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Romanias Ministry of Defense: Experts are heading to a third location near the Ukrainian border to collect debris from a drone dropped during Russias attack on Kyiv two days ago.The Ukrainian military reported that it attacked an oil refinery in Yaroslavl, Russia.On April 26, the General Office of the CPC Central Committee and the General Office of the State Council issued an opinion on strengthening the service and management of newly employed groups. The opinion emphasizes strengthening the protection of their legitimate rights and interests. It calls for urging internet platform companies and express delivery companies to reasonably determine the remuneration of newly employed groups based on work tasks and labor intensity, and to pay them in a timely and full manner. It also emphasizes guaranteeing the rest rights of newly employed groups and strengthening labor protection under special circumstances such as severe weather. Furthermore, it calls for ensuring smooth channels for expressing grievances within enterprises, improving dispute resolution mechanisms, handling complaints and appeals fairly and reasonably, and protecting the legitimate rights and interests of all parties. The opinion also calls for establishing and improving a regular consultation and discussion mechanism for important matters concerning the rights and interests of newly employed groups, and disclosing the results of consultations to the newly employed groups through appropriate means. Finally, it calls for investigating and punishing illegal and irregular activities such as unreasonable charges and commissions, unfair allocation of traffic, and abuse of market dominance in accordance with laws and regulations. The opinion also incorporates the protection of the legitimate rights and interests of newly employed groups into the corporate social responsibility evaluation system and supports relevant social organizations in promoting industry self-regulation.On April 26, the General Office of the CPC Central Committee and the General Office of the State Council issued an opinion on strengthening the service and management of newly employed groups. The opinion emphasizes improving supervision and management. It calls for strengthening industry operation monitoring, improving the employment information release system, and guiding newly employed groups to form reasonable expectations regarding income and benefits. It also calls for comprehensively addressing "involutionary" competition and strictly preventing damage to the legitimate rights and interests of newly employed groups. Furthermore, it emphasizes strengthening the protection of the personal privacy and information security of newly employed groups in accordance with the law. Finally, it calls for strengthening financial supervision and further standardizing the management of business loans involving newly employed groups. Finally, it calls for resolutely cracking down on illegal and criminal activities such as fraud and loan fraud involving newly employed groups.On April 26, the General Office of the CPC Central Committee and the General Office of the State Council issued an opinion on strengthening the service and management of new employment groups. The opinion emphasizes strengthening the governance of internet platform algorithms. It urges internet platform companies to earnestly fulfill their social responsibilities, standardize algorithms, improve transparency, and guarantee the new employment groups right to know, participate in, and choose algorithm rules. It calls for optimizing and adjusting algorithm rules, fully considering the opinions of trade unions and representatives of new employment groups, and reasonably determining allocation rules, pricing rules, and time estimations. It also mandates regular review, evaluation, and verification of algorithm mechanisms and application results, and strict enforcement of the algorithm filing system. The opinion emphasizes the application of innovative technologies such as artificial intelligence and the Internet of Things to optimize algorithms. Finally, it calls for conducting algorithm security assessments and supervision in accordance with the law.

SEC vs Ripple Update Dial-In Details Available for June 7 Conference

Jimmy Khan

Jun 06, 2022 11:59

Ripple and XRP had a busy week. Judge Sarah Netburn set a June 7 conference in response to a May 18 SEC filing and a May 13 Ripple reply.


The May 13 reply came in response to an SEC filing asserting attorney-client privilege shields William Hinman's 2018 speech.


The SEC vs Ripple lawsuit has been in the spotlight this year.

SEC v Ripple Dial-in Option Allows Attendance

James Filan, the defense counsel in SEC v Ripple, posted dial-in data on June 3.


The conference begins at 3pm EST. The tweet states, "USA 877-226-8215 INT 409-207-6982 Code 4713826#."


Stay tuned to @FilanLaw for updates. Calling too early will give you the erroneous code.

The conference's decision might affect SEC v. Ripple and the crypto market.


Hinman said bitcoin and Ethereum aren't securities in 2018.


Ripple Labs filed a compel motion in 2021. Motion demanded SEC speech materials.


Ripple defense lawyer Matthew Solomon objected to the SEC brief, noting that the SEC has filed at least six motions to dispute Ripple's request to compel.


A defense win would allow Ripple Labs to explore the categorization of bitcoin, Ethereum, and other cryptocurrencies.


It remains to be seen if Judge Netburn allows additional SEC filings on the attorney-client privilege.

Tuesday's conference will likely affect XRP.

SEC Case Determined XRP Price

XRP rose 1.82 percent to $0.4023 at press time.


XRP's early morning high was $0.4033.


First Major Resistance Level was $0.3998.

INDICATORS

XRP must avoid the First Major Resistance Level and $0.3946 to retarget $0.4046. XRP needs the crypto market to avoid sub-$0.40.

XRP should challenge $0.41 barrier if it rallies. Third major resistance is $0.4146.


A break below First Major Resistance would result in First Major Support at $0.3898.


XRP should avoid sub-$0.3850 barring another lengthy sell-off. Second major support is $0.3846.


EMAs and 4-hourly candlestick chart are bearish. XRP is below the 100-day EMA at $0.4102. 50-day EMA narrowed to 100-day EMA this morning. 100-day EMA flattened on 200-day EMA, XRP up.


A break of the 100-day EMA would support $0.45. SEC v Ripple will determine the week's direction.