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Crypto Market Is Celebrating SEC’s Setback in Ripple Suit. But the Case Is Far From Settled
- linkweb3
- 2023-07-14
- 3144
- Newsletter
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Summary:(Bloomberg) -- A US Securities and Exchange Commission lawsuit against Ripple Labs Inc. has kept crypto on edge since 2020 by raising the prospect that digital tokens are securities that fall under the agency’s strict regulatory purview. Yet even as a ruling Thursday seemed to undermine the watchdog’s case, the issue is far from settled.Most Read from BloombergHow Much Income You Need to Crack America's Richest 1%Singapore Arrests Minister, Property Tycoon in Graft ProbeEx-Celsius CEO Alex Mashi
(Bloomberg) -- A US Securities and Exchange Commission lawsuit against Ripple Labs Inc. has kept crypto on edge since 2020 by raising the prospect that digital tokens are securities that fall under the agency’s strict regulatory purview. Yet even as a ruling Thursday seemed to undermine the watchdog’s case, the issue is far from settled.Most Read from BloombergHow Much Income You Need to Crack America's Richest 1%Singapore Arrests Minister, Property Tycoon in Graft ProbeEx-Celsius CEO Alex Mashi
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