A US judge has dismissed an SEC lawsuit against Ripple related to its XRP token. The price of XRP rose 5% following the news. The judge set a trial date of April 2024 to resolve other issues.

The trial of FTX founder Sam Bankman-Fried began on Tuesday. The former CEO of the crypto exchange denies allegations of embezzling funds from FTX clients.

The Bank for International Settlements (BIS) has released a study on a new decentralized financial data platform that could form the basis for regulation of the crypto market. The Atlas project was used to track international flows between crypto exchanges.