The New York State Department of Financial Services (DFS) has created a Greenlist of pre-approved cryptocurrencies for custody service and listing. XRP has been approved for custody but is yet to be green listed for listing.
Ripple has replied once again to the plaintiff’s fraud allegations in the Zakinov v. Ripple Labs case. Ripple claims that the plaintiff has had two bites at the apple and takes a third, yet he still fails to show why the statements on which his Fraud Claims depend are false.
Simmons v. Ripple Labs, one of the two cases currently open against Ripple claiming the company has violated the securities law, has been moved from New York to California.
Τhe California Blockchain Working Group suggested that a definition and separate regulation of digital assets based on their function could bring regulatory clarity to blockchain and digital assets.