Professional-XRP Advocate John Deaton Teases ‘BIG’ Announcement for Sept 22

• 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 submit comes after the current replace to the DFS pointers.

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 “all the things 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 submit, expressed their curiosity in regards to the announcement whereas others even took guesses at numerous potentialities; one person even instructed that Deaton is in truth suing somebody, regardless of being instructed in any other case. One other person by the identify, “TheFutureisHere” indicated that it may very well be “one other” amicus curiae incoming.

An amicus curia refers to a person not concerned in a lawsuit, however is both requested by the courtroom or searching for permission, to submit a short resulting from their important curiosity within the case’s material.

This comes hours after Deaton reposted stories of the New York Division of Monetary Companies (DFS) saying an replace to its digital forex 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 line with the replace, the DFS has reportedly eliminated a number of tokens from its “greenlist” of accredited tokens. A few of these tokens embody Ripple, Dogecoin, and Litecoin amongst others.

The greenlist was created by the DFS as a part of its broader efforts in supervising the crypto house and though included twenty-five tokens beforehand now solely has eight accredited tokens.

Moreover, in a press launch on Monday, September 18, 2023, the DFS stated that the up to date steerage would make clear its expectations for a way DFS-regulated entities ought to checklist and delist cash.

The DFS added that it will additionally strengthen the chance 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 influence on customers ought to companies finish assist for cash.