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XRP was deemed"Not a Security"
On July 13, 2023, a U.S. federal court made a pivotal ruling that the cryptocurrency XRP is not considered a security when traded on public exchanges. This decision was a significant victory for Ripple, the company associated with XRP, marking a landmark moment not just for Ripple but for the broader U.S. crypto industry.
It was the first major win against the U.S. Securities and Exchange Commission (SEC) and sets a precedent for the regulation of crypto assets, tokens, and securities in the United States
#iTrustCapital #xrp #ripple #XRPCommunity 📈

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