Bitcoin Regains $28,000, XRP Reaches New 10-Month High In Crypto Market Rise

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Bitcoin Regains $28,000, XRP Reaches New 10-Month High In Crypto Market Rise by ninabambysheva

“We expect a decision to come this year but it could come at any time–it could be weeks, it could be months. Timing is ultimately up to the Judge,” said Stacey Ngo, Ripple’s senior director of communications, in a written comment toThe bullish outlook for XRP may also partially stem from the classification of some major crypto assets such as bitcoin, ether and litecoin as commodities in the CFTC complaint against Binance.

“XRP is a raw good that trades in commerce and one XRP is treated as equivalent to every other XRP. That's pretty much the definition of a"commodity,” said Schwartz in a January posting onThe SEC and CFTC have been waging a turf war over regulation of digital assets. SEC Chairman Gary Gensler has

 

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