Ripple has formally requested the U.S. Securities and Exchange Commission (SEC) to treat XRP the same as Bitcoin and Ethereum under capital regulation rules. The company proposes shifting from legacy asset classifications to a function-based regulatory framework, arguing that inconsistent treatment of similar digital assets creates market friction, especially for institutional investors. Ripple also advocates for fully backed stablecoins like RLUSD to be recognized as cash-equivalent instruments with a 0% capital haircut, aiming to boost stablecoin adoption in regulated markets. This proposal follows ongoing discussions with the SEC Crypto Task Force and seeks clearer rules that reflect the actual use of digital assets in settlement and tokenized markets.
The XRP Ledger recorded its sixth-largest exchange outflow this year with 34.94 million XRP moved off centralized platforms, signaling large investors may be accumulating via private storage. Analyst Javon Marks highlights XRP's strong technical stru...
Ripple has proposed a new regulatory framework to the SEC Crypto Task Force advocating for stablecoins like RLUSD to be treated as high-quality, cash-equivalent collateral under verified mint-and-burn structures. This would allow institutions to use ...
Ethereum's price is trading just above $2,000 after a steep decline from $2,500, raising concerns about a potential crash below this key level or a bullish reversal. This weakness is part of a broader crypto market pullback, with Bitcoin, Ripple, and...
XRP has been unable to break above the $1.65 resistance level for about four months, indicating weakening bullish momentum. Market analyst CasiTrades warns this prolonged rejection could lead to a downward liquidity sweep, pushing XRP towards key sup...
Daily payment transactions on the XRP Ledger have surged back above the key 1 million mark after a dip in mid-May, indicating robust on-chain activity despite XRP's price remaining in a downtrend. This rebound suggests continued user engagement and l...
