Last week, the cryptocurrency payments company won a procedural battle as part of its legal battle with the SEC. However, it might not be of any use.
According to Ripple, there is no agreement between the company and owners of XRP tokens and that the 'market forces of supply and demand' are the true source of XRP revenues.
The co-founder and CTO of Stellar is currently assembling a group of engineers and business leaders to open up a brand-new area of space exploration.
In order to allow DRP to emphasis on file review concerns relating to crypto assets, the Office of Crypto Assets, which is soon to be established, will examine crypto filings.
The comment comes amid accusations from Ripple Labs and other detractors that the SEC went too far in enforcing the crypto market.
According to the CEO of blockchain firm Ripple, 'tribalism' around bitcoin and other cryptocurrencies is dragging back the entire $2 trillion sector.