SEC vs. Ripple nears conclusion as XRP-ETH comparison takes center stage: report ⚖️
The ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Ripple is approaching a pivotal moment. The crux of the case lies in whether XRP, the cryptocurrency associated with Ripple, should be considered a security or a commodity. According to a report by Fox Business, the SEC already considers ether (ETH) as a commodity and is examining if the same rationale can be applied to XRP.
Source: www.theblockcrypto.com ↗
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