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Ripple’s legal tussle with the SEC could help settle when cryptocurrencies are securities

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Ripple's legal tussle with the SEC could help settle when cryptocurrencies are securities

WASHINGTON—Complaints from the booming cryptocurrency industry that Washington has gone too far in cracking down on its unregulated products are being tested in a landmark lawsuit targeting Ripple Labs Inc. and its digital coin, XRP . The lawsuit, which the Securities and Exchange Commission filed in the final days of the Trump administration, faces several … Read more

Opinion: The Fed is both too cautious about digital dollars, and too nonchalant about private cryptocurrencies

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Opinion: The Fed is both too cautious about digital dollars, and too nonchalant about private cryptocurrencies

CAMBRIDGE, Mass. (Project Syndicate)—Many countries’ governments, most notably China’s, are continuing to experiment with central bank digital currencies (CBDCs). Money 3.0 is moving full speed ahead, and with its recent white paper, titled “The US Dollar in the Age of Digital Transformation,” the Federal Reserve, a conspicuous laggard, has finally started to weigh in, if … Read more