Ripple has submitted a cross-appeal to dispute the SEC's classification of XRP. This legal move aims to address the longstanding regulatory issue that has been a point of contention between Ripple and the SEC.
Ripple CEO, Brad Garlinghouse, expresses optimism about navigating the regulatory landscape despite the uncertainties that loom over the crypto market, particularly concerning how digital assets like XRP should be categorized.
This cross-appeal represents Ripple's ongoing battle to clarify and potentially overturn the SEC’s stance, which could significantly influence regulatory precedents for digital currencies.
Source: en.coin-turk.com ↗