Daily Crypto News 3 September

U.S. Magistrate Judge Sarah Netburn has ordered Ripple to produce one million missing Slack messages among officials to which the Securities and Exchange Commission (SEC) is seeking access, Cointelegraph  reported. The SEC filed a lawsuit against Ripple Labs for selling XRP as an unregistered security in December. Ripple believes it is unfair to produce messages priced up to $ 1 million for many months. In response, the judge said the prices were exceeded because of their case.

On September 7, the Bitcoin Law as a means of payment of El Salvador should come into force, but the majority of respondents are against the adoption of cryptocurrency, Cointelegraph reported. The Institute for Public Opinion of the local Central American University (UCA) conducted a survey and the results show that 70% of Salvadorans believe that the Bitcoin Law should be repealed. In addition to that, more than 90% of respondents admitted that they do not understand cryptocurrency well.
 

Bitcoin remains the most popular cryptocurrency in Australia, according to a recent study, one in six Australians now owns a cryptocurrency with a total value of $ 8 billion, Cointelegraph reported. About 8% of Australians say they own Ethereum, 5% own Dogecoin, while Bitcoin Cash is held by 4% of the population. Surprisingly, 35% of respondents believe that bitcoin will eventually be traded more widely than the traditional currency. The study also shows that global social media influences crypto sentiment.