A big win for Ripple, considering that XRP is not a financial asset except in one part, which is the institutional sales through which the money was raised for the company.
This is where Ripple might have to pay a fine.
Otherwise, selling and trading XRP through platforms does not make it an unregistered financial asset.
I do not know if the SEC will appeal the decision or not, if not, it is expected that XRP will be re-listed on US platforms again. Considering #XRP is not a financial asset, this gives another reason to approve Bitcoin ETF funds, because Bitcoin and even Ethereum are in the same category as XRP and even have the advantage of decentralization.
Altcoins that have been designated as financial assets by the SEC are likely to be reconsidered.
Or at least you deserve it.
#bitcoin #nostr #plebchain #coffeechain #XRP
Kashkha / Mazenger
npub1v0…c9ccp
2023-07-13 18:46:38
Author Public Key
npub1v07qpke2ew76cxm27wcz8hd20ktqfgytfnje5w3d2x9yj56yzgjs5c9ccpPublished at
2023-07-13 18:46:38Event JSON
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"content": "A big win for Ripple, considering that XRP is not a financial asset except in one part, which is the institutional sales through which the money was raised for the company. \nThis is where Ripple might have to pay a fine. \nOtherwise, selling and trading XRP through platforms does not make it an unregistered financial asset. \nI do not know if the SEC will appeal the decision or not, if not, it is expected that XRP will be re-listed on US platforms again. Considering #XRP is not a financial asset, this gives another reason to approve Bitcoin ETF funds, because Bitcoin and even Ethereum are in the same category as XRP and even have the advantage of decentralization.\n Altcoins that have been designated as financial assets by the SEC are likely to be reconsidered.\n Or at least you deserve it.\n\n\n#bitcoin #nostr #plebchain #coffeechain #XRP \n\n",
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