- Crypto lawyer John Deaton hints at a attainable announcement on Friday, September 22, 2023.
- He jokingly means that the announcement has nothing to do with him suing anybody.
- Deaton’s publish comes after the latest replace to the DFS tips.
Famend crypto lawyer and pro-XRP advocate John Deaton has hinted at a presumably ‘BIG’ announcement coming this Friday, September 22, 2023. He took to X (previously Twitter) to share that if “every thing works out,” an announcement is imminent, whereas additionally jokingly suggesting that he’s not planning on suing anybody “but.”
A number of X customers, in response to Deaton’s publish, expressed their curiosity concerning the announcement whereas others even took guesses at varied potentialities; one consumer even recommended that Deaton is actually suing somebody, regardless of being informed in any other case. One other consumer by the identify, “TheFutureisHere” indicated that it could possibly be “one other” amicus curiae incoming.
An amicus curia refers to a person not concerned in a lawsuit, however is both requested by the court docket or looking for permission, to submit a quick because of their vital curiosity within the case’s material.
This comes hours after Deaton reposted reviews of the New York Division of Monetary Providers (DFS) saying an replace to its digital foreign money regime, stating:
After it was decided NOT to be a safety. It’s not even a safety if Ripple sells it on exchanges. Yea, this transfer isn’t political or punitive in nature.
In keeping with the replace, the DFS has reportedly eliminated a number of tokens from its “greenlist” of accepted tokens. A few of these tokens embrace Ripple, Dogecoin, and Litecoin amongst others.
The greenlist was created by the DFS as a part of its broader efforts in supervising the crypto area and though included twenty-five tokens beforehand now solely has eight accepted tokens.
Moreover, in a press launch on Monday, September 18, 2023, the DFS mentioned that the up to date steerage would make clear its expectations for the way DFS-regulated entities ought to record and delist cash.
The DFS added that it might additionally strengthen the danger evaluation requirements for coin-listing insurance policies. A brand new addition to the rules additionally mandates that licenses should now have a token de-listing coverage that ensures little to no impression on customers ought to companies finish help for cash.
