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Crypto update: SEC Ripple appeal, PayPal stablecoin launch, Brazil names CBDC

Crypto roundup yellow
GRIP Montage: Getty Images

Ripples in the cryptosphere as SEC asks judge to reconsider July decision.

Several significant developments from both governments and companies have taken place across the globe this week.

SEC Ripple appeal

The SEC will appeal a recent court decision involving Ripple Labs, Reuters reported this week. The decision was described as “a setback for the agency’s efforts to oversee cryptocurrency markets”.

While