The US Congress is moving to reform outdated securities laws to foster innovation in cryptocurrencies. Recent discussions highlighted the challenges posed by the SEC’s regulatory approach on industry growth. Lawmakers call for clear regulations to protect investors and encourage digital asset development.
Ripple’s acquisition of Hidden Road for $1.25 billion marks a significant step for XRP’s role in finance. CEO Brad Garlinghouse emphasizes that this move will transform global value transfers, aiming to make XRP central to cross-asset financial settlements.
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