Ripple vs. SEC: Could newly released documents tip the balance? By Cointelegraph

[ad_1]


© Reuters.

The ongoing case of the Securities and Exchange Commission v Labs could have a significant impact on the future of cryptocurrency regulations.

Ripple first popped up in 2012 with the promise of providing financial institutions and other entities with faster, more affordable clearance of cross-border fund transfers. To that end, Ripple created the XRP Ledger and a cryptocurrency called XRP (XRP) to function as its native coin and facilitate transactions.

Enter the Hinman documents

What does the latest ruling mean for the case?

Could the case finally be reaching its conclusion?