isn't Moving Markets

The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator's motion will “seek to stay the district court proceedings.” SEC Seeks to Appeal Ruling in Ripple-XRP Case The U.S.

SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings

The SEC is seeking an "interlocutory appeal" of Judge Torres' ruling, the regulatory said in a court filing today.

SEC Says It Plans to Appeal XRP Sales Ruling in Ripple Case

Bitcoin, ethereum and other cryptocurrencies were revitalized by a shock XRP legal ruling last month—though the price rally has since lost momentum (despite a sudden China crypto flip).

Leak Reveals BlackRock's Game-Changing Bitcoin Plan That Could Cause Price Chaos For Ethereum, XRP And Crypto

The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday.

SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says

The SEC that it filed a letter with the SDNY seeking leave for an interlocutory appeal of the summary judgement order in the Ripple Labs case.

SEC files letter with SDNY seeking leave for interlocutory appeal in Ripple Case

The U.S. Securities and Exchange Commission on Wednesday said it plans to appeal from a court ruling last month that the sale of the XRP digital token on public exchanges complied with federal securities laws, in a case involving the cryptocurrency company Ripple Labs.

US SEC to appeal from Ripple Labs court ruling

Dates are beginning to be set for a jury trial in the Securities and Exchange Commission's case against Ripple Labs.

Jury trial dates set for next year in long-winded Ripple case

Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan.

XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment

A widely followed crypto strategist is now leaning bearish on XRP, saying that the altcoin may fully retrace the gains sparked by Ripple's legal victory over the U.S. Securities and Exchange Commission (SEC). Analyst Michaël van de Poppe tells his 662,400 X followers that XRP could fall to around $0.

Trader Flips Bearish on XRP, Says Bulls Not Stepping in Due to Lack of Confidence – Here's His Downside Target

Network statistics show that XRP is losing its bullish momentum following last month's court ruling in the token's securities case.

XRP Price Falls 10% on the Week as Bullish SEC Hype Fades

Palauan senator Mark Rudimch has called for an audit of Palau's stablecoin pilot program, launched by the country's ministry of finance in partnership with Ripple in July.

Senator Calls for Audit on Palau's Ripple-Backed Stablecoin Pilot Program

Pro-XRP lawyer John Deaton on Saturday said he expected Ripple's native token (CRYPTO: XRP) to break $1 after a ruling determined that it is not considered security in certain circumstances. What Happened: In a post on social media platform X (formerly Twitter) by a user named Moon Lambo regarding the slow price gains of digital currencies this year.

Pro-XRP Lawyer Says He Expected Ripple Token To Break $1 After Court Ruling: 'Until Bitcoin Breaks Its All-Time High

Traders are braced for mercurial billionaire Elon Musk to lob a grenade into the crypto market

Elon Musk Declaration Sparks Wild Speculation He Could Be About To Blow Up The Bitcoin, Ethereum, XRP And Dogecoin Price

Cryptocurrency analysts of Coinidol.com report, XRP price has been falling since July 14.

XRP Holds Above $0.61 And Regains Upward Momentum

Polygon

China's Hong Kong has issued the first licenses under its new crypto regime opening up crypto trading to the mass-market

China Just Made A ‘Significant' Game-Changing Move That Could Be About To Hit The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Tron, Polygon And Solana

Pro-XRP lawyer John Deaton says that a federal judge erred when rejecting a historic decision during his ruling in the Terra (LUNA) case. Deaton tells his 286,400 Twitter followers that the judge should have sided with Judge Analisa Torres' ruling that Ripple Lab's automated, open market sales of XRP do not count as securities.

Pro-XRP Lawyer Says Federal Judge in Terra Case Who Rejected Favorable Ripple Ruling ‘Got It Wrong'

Ripple President Monica Long says the recent outcome of the company's legal battle with the U.S. Securities and Exchange Commission (SEC) has given the payment firm “clarity” on how it can operate its business in the future. The SEC first sued Ripple in late 2020 for allegedly selling XRP as an unregistered security.

Ripple Is ‘Re-Engaging' With the US Market After Partial Victory Over SEC in the XRP Lawsuit: Company President

Coinbase is fighting back against the Securities and Exchange Commission, citing a high profile case as a reason to dismiss the agency's case.

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