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John Deaton Eyes Senate Run Against Elizabeth Warren
John Deaton, a prominent lawyer and cryptocurrency advocate known for defending Ripple in court, is contemplating a run as a Republican candidate in the Massachusetts Senate race. This was confirmed by political strategist Jim Conroy, who recently discussed the upcoming elections with Deaton. 
SEC Intensifies Scrutiny on Ripple
The U.S. Securities and Exchange Commission (SEC) filed a court order requiring Ripple (XRP) to disclose its institutional investor information for the last two years. This development stems from a judge's earlier ruling that classified XRP as a security when specifically sold to institutional investors. Ripple's Take on CBDCs: Opportunities and Risks
Currently, 130 countries, contributing to 98% of the global GDP, are actively examining CBDC projects. CBDCs are being considered as a means to enhance financial accessibility, encourage payment innovations, and reduce fraud. The Bank for International Settlements anticipates that within a few years, 20% of the world’s population will have access to CBDCs. 
Will the XRP Price Drop After Settling the SEC Fine?
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has escalated to a pivotal phase. The SEC is pursuing a $1.95B fine against Ripple for supposed violations of securities laws. What impact might this have on XRP? Fairshake Receives Another Donation
The Super Political Action Committee (Super PAC), Fairshake, dedicated to supporting blockchain proponents in the political arena, has received a $4.9 million boost from Gemini founders Cameron and Tyler Winklevoss, with each contributing $2.45 million. This follows previous backing from notable entities like Andreessen Horowitz, ARK Invest, Circle, Ripple Labs, and many more. 
Ripple Faces New Legal Challenge
A U.S. court has permitted a new lawsuit against Ripple Labs and its CEO, Brad Garlinghouse, for alleged violations of securities law. The plaintiffs in the case accuse Garlinghouse of making misleading statements during a 2017 interview, which they argue qualifies the XRP token as a security. Ripple Sets to Launch Dollar-Stablecoin
Ripple (XRP) has disclosed plans for launching its own stablecoin, which will be pegged to the dollar and backed by bank deposits along with short-term U.S. Treasury bills. This move aims to expand Ripple Payments' capabilities in facilitating cross-border transactions. The introduction of this stablecoin promises: 
Ripple Secures Standard Custody & Trust in Latest Acquisition
Ripple (XRP), a cryptocurrency company, has just finalized the purchase of Standard Custody & Trust Company, a subsidiary of PolySign that specializes in corporate governance and the custody of digital assets. The transaction details, including the financial aspect, are yet to be revealed. 
