Court case could take months to resolve, with Ripple submitting counter-arguments.
SEC argues Ripple's promotional efforts made XRP an investment contract under the Howey test.
Finance Magnates
The US Securities and Exchange Commission (SEC) filed an
appeal on January 15, 2025, challenging a federal court's decision in its
ongoing case against Ripple Labs. The SEC argues that the New York District
Court was incorrect in ruling that XRP sold to retail investors was not part of
an unregistered securities offering.
Meanwhile, XRPUSD has been heading towards the upside by
making a crucial breakout on the intraday charts.
SEC Appeals XRP Ruling, Seeks Overturn
In its appeal to the Second Circuit Appeals Court, the SEC
is seeking to overturn Judge Analisa Torres’ July 2023 ruling, which classified
XRP sales to retail investors as non-securities, while maintaining that XRP
sales to institutional investors did qualify as securities. The SEC’s filing
also disputes the exclusion of XRP issued as employee compensation and in
business transactions from being categorized as a security.
This SEC brief was hard to work thru because, IMO, the case won't be ruled on. But I've come this far so, dangit, here we go! My thoughts on the initial Ripple v. SEC appeal brief...
This appeal follows a partial loss in the SEC’s long-running
lawsuit, initiated in December 2020. The SEC contends that retail investors
would have expected a profit from their purchases of XRP due to Ripple's
promotional activities. It argues that Ripple’s actions made XRP an investment
contract under the Howey test, which is used to determine whether something
qualifies as a security.
Ripple’s legal team has criticized the SEC’s appeal, with
CEO Brad Garlinghouse calling the agency’s filing a repeated attempt with no
new arguments. Ripple’s Chief Legal Officer, Stuart Alderoty, expressed the
belief that the appeal would likely be abandoned under the next administration,
referring to it as a “rehash” of previous unsuccessful claims.
XRPUSD has displayed strong bullish momentum after a period
of consolidation on the H1 chart. The last H1 candle closed above the
significant 3.20250 level, indicating a bullish breakout on the intraday
charts. This could fuel the current bullish trend, potentially driving the
cryptocurrency further upwards.
Ripple Updates: SEC Case, Wildfire Donation, and DeFi
Expansion
Ripple, the company behind XRP, attracted attention after CEO
Garlinghouse and Chief Legal Officer Alderoty attended a private dinner with
President-elect Donald Trump on January 6, which Garlinghouse described as
a positive start to 2025. This event has led to speculation regarding Ripple's
ongoing legal dispute with the US Securities and Exchange Commission (SEC),
which filed a lawsuit in December 2020, accusing Ripple of selling XRP tokens
as unregistered securities.
Ripple
has also announced a $100,000 donation in XRP to support communities
impacted by the California wildfires. The funds will go to World Central
Kitchen and GiveDirectly, nonprofit organizations focused on providing
immediate relief and long-term rebuilding. Entrepreneur Jared Isaacman has
pledged to match this contribution, potentially doubling the support for the
affected communities.
Ripple has further expanded into decentralized
finance (DeFi) through a partnership with Chainlink. The collaboration
integrates Ripple's RLUSD stablecoin with DeFi applications on the Ethereum
blockchain, providing options for trading and lending. The RLUSD, pegged to the
US dollar, was launched on both the Ethereum and XRP Ledger networks last month
and has a market cap of $72 million, according to CoinGecko.
.@Ripple x @Chainlink: $RLUSD has adopted the Chainlink standard for verifiable data to fuel DeFi adoption with real-time, secure pricing data.
XRP's recent increase may be attributed to the $2 level
acting as a key psychological support. It has since surpassed significant
intraday resistance levels, including 2.60000, 2.89000, and 3.20250, fueling
its bullish momentum.
What Could XRP's Price Be in 2025?
Price projections for XRP in 2025 vary. Conservative
estimated range from $1.35 to $2.50. Analyst Levi Rietveld predicts a higher
range of $20–23, while more optimistic forecasts suggest up to $70.
Does XRP Have Long-Term Potential?
XRP appears to have long-term potential, especially in the
fintech sector. Its role in cross-border payments and expanding partnerships in
regions such as Asia, Africa, and Latin America could support continued growth.
Further integration into traditional finance is expected by 2027–2028.
Is $500 Realistic for XRP?
A $500 price for XRP seems unlikely in the near term, as it
would require a market cap of $26 trillion. More realistic projections suggest
a target of $15–25 by 2030. According to Grok AI, $500 could be possible with
widespread global payment adoption after 2030.
The US Securities and Exchange Commission (SEC) filed an
appeal on January 15, 2025, challenging a federal court's decision in its
ongoing case against Ripple Labs. The SEC argues that the New York District
Court was incorrect in ruling that XRP sold to retail investors was not part of
an unregistered securities offering.
Meanwhile, XRPUSD has been heading towards the upside by
making a crucial breakout on the intraday charts.
SEC Appeals XRP Ruling, Seeks Overturn
In its appeal to the Second Circuit Appeals Court, the SEC
is seeking to overturn Judge Analisa Torres’ July 2023 ruling, which classified
XRP sales to retail investors as non-securities, while maintaining that XRP
sales to institutional investors did qualify as securities. The SEC’s filing
also disputes the exclusion of XRP issued as employee compensation and in
business transactions from being categorized as a security.
This SEC brief was hard to work thru because, IMO, the case won't be ruled on. But I've come this far so, dangit, here we go! My thoughts on the initial Ripple v. SEC appeal brief...
This appeal follows a partial loss in the SEC’s long-running
lawsuit, initiated in December 2020. The SEC contends that retail investors
would have expected a profit from their purchases of XRP due to Ripple's
promotional activities. It argues that Ripple’s actions made XRP an investment
contract under the Howey test, which is used to determine whether something
qualifies as a security.
Ripple’s legal team has criticized the SEC’s appeal, with
CEO Brad Garlinghouse calling the agency’s filing a repeated attempt with no
new arguments. Ripple’s Chief Legal Officer, Stuart Alderoty, expressed the
belief that the appeal would likely be abandoned under the next administration,
referring to it as a “rehash” of previous unsuccessful claims.
XRPUSD has displayed strong bullish momentum after a period
of consolidation on the H1 chart. The last H1 candle closed above the
significant 3.20250 level, indicating a bullish breakout on the intraday
charts. This could fuel the current bullish trend, potentially driving the
cryptocurrency further upwards.
Ripple Updates: SEC Case, Wildfire Donation, and DeFi
Expansion
Ripple, the company behind XRP, attracted attention after CEO
Garlinghouse and Chief Legal Officer Alderoty attended a private dinner with
President-elect Donald Trump on January 6, which Garlinghouse described as
a positive start to 2025. This event has led to speculation regarding Ripple's
ongoing legal dispute with the US Securities and Exchange Commission (SEC),
which filed a lawsuit in December 2020, accusing Ripple of selling XRP tokens
as unregistered securities.
Ripple
has also announced a $100,000 donation in XRP to support communities
impacted by the California wildfires. The funds will go to World Central
Kitchen and GiveDirectly, nonprofit organizations focused on providing
immediate relief and long-term rebuilding. Entrepreneur Jared Isaacman has
pledged to match this contribution, potentially doubling the support for the
affected communities.
Ripple has further expanded into decentralized
finance (DeFi) through a partnership with Chainlink. The collaboration
integrates Ripple's RLUSD stablecoin with DeFi applications on the Ethereum
blockchain, providing options for trading and lending. The RLUSD, pegged to the
US dollar, was launched on both the Ethereum and XRP Ledger networks last month
and has a market cap of $72 million, according to CoinGecko.
.@Ripple x @Chainlink: $RLUSD has adopted the Chainlink standard for verifiable data to fuel DeFi adoption with real-time, secure pricing data.
XRP's recent increase may be attributed to the $2 level
acting as a key psychological support. It has since surpassed significant
intraday resistance levels, including 2.60000, 2.89000, and 3.20250, fueling
its bullish momentum.
What Could XRP's Price Be in 2025?
Price projections for XRP in 2025 vary. Conservative
estimated range from $1.35 to $2.50. Analyst Levi Rietveld predicts a higher
range of $20–23, while more optimistic forecasts suggest up to $70.
Does XRP Have Long-Term Potential?
XRP appears to have long-term potential, especially in the
fintech sector. Its role in cross-border payments and expanding partnerships in
regions such as Asia, Africa, and Latin America could support continued growth.
Further integration into traditional finance is expected by 2027–2028.
Is $500 Realistic for XRP?
A $500 price for XRP seems unlikely in the near term, as it
would require a market cap of $26 trillion. More realistic projections suggest
a target of $15–25 by 2030. According to Grok AI, $500 could be possible with
widespread global payment adoption after 2030.
This New Bitcoin Price Prediction Shows BTC Will Hit “Only” $150K in 2026
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Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
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We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
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We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
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Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown