Crypto Market News: While the crypto market The environment continues to grow despite the enforcement actions of the United States Securities and Exchange Commission (SEC), the price of Bitcoin grew in recent times thanks to the timely presentations of Bitcoin ETFs from financial giants such as Bitcoin. Although the SEC suggested that Blackrock refile the same, it remains to be seen if and when the decision is made as we head into the 2024 election year in the US. Against this backdrop, the Ripple Vs SEC lawsuit has its own meaning, as it holds the key to determining whether or not most altcoins qualify as securities.
Also read: Ripple partner Volante completes FedNow trials with custodian bank, XRP at $1?
Ripple Chief Legal Officer Awarded
Stuart Alderoty, Ripple's Chief Legal Officer, was recently awarded the 2023 Burton Award in the "Legal Legends" category. With 35 years of legal experience, Alderoty is well known in the crypto community for his statements exposing regulatory loopholes in digital asset laws. legends in law Grant It is awarded to the general counsel based on an outstanding reputation in the legal profession and a track record of tackling complex matters of national or global importance in various specializations.
Overall, this is a welcome recognition for Alderoty, as it could go a long way in cementing Ripple's reputation in legal circles. Meanwhile, XRP holders are awaiting summary judgment in Judge Analisa Torres' Ripple Vs SEC lawsuit.
Also read: Bitcoin Falls as US SEC Reacts to 'Inadequate' Spot ETF Applications
