Gensler declared war on "fraudsters" and "hucklers" — and took celebrities to task when they promoted little-known coins to their millions of followers, without disclosing they had been paid to do so.

XRP trades at $1.15 after another favorable court ruling and a ledger upgrade while markets reacted to potential regulatory shifts under the Trump administration.

Gensler appears to be preparing for his exit ahead of Trump's presidency, as Republican attorney generals sue over his cryptocurrency enforcement.

Five major venture capital firms, including Andreessen Horowitz (A16z), Multicoin Capital, and Paradigm, are challenging the regulator's stance on digital asset airdrops, supporting a Texas apparel company's argument that free token distributions should not be classified as securities transactions.

XRP prices rose as the SEC missed its October 16 deadline. Ripple co-founder Chris Larsen made a significant XRP donation to the Kamala Harris campaign.

“These are cases where an innovative technology – cryptocurrency – met a century-old scheme – the pump and dump."

While Ripple pushes forward with its ambitious expansion plans in Dubai and Brazil, and prepares for the launch of its RLUSD stablecoin, the blockchain giant now must prepare to counter the U.S. agency's appeal.

The oldest U.S. bank received an exemption from the regulator's accounting rule, which was making crypto custody services unprofitable.