source<\/a>]<\/p>\n<\/div>\nRelated Articles<\/h2>\n<\/p>\n
The S.E.C. sued Ripple in December 2020, accusing the firm of violating securities laws in one of the first major legal fights involving cryptocurrencies. District Court for the Southern District of New York said that Ripple did not break the law when the cryptocurrency it created, XRP, was sold on public exchanges. The SEC has stepped up its enforcement actions toward the blockchain and digital assets industry, filing charges against platforms such as Coinbase or Binance for allegedly violating the US Securities law. The SEC claims that the majority of crypto assets are securities and thus subject to strict regulation.<\/p>\n<\/p>\n
\n- An end to the Gary Gensler era of regulation through enforcement may also end SEC plans to appeal against the Programmatic Sales of XRP ruling.<\/li>\n
- Judges in those cases will have to make separate determinations about whether the sale of those digital assets broke the law.<\/li>\n
- Expansion into new markets could cushion the blow of an injunction in the US.<\/li>\n
- We want our readers to share their views and exchange ideas and facts in a safe space.<\/li>\n
- A recent crossover of MACD below the signal line supports a bearish thesis for XRP.<\/li>\n
- Now, you can join contests, ace quizzes, read exclusive crypto insights, and unlock your potential in the cryptocurrency world with us.<\/li>\n<\/ul>\n
Ethereum ETF Decision Approaches: What Will Happen to ETH Prices?<\/h2>\n<\/p>\n