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Judge Sarah Netburn has order ed Ripple Labs and the United States Securities and Exchange Commission (SEC) to agree on three mutually convenient dates for a potential settlement conference days after she ruled that XRP is not a security. This order pertains to Judge Torres’s recent decision on the cross-motion for summary judgment. However, it is essential to clarify that the judge is simply suggesting a settlement conference if both Ripple and the SEC believe it would be productive at this time. You might also like: Lawyer: SEC has to appeal after ruling on XRP Judge Netburn’s order does not guarantee a settlement within the next 6-8 weeks. Instead, if the parties agree on a date, it must be scheduled well in advance due to the court’s calendar. To be clear: Judge Netburn is suggesting that both sides agree on some possible dates for a settlement meeting, *IF* "they believe it to be productive at this time." This doesn't mean we'll ...

There is no technical reason preventing Russia from creating its own blockchain-based system, blockchain provider Fuse Network's CEO believes. The adoption of Blockchain is the right direction for Russia to solve its current settlement issues , according to an executive at Russia’s largest bank, Sberbank. Blockchain technology has matured over the past few years to offer new capabilities that potentially enable Russia to create more efficient payment systems, Sberbank’s first deputy chairman Alexander Vedyakhin said. On March 14, Vedyakhin took part in the meeting of Russia’s Federation Council on the budget and financial markets committee, highlighting the promising future of Blockchain in Russia, the local news agency Interfax reported. According to Vedyakhin, the distributed ledger technology (DLT) is a great foundation for a new payment system due to its decentralized nature and privacy-enabling features. He stated: “Because it’s a distributed ledger, there is no single point...