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Ripple urges SEC to finalize crypto rules to reduce uncertainty and boost U.S. crypto fundraising.

Market News
21 Oct 2026, 11:45 WIB
AMBCrypto
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Bullish
Ripple urges SEC to finalize crypto rules to reduce uncertainty and boost U.S. crypto fundraising.

Ripple supports the SEC's proposed framework to clarify when crypto assets are considered securities, aiming to reduce regulatory uncertainty that has cost the industry over $150 million. The SEC's draft includes two fundraising tiers for crypto startups, allowing raises up to $75 million with strict compliance requirements, which could attract more crypto investment to the U.S. However, these rules may limit smaller projects and exclude some foreign entities. Clearer regulations could restore confidence in U.S. crypto markets but may not stop companies from operating abroad.

XRP, the digital asset linked to Ripple, is trading at Rp24.249 with a 4.06% gain on Pluang. The market cap stands at Rp1.528,46 trillion, and trading volume reached Rp32,03 trillion, showing active interest despite regulatory challenges. This data is current as of Oct 21, 2026, 16:02 WIB.

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