
South Korea reportedly monitoring Ripple’s case against SEC
The classification of XRP in the US could broadly impact the classification of other altcoins as securities.

The classification of XRP in the US could broadly impact the classification of other altcoins as securities.

Garlinghouse praised regulators in Dubai, the U.K., Australia, Brazil, and South Korea for providing "leadership" and "clarity" for crypto firms.

Following David Schwartz tweet, the FLR token dumped by roughly 10% to $0.04367 as of press time.

Buterin said XRP hasn't apologized for writing the U.S. government that Bitcoin and Ethereum were Chinese-controlled assets.

LBRY founder says the judgment sets a precedent that could see almost every cryptocurrency, including Ethereum and Dogecoin, termed a security.

Euro Stasis chose XRPL because of its scalability, speed and cheap transaction costs.

According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin's market cap declined.

Bougalis played an integral role in the development of XRP Ledger, and is currently overseeing the introduction of NFTs to the network.

Ripple has received documents related to the SEC's former Director Hinman and filed an opposition to the watchdog's motion for summary judgment.

Ripple’s community argue that the allegations against former SEC Director William Hinman matter significantly and are based on facts.

Ripple's XRP is up 3.6% over the last 24 hours, continuing its impressive run over the last 30 days, according to CryptoSlate data.

A Ripple spokesperson reportedly said the firm was interested in looking for M&A opportunities to scale its business.
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