Visa has a strong background in blockchain and digital assets. For instance, in March 2021, Visa processed cryptocurrency payments in the form of USDC stablecoin transactions on the Ethereum network, showcasing its early adoption of blockchain-based payments.
The legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been ongoing since December 2020. In July 2023, a significant development occurred when a federal judge ruled that XRP, Ripple's digital asset, was not inherently a security. However, the court noted thatRead more
The legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been ongoing since December 2020. In July 2023, a significant development occurred when a federal judge ruled that XRP, Ripple’s digital asset, was not inherently a security. However, the court noted that certain institutional sales of XRP could be considered securities transactions.
In October 2024, the SEC announced it would drop its lawsuit against Ripple’s executives, Brad Garlinghouse and Chris Larsen.
Despite this, the broader case between Ripple and the SEC remains unresolved. The SEC has filed an appeal challenging the previous court ruling, seeking to overturn the decision that favored Ripple. Notably, the SEC’s appeal did not introduce new arguments but reiterated prior points.
The timeline for the conclusion of this lawsuit is influenced by several factors, including changes in SEC leadership. With the inauguration of President Donald Trump on January 20, 2025, and the anticipated resignation of SEC Chair Gary Gensler, there is speculation about a shift in the SEC’s approach to cryptocurrency regulation. Paul Atkins, a known cryptocurrency advocate, is expected to assume the role of SEC Chair. Legal experts suggest that under Atkins’ leadership, the SEC may opt to settle ongoing cases, including the one against Ripple, potentially leading to a resolution within the next few months.
Attorney Jeremy Hogan has predicted that the Ripple vs. SEC case might be dismissed or settled by April or May 2025.
However, it’s important to note that legal proceedings can be unpredictable, and these timelines are subject to change based on various factors, including court decisions and regulatory priorities.
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The rewards you can earn with your BIRDS bird depend on the specific BIRDS program, but they typically include: Points or in-app rewards for completing activities and challenges. Leaderboard prizes based on your weekly ranking. Bonus rewards for reaching milestones or achieving special objectives. ERead more
The rewards you can earn with your BIRDS bird depend on the specific BIRDS program, but they typically include:
As your bird progresses and you participate more actively, you may unlock additional opportunities to earn rewards and improve your standing within the BIRDS ecosystem. Check the rewards or leaderboard section of the platform for the most current reward details.
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