Ripple effect as explosive XRP leads market charge
the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums.
It is fair to assume that if XRP is not a security, barely any other digital asset can be considered that way “For the first time, it seems like we have rules of the road for how to evaluate these tokens,” said Ben Weiss, CEO of crypto ATM network CoinFlip. Ripple Labs said last week that its pursuit of sound crypto regulation in the US was far from concluded. In the meantime, it said it would continue to invest in jurisdictions that have embraced clear regulatory frameworks.
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