As XRP SEC case nears conclusion, what will be its effects on the industry?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The XRP SEC battle heats up as the Hinman document takes center stage. Ripple's CBDC platform launch adds intrigue amidst a bullish XRP price trend.

. The Hinman documents contain internal discussions and analyses regarding categorizing cryptocurrencies as securities, potentially shedding light on the SEC’s perspective on XRP.

This extension request demonstrated the willingness of both parties to comply with the 16 May ruling, enabling the public to access a selection of documents relevant to the case.In 2020, the SEC accused Ripple, the creator of the XRP cryptocurrency, of conducting an unregistered securities offering by selling over $1 billion worth of XRP to investors in 2013. The SEC charged Ripple, as well as its executives, with selling unregulated securities through XRP, totaling over $1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines