The US Securities and Exchange Commission (SEC) has taken significant actions as it proceeds with its appeal against a prior ruling in its ongoing legal battle with Ripple Labs. This legal confrontation centers around the SEC's allegations of Ripple's unregistered sale of securities through its cryptocurrency, XRP. The appeal marks a pivotal juncture in the proceedings, as it could significantly impact the future of XRP and possibly influence other cryptocurrencies facing regulatory scrutiny. The outcome of this appeal is anticipated closely by stakeholders in the fintech and regulatory sectors.
Kaynak: www.theblockcrypto.com ↗