kevin o'leary revealed xrp will explode in 2022 xrp to 90 000. cme group plans to launch new
reference rates of cryptocurrencies and indices in real time for the largest cryptocurrencies
by market capitalization with the exception of stable coins however the xrp cryptocurrency was
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is expected that the cme group will not risk displeasing the us regulator by including xrp in
the list of reference rates of cryptocurrencies and indices in real time and even if they did
they wouldn't be able to get much data on the u s benchmark x r p prices perhaps that is why x r p
is not included in the list since the digital asset has been at the center of a legal dispute
between the sec and ripple labs over the alleged unregistered sale of securities
since the lawsuit was filed on december 22nd 2020 american cryptocurrency exchanges and trading
platforms quickly moved to delisting xrp fearing retaliation from the sec similarly it cannot be
expected that the cme group will risk displeasing the u.s regulator by including xrp in the list of
reference cryptocurrency rates in real-time indices and even if they did they wouldn't be
able to get the benchmark xrp price data in the us starting from may 3rd cryptocurrency
platforms will begin to provide price data for the formation of new indicators this involves such
crypto platforms as bitstamp coinbase gemini it bit and kraken as well as lmax digital xrp trading
is suspended for them or it is completely excluded and since it is difficult to predict the end time
of the trial as well as its result companies located in the jurisdiction of the united states
will continue to stay away from xrp so as not to fall under the attention of the sec themselves
carnegie mellon university cnu has announced that the popular cryptocurrency in fintech company
ripple has become a founding sponsor of the secure blockchain initiative excited to continue working
with carnegie mellon university while furthering ubri's mission to support research and study in
hashtag blockchain and hashtag cryptocurrencies in a recent press release the university noted
that the secure blockchain initiative is an interdisciplinary research program created to
rethink and change blockchain in various corporate systems which will provide solutions to the main
problems inherent in this technology lauren weymouth ripple's head of university partnerships
said the company expects new opportunities to emerge in cmu's visionary program which could
have a big impact on the blockchain sector as we support carnegie mellon faculty and students
ripple looks forward to collaborating with global experts in solving these open research challenges
weymouth added ripple's director of university partnerships noted that the mission is to support
research in the field of blockchain and cryptocurrencies at universities around the world
this would not be possible without partners like cmu in addition he noted that ripple strives to
ensure that institutions businesses and customers can easily access global financial systems without
any restrictions his partnership with cmu will be another guarantee of achieving this goal
according to the announcement this partnership expands on the previous collaboration between
ripple and carnegie mellon university it is noteworthy that three years ago cmu became a
partner of the ripple university blockchain research initiative a program designed to
support technical developments academic research and innovation in the crypto and blockchain
industries after the partnership the blockchain company collaborated with cmu researchers on
several blockchain focused projects including ubri connect and ripple's annual academic meetings
commenting on the development nicholas christine professor at the institute of software research
said the sponsorship of blockchain at scilab is an ideal and natural development of a thriving
partnership and cooperation between cmu and ripple we look forward to ripple's support and
contribution to our ambitious new initiative despite the ongoing litigation with the sec
ripple has been entering into innovative partnerships in various sectors since its
inception the company invests in various projects related to cryptocurrency such as
financing developers of non-interchangeable tokens on the xrp ledger empower oversight a non-profit
organization that filed a freedom of information act request in august 2021 on suspicion of
improper conduct by sec officials in relation to the xrp lawsuit has finally received and published
sec emails that prove that the agency and william hinman knew about his conflict of interest
the documents show that the sec ethics office warned former sec official william hinman that
he had a direct financial interest in simpson thatcher however hinman continued to meet with
the firm despite these warnings empower oversight said on twitter as can be seen from the disclosed
documents sec ethics adviser shira minton sent an email to william hinman on january twenty fifth
two thousand eighteen which stated that the analysis for simpson thatcher is the same as
always you have a ban due to a financial conflict with simpson thatcher because you have a permanent
financial interest to the firm meeting with them during such a conflict is not allowed as
we discussed at your briefing even calls with them are prohibited this is also a serious problem with
optics you cannot see that you are giving special access to a company in which you have a financial
interest this meeting is small enough to cause concern during the email chain shara minton also
replied but bill it occurs to us that you have a complete financial conflict of interest with your
old firm not just an impartial one therefore you should not have any meetings with your old firm
even group meetings hinman met with josh bonnie a partner at simpson thatcher at least three
times after that warning hinman also met with ethereum co-founders and investors ahead of a
market speech he delivered in 2018 announcing that the digital asset ether is not a security
despite simpson thatcher's participation in the enterprise ethereum alliance which promotes the
commercial use of ethereum this raises questions about whether hinman fully disclosed simpson
thatcher's role in ethereum from sec ethics representatives and whether they would have
approved the meetings or his speech if he had done so hinman didn't just have retirement benefits he
had an ongoing financial interest in the success of simpson thatcher the better his law firm did
the better he did helping clients sad face ea ethics told him to not meet with his partners
yet he continued he was a double agent judge sarah netburn will soon rule on a motion by the u
s securities in exchange commission to review the production of the plaintiff's internal documents
a lot has been said about them and many legal experts have shared their suspicions that these
emails and notes could ruin the sec's case against ripple the emails disclosed by empower oversight
are only about conflict of interest issues the live xrp price today is zero dollars 88 u.s
dollars with a 24-hour trading volume of 3 billion 740 million us dollars
we update our xrp to usd price in real time xrp is down zero four percent in the last 24 hours
do you think xrp will be able to win the court and restore its former price
write the answers in the comments that's it for today thank you for watching this
video to the end if you liked it then don't forget to like it and subscribe to the channel