ChainCatcher news, according to Bitcoin.com, Ripple's Chief Legal Officer Stuart Alderoty recently stated when the SEC officially appealed the Ripple case in the U.S. that the ruling confirming that XRP is not a security for retail sales remains unchanged.He wrote on X: "This is not surprising at all------ once again, everything is clear. The court's ruling that 'XRP is not a security' has not been appealed. This decision is the law of the land." In the appeal, the SEC questioned several key rulings, including the decision that Ripple executives Brad Garlinghouse and Chris Larsen's non-cash distribution and sale of XRP did not violate securities laws.Ripple plans to submit its Form C next week as a cross-appeal against the institutional sales ruling. Both parties are preparing to extend the appeal process, which could impact the classification and regulation of digital assets in the future.

ChainCatcher news, Ripple CEO Brad Garlinghouse praised Brazil's cryptocurrency regulatory environment, as Brazil is one of the largest crypto markets in Latin America.In an interview with Valor Economico, Garlinghouse emphasized the work done by the Brazilian central bank to attract crypto companies to the country, "Brazil is one of the fastest-growing markets for the adoption of crypto assets and blockchain. The Brazilian central bank has been very constructive in its regulation, which has created opportunities." Additionally, he hinted at turning Ripple's office in São Paulo into the company's central hub for activities across Latin America to support tokenized value as an opportunity for organizations in the region.He concluded, "I see opportunities to explore blockchain for the tokenization of physical assets. I say this in the U.S., Brazil, Europe, and around the world. This is an opportunity to attract new investments."

ChainCatcher news, Ripple Labs Chief Legal Officer Stuart Alderoty stated that as the U.S. SEC prepares to appeal the federal judge's decision regarding XRP, the agency is set to face another defeat.In an interview, he said, "This will backfire on the SEC. I feel good about our case in the Southern District of New York, and even better about the case in the Second Circuit."Alderoty mentioned that when the U.S. SEC first sued Ripple and its two executives in 2020, the company publicly announced that its legal battle was "on behalf of the entire industry." He added that this move indicated the SEC "would take action against the entire industry."In August of this year, Judge Torres ordered Ripple to pay a $125 million fine for XRP transactions that violated securities laws. The SEC had previously claimed that Ripple raised $1.3 billion through unregistered securities offerings since 2013 and later sought a $2 billion fine against it. While Ripple appreciated Judge Torres's ruling, which stated that XRP "is not necessarily a security on its face," there were also judges who disagreed.The SEC has not indicated which parts of the Torres ruling it plans to appeal, while Ripple has also taken its own legal actions.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated that recent comments by U.S. Vice President Harris on cryptocurrency indicate that if regulators give the green light, investors will flood into the digital asset market.On Monday, Harris pledged to support a regulatory framework that protects Black investors and ownership of cryptocurrency. Hougan noted in a blog post that Harris's proposal coincided with a 5% rise in Bitcoin prices on Monday, with $555.8 million flowing into Bitcoin spot ETFs, the largest inflow since June 4.He added, "Regardless of what Harris actually said, the price movement that day tells me that there is a lot of capital on the sidelines waiting for the alarm to be lifted to enter the market."

ChainCatcher news, Minutes Network appoints former Rockstar co-founder Jamie King as Chief Marketing Officer.It is reported that Jamie King has over 20 years of experience in product innovation and marketing strategy. As a co-founder of Rockstar Games, Jamie King is known for his contributions to creative innovation and has received multiple awards for his work, including the BAFTA Lifetime Achievement Award in Video Games, the Gold Award for Chief Marketing Officer, the Tempest Esports Award, the Clio Award, and a nomination for "Outstanding Digital Innovation" at the 34th Sports Emmy Awards.

ChainCatcher news, Telegram is establishing a local office in Kazakhstan to improve compliance and communication with regulators.The Ministry of Digital Development, Innovation and Aerospace Industry of Kazakhstan announced on October 14 that Telegram has agreed to appoint a local representative and open an office in the Republic of Kazakhstan. According to Minister Zhaslan Madiyev, Telegram's entity in Kazakhstan will be "an important step in strengthening control over the content of the messaging platform."

ChainCatcher news, Kronos Research appoints former Tower Research executive Vincent Wang as Chief Technology Officer (CTO).Vincent Wang has over 20 years of experience in technology and finance, having served as the head of Tower Research in China. In his new role, he will focus on building a closely collaborative team, overseeing the design and architecture of major software system projects, and guiding team members in best practices.

ChainCatcher news, according to Crowdfundinsider, the artificial intelligence company OpenAI has announced its entry into the Singapore market and plans to establish a regional office for the Asia-Pacific in the local area within the year. OpenAI CEO Sam Altman stated that Singapore's leading position in the field of artificial intelligence and its potential to address social challenges are the main reasons for the company's decision to set up operations there.According to OpenAI data, Singapore is one of the countries with the highest per capita usage rate of ChatGPT globally, with the number of weekly active users doubling since the beginning of this year. To support this growth, OpenAI will form a team in Singapore as a hub to serve clients and partners in the Asia-Pacific region.The company also announced a partnership with AI Singapore, committing to invest up to $1 million to develop resources and open datasets suitable for Southeast Asia's diverse languages and cultures. OpenAI has appointed Oliver Jay as Managing Director of International Business, responsible for global expansion affairs.

ChainCatcher news, according to POLITICO, a dozen former senior regulators, lobbyists, and securities lawyers have indicated that if Donald Trump regains the presidency, Robinhood's Chief Legal Officer Dan Gallagher would be a candidate for chairman of the U.S. Securities and Exchange Commission (SEC). It is currently unclear whether Gallagher wants to leave Robinhood. Gallagher has stated that he loves his job and that "I am honored to be mentioned in discussions about who will be the next SEC chairman." However, there is no doubt that Gallagher has significant disagreements with the direction of the SEC. He mentioned that if he had served as chairman over the past few years, there would have long been tailored rules, as the industry has long sought, providing "at least a basic registration system pathway" for cryptocurrency exchanges and brokers. Even so, Gallagher believes that legislation is still needed.Gallagher previously served as a commissioner of the SEC, known for his affability and political skills. Other potential candidates for SEC chairman circulating on Wall Street under the Trump administration include former Commodity Futures Trading Commission chairman Chris Giancarlo, former SEC General Counsel Robert Stebbins, current partner at Willkie Farr & Gallagher law firm, and current SEC commissioner Hester Peirce. However, reports suggest that for some Republicans, whether Gallagher can become chairman has always been a matter of when, not if.

ChainCatcher news, the Dubai Multi Commodities Centre (DMCC) has partnered with Cointelegraph to establish a regional office at the DMCC Crypto Centre. DMCC is the world's flagship free zone and the Dubai government's authority for commodity trade and enterprise management. Cointelegraph will set up an office at the DMCC Crypto Centre, which has become the largest hub for crypto and blockchain businesses in the region. By becoming part of this community, Cointelegraph gains the opportunity to collaborate with the broader Web3 ecosystem. The opening of the Cointelegraph office in Dubai will enhance the chances for companies operating in the region to access media and marketing opportunities.As part of the collaboration, the thriving Web3 ecosystem in the DMCC business district will also prioritize the use of the Cointelegraph media platform. The new office will serve as a regional hub for business and networking operations, including event organization, partnerships, and community engagement programs.

ChainCatcher news, Michael Gronager, co-founder and CEO of blockchain analysis company Chainalysis, has stepped down from his leadership role after ten years.A spokesperson for Chainalysis confirmed that Gronager has been on "leave" since September 25 due to "personal issues." It is currently unclear whether Gronager plans to return or when. The spokesperson stated that Chainalysis President and COO Sari Granat will serve as interim CEO.

ChainCatcher news, Ripple's Chief Legal Officer Stuart Alderoty posted on social media stating, "The U.S. Securities and Exchange Commission (SEC) decision to appeal is disappointing but not surprising. This is just prolonging a situation that has already embarrassed the agency. The court has dismissed the SEC's suggestion of Ripple's reckless behavior, and there are no fraud allegations in the case, certainly no victims or losses.Under the leadership of current Chairman Gary Gensler, the SEC has not faithfully executed the law but continues to wage a lawsuit war against the crypto industry. We are evaluating whether to file a counterclaim. In any case, the SEC's lawsuit has been irrational and misleading from the start, and we are ready to prove this again in the appellate court (leading the industry once more).The SEC's enforcement director announced their resignation about an hour before this news was released; is this a coincidence?"

ChainCatcher news, Malaysian Prime Minister Anwar Ibrahim stated that the country will establish a national artificial intelligence office to coordinate initiatives surrounding the development of artificial intelligence.He also announced a national cloud computing policy plan aimed at improving public service innovation, economic growth, competitiveness, and digital inclusion. This policy will prioritize data security and user trust, ensuring that all citizens can benefit from technological advancements. The mission of the national artificial intelligence office is to complete a five-year technology "action plan" and a regulatory framework by next year, which will help promote the adoption of ethical and sustainable artificial intelligence.

ChainCatcher news, BitMEX Chief Growth Officer Raphael Polansky stated on X that despite many cheering for a market rebound, one of the macro indicators favored internally at BitMEX, the RRP, shows signs of continued tightening liquidity this month. Historically, RRP has been inversely correlated with Bitcoin's performance. A high RRP is typically bearish for Bitcoin and cryptocurrencies.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted on X platform: "We need a stablecoin asset management scale to exceed $1 trillion by the end of 2026 for Polymarket."

ChainCatcher news, Coinbase Chief Legal Officer Paulgrewal.eth posted on X that, according to data from the Federal Reserve Bank of Philadelphia, at least 17.1% of Americans owned cryptocurrency in 2023.