The put up The US SEC Calls for a Ruling on XRP’s Classification as a Safety! appeared first on Coinpedia Fintech Information
The US Securities and Change Fee (SEC) has appealed a July court docket ruling that XRP shouldn’t be categorised as a safety when offered to retail traders. In a letter to Choose Analisa Torres, the regulator has requested for the case to be placed on maintain in the course of the attraction course of, stating that different pending court docket circumstances may very well be affected. The SEC is at present embroiled in authorized battles with a number of cryptocurrency corporations over alleged securities violations. In August, Choose 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.
