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The Colorado House of Prayer has issued tokens to fund the purchase of a 19th-century stone church building, valued at $2.5 million, which their congregation has rented since 2022. This fundraising initiative is spearheaded by Pastor Blake Bush, known for his keen interest in cryptocurrencies, including investments in Ripple (XRP). 
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? 
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 vs SEC: Is This the Final Chapter?
The crypto world is buzzing as the Ripple-SEC court case develops into a thrilling narrative, with discussions of a penalty discount, looming appeals, new stablecoin trials, and talk of an XRP ETF. We’re here to unravel the intricacies of this compelling drama. 
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 (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 (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. 
