• Ripple CTO Says ‘Tide Is Turning’ On US Regulatory Environment

    September 9, 2023
    No Comments
    Image by Motokoka

    Please Follow us on Gab, Minds, Telegram, Rumble, GETTR, Truth Social, Twitter 

    A court ruling that cleared Ripple’s XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving the likes of Coinbase and Binance.US, as well as pending exchange-traded fund (ETF) applications.

    Speaking exclusively to Cointelegraph during the company’s annual Apex developer conference being hosted in Amsterdam, Ripple chief technology officer David Schwartz weighed in on the potential precedent set by a federal judge ruling that XRP XRP $0.50 was not a security when sold programmatically on cryptocurrency exchanges.

    Ripple has been entwined in a protracted legal battle with the U.S. Securities and Exchange Commission (SEC) since 2020, but its recent partial victory may have positive implications for a number of crypto-related lawsuits instituted by the SEC...

    To read more visit Cointelegraph.

    ‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!  

    Author

    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of
    guest

    0 Comments
    Inline Feedbacks
    View all comments
  • Subscribe to our evening newsletter to stay informed during these challenging times!!

    ×