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The publish The US SEC Calls for a Ruling on XRP’s Classification as a Safety! appeared first on Coinpedia Fintech Information
The US Securities and Trade Fee (SEC) has appealed a July courtroom ruling that XRP shouldn’t be categorized as a safety when offered to retail traders. In a letter to Decide Analisa Torres, the regulator has requested for the case to be placed on maintain through the enchantment course of, stating that different pending courtroom circumstances may very well be affected. The SEC is at the moment embroiled in authorized battles with a number of cryptocurrency companies over alleged securities violations. In August, Decide Torres dominated that the XRP token was not in itself safety however that gross sales of the token may very well be securities in sure circumstances.
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