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Crypto Market Is Celebrating SEC's Setback in Ripple Suit. But the Case Is Far From Settled

(Bloomberg) -- A US Securities and Exchange Commission lawsuit against Ripple Labs Inc. has kept crypto on edge since 2020 by raising the prospect that digital tokens are securities that fall under the agency’s strict regulatory purview. Yet even as a ruling Thursday seemed to undermine the watchdog’s case, the issue is far from settled.Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%DeSant...
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Source: yahoo.com

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Tech Investors Bet on AI, Leave Crypto Behind

(Bloomberg) -- Silicon Valley venture capitalists are racing to get into artificial intelligence companies — including investors who once bet big on crypto.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsSaudi Arabia’s PIF Wealth Fund Takes $11 Billion Investment HitUS Inflation Hits Two-Year Low, Giving Hope for End to Fed Hikes‘Pivotal’ US CPI Report to Show Lowest Core Inf...
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Source: yahoo.com

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