.BernsteinBuzz says the U.S. court’s ruling that Ripple’s $XRP is not a security emphasizes the need for a separate digital assets regulatory framework. By willcanny99.
ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales, is a landmark judgment for crypto, broker Bernstein said in a research report Thursday.
The ruling reduces the “securities overhang on tokens sold on exchanges,” and is a “major relief for all tokens sold on secondary platforms,” analysts led by Gautam Chhugani wrote.
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