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- 【Gate Daily Market Digest】📊
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- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke - 🏆 Gate Wins “Best Crypto Exchange 2025”!
Gate has been awarded Best Crypto Exchange 2025 at the E-Business Awards by Entrepreneur Middle East, recognizing Gate’s achievements in security, compliance, and user trust.
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Ripple CLO Clarifies Impact of Blocked Settlement
Ripple's Chief Legal Officer (CLO) has provided insights into the implications of the judge's decision to block a proposed settlement between Ripple and the U.S. Securities and Exchange Commission (SEC). The CLO emphasized that this development does not alter Ripple's previous legal "win" in the ongoing case.
Judge's Decision and Settlement Context
The judge's decision to reject the settlement proposal introduces a new layer of complexity to the legal proceedings. The proposed settlement aimed to resolve certain aspects of the case, but the court has opted not to approve it.
Ripple's Position on Prior Ruling
Ripple's CLO maintains that the core elements of Ripple's earlier legal "win" remain unaffected by this recent development. The company believes that the court's prior rulings in its favor still stand.
Ongoing Legal Battle
The legal battle between Ripple and the SEC continues to unfold, with both parties addressing various aspects of the case. The recent decision regarding the settlement adds another dimension to the complex and closely watched legal proceedings.