“We are for this proposal. The SEC clearly has the authority to do it,” Alderoty wrote. He also voiced concerns about the …
Ripple
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Regulation
CLARITY Act Dead, But XRP Is Safe? Ripple CEO Brad Garlinghouse Says ‘We Have Clarity’
by shayaanby shayaanGarlinghouse said $XRP holders are in a stronger position than the failed vote suggests. He pointed to the outcome of Ripple’s long …
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Markets
Ripple brings Wall Street into 24/7 stock bets, but HSBC warns markets are still thin
by shayaanby shayaanInstitutions can trade through Ripple Prime and post RLUSD as collateral. Finding enough buyers and sellers for large positions could prove harder. …
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Finance
Who Really Owns Nasdaq’s New XRP Stock? Fresh SEC Filing Names Key Ripple Insiders
by shayaanby shayaanThe fresh document discloses the exact holdings of key Ripple insiders and strategic partners: Chris Larsen: The Ripple co-founder, personally and through …
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Markets
Ripple is earning fees financing leveraged stock bets, a business long run by banks
by shayaanby shayaanThe crypto company’s $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily …
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OKX has raised a strategic investment round at a $25 billion pre-money valuation from Circle, quantitative investment manager Qube Research & Technologies …
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Markets
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
by shayaanby shayaanThe exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an …
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In brief President Trump announced a “Super Intelligence Force” to coordinate federal AI policy, with Director of National Intelligence Jay Clayton widely …
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The Senate confirmed Clayton as director of national intelligence on July 28. Artificial intelligence was already part of the discussion. During his …
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Regulation
Early to Party? Ripple CTO Emeritus Reacts to Ex-SEC Chair Gensler’s 2020 AI Paper
by shayaanby shayaanIn November 2020, Gary Gensler co-authored a paper titled “Deep Learning and Financial Stability” with Lily Bailey at the Massachusetts Institute of …