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Legal Regulatory

THXPF

Thor Explorations has been vindicated by an Inter-Ministerial Fact-Finding Committee report, which confirmed the company's compliance with legal and regulatory obligations. The report invalidated a ₦3.25 billion tax invoice, reducing it to ₦98.35 million, and found no evidence of environmental pollution or grounds for additional environmental levies.

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March 26, 2025 | 9:30 am

XRP-USD

Ripple has reached a final settlement with the SEC, agreeing to pay a $50 million penalty, significantly reduced from the initial $125 million. The 5-year lawsuit is concluding, with the SEC expected to lift the standard injunction on Ripple's operations. This development signals a shift from 'regulation through enforcement' and could positively impact XRP's market performance.

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March 26, 2025 | 9:30 am

IMX

The SEC has terminated its investigation into Immutable, a Web3 gaming platform, without finding any violations. This decision is part of a broader trend of regulatory softening under new leadership, with multiple crypto investigations being dropped in recent months. The news caused Immutable's IMX token to surge 15%, reaching its highest price since March 3.

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March 26, 2025 | 9:30 am

XRPUSD

Following Ripple's successful legal resolution with the SEC, prominent ETF analyst Nate Geraci predicts BlackRock and Fidelity are likely to launch XRP ETFs. The company reduced its SEC fine from $125 million to $50 million, clearing regulatory hurdles. Polymarket indicates an 84% probability of XRP ETF approval by 2025, with potential price targets reaching $3.

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March 26, 2025 | 9:00 am

UMAUSD

Polymarket is investigating an alleged governance attack on a $7 million prediction market bet about a Ukraine-Trump mineral deal. A UMA token whale reportedly manipulated voting results, resolving the bet to 'yes' despite no official agreement. The platform acknowledges the unprecedented situation and is working with UMA to prevent future exploits.

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March 26, 2025 | 9:00 am

ALVO

Alvotech, in partnership with Kashiv Biosciences and Advanz Pharma, has submitted a marketing authorization application to the UK Medicines and Healthcare Products Regulatory Agency (MHRA) for AVT23, a proposed biosimilar to Xolair. The biosimilar targets severe persistent allergic asthma and chronic rhinosinusitis with nasal polyps, with global Xolair sales reaching $4.4 billion in 2024.

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March 26, 2025 | 8:45 am

TSLA

Canada has suspended electric vehicle rebate payments to Tesla and excluded the company from future federal EV incentive programs. This action stems from concerns over US trade tariffs and a reported large rebate claim by a Quebec Tesla dealership. The suspension affects C$43 million in outstanding payments and occurs alongside a broader context of escalating trade tensions.

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March 26, 2025 | 8:45 am

ALVO

Alvotech, in partnership with Kashiv Biosciences and Advanz Pharma, has received marketing authorization application acceptance from the UK Medicines and Healthcare Products Regulatory Agency (MHRA) for AVT23, a proposed biosimilar to Xolair. This represents a significant step towards increasing patient access to a biologic treatment for severe persistent allergic asthma and chronic rhinosinusitis with nasal polyps. Global sales of Xolair were approximately $4.4 billion in 2024.

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March 26, 2025 | 8:45 am

THX

Thor Explorations' Nigerian subsidiary Segilola Resources Operating Limited (SROL) received a fact-finding committee report that exonerates the company from tax and environmental allegations. The report confirms SROL's legal compliance, invalidates a ₦3.25 billion tax invoice, and finds no evidence of environmental pollution.

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March 26, 2025 | 8:45 am

XRP-USD

Despite significant positive developments for Ripple, including a favorable SEC lawsuit resolution and potential US ETF, XRP's price remains stagnant. The cryptocurrency experienced a major price rally between November 2024 and January 2025, reaching $3.4, but has since failed to maintain momentum. The article suggests the price movement might have been driven by pre-election and pre-inauguration speculation.

Portfolio Pulse from

March 26, 2025 | 8:45 am