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🚨Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC) is reportedly nearing its conclusion, according to sources within the agency, cited by an XRP community member dubbed Andrew. The insiders claim that negotiations involving the five-year court case could reclassify XRP as a commodity. According to a March 17 post by Andrew, who uses the X handle AP_Abacus, two SEC sources said that XRP could receive “serious commodity consideration” and that the fine imposed on Ripple in late 2024 may be “greatly reduced 🚨Ripple vs. SEC court injunction filing is still active Andrew’s statements come just five days after FOX News correspondent Eleanor Terrett reported that negotiations had been delayed due to Ripple’s legal team pushing for more favorable settlement terms. Terrett said that Ripple is supposedly contesting the $125 million fine imposed after an August 2023 district court ruling by Judge Analisa Torres. She also stated that Ripple is feeling optimistic about its plea not to pay fines because the SEC has been reversing enforcement actions against other crypto firms since the Trump administration came into office. “Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred,” Terret commented. The company is also reportedly fighting a permanent injunction preventing it from selling XRP to institutional investors. A commenter on Andrew’s post noted that if Ripple successfully renegotiates its terms, it could avoid paying any fine altogether.  “Payment of a fine is an agreement of guilt, and this ‘guilt’ in identical parallel cases was dismissed,” they stated. 🚨The SEC’s appeal is not feasible, community speaks On January 15, the SEC formally appealed Judge Torres’ July 2023 ruling, which found that while XRP was considered an investment contract when sold to institutional investors, it did not meet that classification when sold to retail investors.  XRP community members felt the ruling was a partial victory for Ripple, as it confirmed that secondary market sales of XRP were not subject to securities regulations. In a repost of Andrew’s rumored report, Attorney Bill Morgan said XRP’s commodity status and the reduction of fines are plausible, but the main challenge lies in the injunction.  🚨Lawyer Hogan sees multiple ways to make ‘settlements’ In a March 13 thread published on X, pro-XRP lawyer Jeremy Hogan said he was particularly intrigued by one phrase from Terrett’s report: the “case is in the process of wrapping up and could be over soon.”  To Hogan, this meant that Ripple and the SEC may be working on a private settlement agreement that would negate the need for any other court proceeding.  He discussed a scenario in which the SEC and Ripple agree to settle privately, dismiss the appeal, and never bring the settlement terms back to the trial court for ratification. According to the lawyer, this approach would require the SEC to forgo enforcing the injunction, which may be a tough concession for the financial watchdog. “I have a hard time believing the SEC would agree to THAT, but possibly it could agree to something more oblique such as providing Ripple a path to actually register sales of XRP to institutional investors (for example). Meaning that Ripple could get what it needs while the SEC doesn’t blatantly snub the Court’s order,” Hogan surmised. In her ruling, Judge Torres rejected the SEC’s request for disgorgement, ruling that institutional investors did not suffer monetary harm. She also issued an injunction barring Ripple from violating securities laws but declined to impose a blanket ban on all institutional XRP sales. $XRP $BTC $BGB

🚨 TRUMP’S NEW TRAVEL POLICY TARGETS 43 COUNTRIES! 🇺🇸✈️ $TRUMP 🔥 Breaking Update: Former President Donald Trump is proposing a major travel restriction affecting 43 nations, citing security risks. The plan introduces three levels of limitations, impacting visa approvals and international travel. 📌 Who’s Affected? 🔴 Red Zone (Total Ban) – No visas will be granted to countries like Afghanistan, Iran, North Korea, Syria, Venezuela, and Cuba due to heightened security threats. 🟠 Orange Zone (Strict Restrictions) – Travelers from Pakistan, Russia, Myanmar, Belarus, and others will face tough visa limitations, with only specific business visas being considered. 🟡 Yellow Zone (Security Warning) – 22 nations have 60 days to strengthen security measures or risk stricter travel rules. 📢 Trump’s Justification: “This decision is about protecting Americans from security threats, crime, and immigration fraud.” 💬 What’s your take? Will this policy enhance national security, or is it an excessive move? Share your thoughts below! ⬇️$BTC

🚨Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC) is reportedly nearing its conclusion, according to sources within the agency, cited by an XRP community member dubbed Andrew. The insiders claim that negotiations involving the five-year court case could reclassify XRP as a commodity. According to a March 17 post by Andrew, who uses the X handle AP_Abacus, two SEC sources said that XRP could receive “serious commodity consideration” and that the fine imposed on Ripple in late 2024 may be “greatly reduced 🚨Ripple vs. SEC court injunction filing is still active Andrew’s statements come just five days after FOX News correspondent Eleanor Terrett reported that negotiations had been delayed due to Ripple’s legal team pushing for more favorable settlement terms. Terrett said that Ripple is supposedly contesting the $125 million fine imposed after an August 2023 district court ruling by Judge Analisa Torres. She also stated that Ripple is feeling optimistic about its plea not to pay fines because the SEC has been reversing enforcement actions against other crypto firms since the Trump administration came into office. “Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred,” Terret commented. The company is also reportedly fighting a permanent injunction preventing it from selling XRP to institutional investors. A commenter on Andrew’s post noted that if Ripple successfully renegotiates its terms, it could avoid paying any fine altogether.  “Payment of a fine is an agreement of guilt, and this ‘guilt’ in identical parallel cases was dismissed,” they stated. 🚨The SEC’s appeal is not feasible, community speaks On January 15, the SEC formally appealed Judge Torres’ July 2023 ruling, which found that while XRP was considered an investment contract when sold to institutional investors, it did not meet that classification when sold to retail investors.  XRP community members felt the ruling was a partial victory for Ripple, as it confirmed that secondary market sales of XRP were not subject to securities regulations. In a repost of Andrew’s rumored report, Attorney Bill Morgan said XRP’s commodity status and the reduction of fines are plausible, but the main challenge lies in the injunction.  🚨Lawyer Hogan sees multiple ways to make ‘settlements’ In a March 13 thread published on X, pro-XRP lawyer Jeremy Hogan said he was particularly intrigued by one phrase from Terrett’s report: the “case is in the process of wrapping up and could be over soon.”  To Hogan, this meant that Ripple and the SEC may be working on a private settlement agreement that would negate the need for any other court proceeding.  He discussed a scenario in which the SEC and Ripple agree to settle privately, dismiss the appeal, and never bring the settlement terms back to the trial court for ratification. According to the lawyer, this approach would require the SEC to forgo enforcing the injunction, which may be a tough concession for the financial watchdog. “I have a hard time believing the SEC would agree to THAT, but possibly it could agree to something more oblique such as providing Ripple a path to actually register sales of XRP to institutional investors (for example). Meaning that Ripple could get what it needs while the SEC doesn’t blatantly snub the Court’s order,” Hogan surmised. In her ruling, Judge Torres rejected the SEC’s request for disgorgement, ruling that institutional investors did not suffer monetary harm. She also issued an injunction barring Ripple from violating securities laws but declined to impose a blanket ban on all institutional XRP sales. $XRP $BTC $BGB

South Korea’s central bank is taking a hard pass on Bitcoin. The Bank of Korea (BOK) says it has no intention of including Bitcoin in its foreign exchange reserves, citing volatility and potentially high transaction costs. The central bank’s stance came in response to an inquiry from Rep. Cha Gyu-geun, a National Assembly Planning and Finance Committee member, regarding the possibility of adding Bitcoin to the country’s foreign exchange assets. In a statement released on March 16, the Bank of Korea explained that Bitcoin’s price fluctuations pose challenges. Specifically, the bank pointed out that Bitcoin’s value could drop during market instability, leading to an increase in transaction costs when attempting to liquidate the cryptocurrency. This cautious stance on Bitcoin reserves comes as South Korea moves to loosen its overall regulatory approach to cryptocurrency. The country’s financial regulatory body is moving forward with plans to lift its ban on institutional cryptocurrency trading. Related: Czech Central Bank Evaluates Bitcoin as a Reserve Asset, No Immediate Plans The Bank of Korea’s position aligns with the International Monetary Fund’s (IMF) guidelines on foreign exchange reserves. According to the IMF, a reserve asset must meet specific criteria, including liquidity, marketability, and an investment grade or higher credit rating. The BOK argues that Bitcoin fails to meet these standards due to its lack of liquidity during times of volatility and its high-risk nature in uncertain markets. As such, the BOK deems Bitcoin unsuitable for inclusion in South Korea’s foreign exchange reserves. While some countries, like the Czech Republic and Brazil, have shown a more positive outlook on Bitcoin as part of their reserves, many other central banks remain cautious. The European Central Bank (ECB), Switzerland’s central bank, and the Japanese government have all expressed concerns similar to those of South Korea, citing the volatility and risk associated with Bitcoin. Related: Donald Trump Makes It Official: Strategic Bitcoin Reserve, Altcoin Stockpile Is Law In contrast to South Korea’s position, the U.S. has so far gone on to even implement an executive order in early March to initiate a Strategic Bitcoin Reserve, which permits the US Federal Reserve to hold Bitcoin as a strategic reserve that it has in possession from criminal and civil seizure operations. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Bitcoin Hype Surges in Russia as Trump Signs Bitcoin Strategic Reserve (BSR)! Russia showed multiple activities around Bitcoin & Cryptocurrencies, as Donald Trump signed an executive order to approve the Bitcoin Strategic Reserve (BSR). Russia has a mixed stance around Cryptocurrencies. Before 2022, the Bank of Russia, the country’s national central bank, was planning to introduce a Crypto ban framework in the country, but in Q1 of 2022, the Russia vs Ukraine war changed the country’s economic conditions, forced the country to adopt blockchain technology & cryptocurrencies and fight against the financial sanctions imposed by the western countries. Local media reports confirmed that Russia has now officially shifted to crypto-backed payment services to back cross-border trade settlements. That means all the Russian allies are using Bitcoin & cryptocurrencies to complete the payment against the .