As 2022 kicks off, crypto journalists and podcasters hunt for great news and scoops. Thinking Crypto Said there will be “one thing” that will rule 2022 for the whole year.
One story to rule the world
This “story” is nothing but a lawsuit between the SEC and Ripple Labs, with Edward citing a tweet from journalist Charles Gasparino. In confirmation of the theory that the two are in agreement
Like Gasparino, podcast host Edward reiterated that losing or winning Ripple’s lawsuit would forever change crypto regulations in the US. Calling the lawsuit between the SEC and Ripple the “biggest” of the year on the Twitter space, he said:
“There are a lot of things that are still at risk. Ripple has said that the company may leave the US. because of the unclear rules What about Jay Clayton and William Hinman’s conflicts of interest? There is also a lawsuit filed by John Deaton on behalf of XRP holders..”
Moreover, Edward has even suggested that the outcome of the lawsuit could affect the “bullish market” of the crypto itself – and perhaps even make the market chart “parabolic”.
Talking about the outcome of the lawsuit, Edward expected Ripple to win the case but face a fine. And it’s not just journalists following the news. He added that
“I went to talk to the founders and people working on the project. [คริปโต] In many other places, they followed the news very closely, my friends…”
But one thing for sure is that 2022 will be nothing like 2021 when it comes to crypto regulations. As senators are pushing Congress to recognize new fintech innovation by proposing several crypto legislation. including both stakeholders Industry stakeholders and lawmakers alike are demanding clarity on crypto regulations. It is therefore more likely that the top executives of the American government will finally accept them in 2022.
Returning to the interesting section of crypto news, let’s not forget that Stuart Alderoty, General Counsel at Ripple, is on the list. The protocol is “a key figure to watch in the upcoming crypto regulatory battle”.
SEC vs Ripple: Season 2
Crypto news followers will be able to get updates on the lawsuit between the SEC and Ripple after January 19th – which is the date it will be. The last expert deposition Privileges in the Judicial Process Or the agency’s right to protect decision-making is also likely to become a widespread problem.
Additionally, John Deaton, a crypto lawyer. A representative of the interests of more than 50,000 XRP holders would find a way to ensure investors would make the news that he filed against XRP as well.