Here’s what happened in crypto today By Cointelegraph

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© Reuters

Labs scored a major win in its battle with the United States Securities and Exchange Commission (SEC), with XRP deemed as not a security when sold on digital asset exchanges. However, some lawyers argue an appeal is possible and that it may not necessarily help in cases against Binance and Coinbase (NASDAQ:).

Binance has reportedly laid off over 1,000 workers in recent weeks, as the cryptocurrency exchange grapples with regulatory challenges and a U.S. Justice Department investigation.

XRP tops on Upbit with $2.6B of trading volume in 24 hours

Upbit 24-hour trading volume. Source: CoinGecko

XRP ruling a “watershed moment,” but don’t celebrate yet