Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17 By Cointelegraph
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Given the current push for crypto regulation, the industry breathed a sigh of relief on July 13 as Labs scored a partial victory in its legal battle with the United States Securities and Exchange Commission (SEC) dating back to 2020.
Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled that Ripple’s XRP (XRP) token is not a security, but only regarding programmatic sales on digital asset exchanges. However, the SEC also notched up a victory of its own, with the judge ruling that XRP is a security when sold to institutional investors, as it met the conditions set in the Howey test.
South Korea to ask firms to disclose crypto holdings from 2024
First futures contract debuts in Argentina
Former Celsius CEO Alex Mashinsky arrested and charged
Continue Reading on Coin Telegraph
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Given the current push for crypto regulation, the industry breathed a sigh of relief on July 13 as Labs scored a partial victory in its legal battle with the United States Securities and Exchange Commission (SEC) dating back to 2020.
Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled that Ripple’s XRP (XRP) token is not a security, but only regarding programmatic sales on digital asset exchanges. However, the SEC also notched up a victory of its own, with the judge ruling that XRP is a security when sold to institutional investors, as it met the conditions set in the Howey test.
South Korea to ask firms to disclose crypto holdings from 2024
First futures contract debuts in Argentina
Former Celsius CEO Alex Mashinsky arrested and charged
Continue Reading on Coin Telegraph
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