'I think we will win': Coinbase buoyed in case against SEC after landmark Ripple XRP decision
Publishing timestamp: 2023-07-14 08:21:48
Summary
A U.S. judge ruled that XRP token purchases via exchanges were not securities transactions, strengthening Coinbase's arguments in its legal case against the SEC. The ruling is seen as a positive development for the cryptocurrency firm and the broader crypto community. However, there are still implications and uncertainties regarding the classification of cryptoassets as securities. Coinbase's chief legal officer criticized the SEC's approach and called for new rules to address the challenges posed by new technology.
Sentiment: MIXED
Keywords: digital currency, products and services, social issues, united states, cryptocurrency exchanges, coinbase global inc, technology, ripple, business news, cryptocurrency, ripple/usd coin metrics,