Judge Analisa Torres of the U.S. District Court of the Southern District of New York ruled that Ripple Labs’ XRP token is a security when offered for institutional sales and “not a security” when sold to the broader public.
#LetsGo#XRP#XRPCommunity
This is a major win for @Ripple and the #XRPCommunity as it meant that XRP trading for retail is now classified as a digital commodity, which is not subject to securities laws!
Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
As a major global financial center, Singapore led the way in taking a pragmatic, innovation-first approach to crypto – we’re incredibly proud @Ripple is one of a handful of firms (<20) to receive in-principle approval for a MAS MPI license for digital payment token services!
Trying something new – some thoughts from me on the events (specifically the release of the Hinman documents) of this week. For me, this has all had a personal bent to it - and felt like it warranted some personal comments.
The SEC has filed lawsuits against Binance and Coinbase, two of the largest crypto exchanges in the world, for allegedly violating securities laws.
📺 Watch: https://t.co/H5hdeQMqtC
1/ It’s been 5 years since Bill Hinman gave his infamous speech – and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the scenes through the now public emails / drafts of the speech.
@kssinzop@AfcMiguel_ Your mother had the opportunity to utilize those nine months pursuing a master's degree, a PhD, or another valuable endeavor that could have contributed to society. Instead, we got you.