SEC and Ripple Clash Continues to Shake Up Crypto Markets.

1 min read
Source: Decrypt
SEC and Ripple Clash Continues to Shake Up Crypto Markets.
Photo: Decrypt
TL;DR Summary

Bitcoin and Ethereum prices remained flat, while XRP surged 9.4% after a small courtroom victory against the SEC and the launch of Ripple's CBDC platform. Litecoin also saw a 13.2% increase due to the popularity of NFT-style assets. SEC Chairman Gary Gensler insisted that the rules for crypto companies have already been published, but the agency is simultaneously bombarding the industry with lawsuits. Samsung partnered with the Bank of Korea to develop an ecosystem for a CBDC, while the EU adopted the Markets in Crypto Assets bill and British MPs recommended legislating crypto as gambling.

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