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SEC's сourt win over LBRY Credits faces appeal
Facing a court decision that sided with the SEC's classification of LBRY Credits tokens as securities, the crypto startup LBRY is poised to appeal.
Taking a leaf out of Ripple's book, they're looking to challenge the $111,614 fine and the bar on issuing tokens. 
Is Ripple Getting Ready for an IPO?
Ripple appears to be gearing up for an IPO (Initial Public Offering), as the company recently posted a job opening for a Senior Investor Relations Manager. This move has sparked rumors and speculation within the industry regarding Ripple's intentions to go public. 
SEC's Appeal Against Ripple Was Denied!
A federal judge denied the U.S. Securities and Exchange Commission's (SEC) request for an appeal against Ripple, asserting that the regulator did not demonstrate significant reasons to justify disagreements in opinions. However, he has set a court hearing date for April 2024 to address certain issues in the case. 
Digital Assets Gain Traction Among Investment Professionals
U.S., U.K., and European investment firms are increasingly appointing senior executives for digital asset strategies. Amberdata's recent report reveals that 24% of asset management firms have embraced a digital assets strategy, with another 13% aiming to do so within two years. The study, which surveyed 60 investment professionals, found that nearly half (48%) incorporate digital assets in their portfolios. Despite regulatory challenges, Amberdata anticipates a positive shift in the coming years, especially with Ripple's recent legal win against the SEC. 
