XRP users can now use their assets to buy Keturah Reserve homes. Last month, MAG, one of the UAE’s leading property developers, announced the launch of Keturah Reserve, a new exclusive UAE (AED) 3 billion luxury residential complex in Meydan, one of the most wanted from dubai.
You can buy a stylish house in Keturah Reserve in Dubai using #XRPamong other things.https://t.co/rYYDah5qbB
— WrathofKahneman (@WKahneman) December 21, 2022
Keturah Reserve will feature super homes comprising of one, two, three and four bedroom villas and apartments and is part of the new luxury hotel and property brand Keturah.
A cryptocurrency payment option listed in Keturah Reserve’s official prospectus supports XRP, USDT, BTC, ETH, USDC, LTC, BCH, Link, UNI, COMP, CHZ and eight other cryptocurrencies.
The fallout from Ripple’s lawsuit sparks discussion on Twitter
In the Ripple lawsuit, motions for summary judgment to exclude expert testimony have now been fully briefed and decisions are awaited. As the outcome of the summary judgment is awaited, discussions are emerging on Twitter about what might happen next.
An XRP user asked: “If Ripple gets a sweeping victory in a lawsuit and dry appeals to the appellate court, what happens in the interim? Ripple has the green light to operate in the US until it make the final decision?”
James K. Filan responded: “The SEC will ask to stay the ruling pending its appeal to the Second Circuit. That means it will ask the court to stay the ruling until the appeal is over. It would be an epic battle between the parties and whether the court agrees with that remains to be seen.”
The SEC will seek a stay of the ruling pending its appeal to the Second Circuit. This means that he will ask the court not to enforce the sentence until the appeal is over. It would be an epic battle between the parties and it remains to be seen if the court agrees.
— James K. Filan 🇺🇸🇮🇪 126k (beware of imposters) (@FilanLaw) December 21, 2022
Attorney Jeremy Hogan argues otherwise: “If she (Judge Torres) simply decides that there was absolutely no violation of Article 5, what is there to ‘stay’ apart from the typical post- the judgment on costs”. Another user believes that if Ripple wins, exchanges will feel more confident to rent XRP again.