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  <p class="is-style-lead">Judge Analisa Torres of the US District Court rules <a href="https://crypto.news/price/xrp/" data-type="URL" data-id="https://crypto.news/price/xrp/" rel="noopener noreferrer nofollow">XRP</a> is not a security, sparking community debate on implications for the Binance lawsuit.</p> 
  <p>In court, the judge denied the SEC’s request for summary judgment regarding programmatic sales of XRP and sales by confident leaders of the company.</p> 
  <p> You might also like: <a href="https://crypto.news/xrp-is-not-a-security-us-judge-rules/" rel="noopener noreferrer nofollow"> XRP is not a security, US judge rules </a> </p> 
  <p>This ruling implies that XRP is not considered a security when sold to the general public. The verdict has created a mixed response, with the majority of the crypto community interpreting it positively, likely because they are primarily retail investors focused on the non-security aspect of the ruling.</p> 
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     <p lang="en" dir="ltr">A huge win today – as a matter of law – XRP is not a security. Also a matter of law – sales on exchanges are not securities. Sales by executives are not securities. Other XRP distributions – to developers, to charities, to employees are not securities.</p>— Stuart Alderoty (@s_alderoty) <a href="https://twitter.com/s_alderoty/status/1679553612236881921?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2023</a> 
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  <p><a href="https://twitter.com/JohnEDeaton1/status/1679547070129094656" target="_blank" rel="noopener noreferrer nofollow">John E. Deaton</a>, the founder of Crypto-Law.us and managing partner of the Deaton Law firm, commented on the ruling on Twitter. He stated it was unquestionable that Coinbase should relist XRP, not only due to Judge Torres’ ruling but also because it aligns with Coinbase’s legal interests and public perception.</p> 
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     <p lang="en" dir="ltr">I was just informed that XRP is live <a href="https://twitter.com/iTrustCapital?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@iTrustCapital</a> ! BOOM! The exchange snowball begins!</p>— Digital Asset Investor (@digitalassetbuy) <a href="https://twitter.com/digitalassetbuy/status/1679551505341227236?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2023</a> 
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  <p>Deaton asserts that XRP currently possesses more legal and regulatory clarity than any token, except for Bitcoin. </p> 
  <p>As a highly involved crypto community member, Deaton also retweeted other developments. He suggested this ruling will start an exchange snowball starting with iTrust Capital, a crypto IRA platform.</p> 
  <p>Gemini Exchange reiterated this response with their exploration or <a href="https://crypto.news/bitbuy-relists-xrp-amid-improvements-in-ripple-vs-sec-case/" target="_blank" rel="noopener noreferrer nofollow">relisting XRP</a> for spot and derivatives trading, alongside the leading Canadian exchange Bitbuy who discreetly relisted XRP trading on July 13.</p> 
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     <p lang="en" dir="ltr">Given today's ruling that the sale of XRP on exchanges is not a security, <a href="https://twitter.com/Gemini?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Gemini</a> is exploring the listing of XRP for both spot and derivatives trading.</p>— Gemini (@Gemini) <a href="https://twitter.com/Gemini/status/1679550388272283649?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2023</a> 
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  <p>Uphold, another major global asset exchange, shares their support, highlighting they weren’t among the other delistings.</p> 
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     <p lang="en" dir="ltr">HUGE congrats to the <a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPCommunity</a>! We are thrilled with the news announced today 🥳<br><br>💚 We are proud to have supported &amp; stood by the <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> community. We are your home for <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> &amp; let's continue to stick together! <a href="https://t.co/W53r9OjCZV" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/W53r9OjCZV</a></p>— Uphold (@UpholdInc) <a href="https://twitter.com/UpholdInc/status/1679535402271531035?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2023</a> 
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  <p>The SEC designated approximately 50 altcoins as securities through legal actions and public statements. Nevertheless, the Ripple case and the classification of XRP as security remain particularly significant, given their potential influence on other ongoing cases.</p> 
  <h2 class="wp-block-heading" id="how-xrp-decision-will-affect-the-market">How XRP decision will affect the market</h2> 
  <p>Of course, the ruling of XRP implications holds greater weight given the SEC’s lawsuit against Coinbase.</p> 
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   <div class="wp-block-embed__wrapper"> <iframe title="Coinbase responds to the SEC’s Wells notice | Full video" width="1020" height="574" src="https://www.youtube.com/embed/zq2jf4sBdYE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
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  <p>Tyler Winklevoss, one of the co-founders of the Gemini exchange, quickly raised these implications highlighting that today’s XRP ruling implies the SEC has no jurisdiction over digital assets.</p> 
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     <p lang="en" dir="ltr">The Ripple ruling today decimates the <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@SECGov</a>'s case against <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@coinbase</a>. Have fun with that one <a href="https://twitter.com/GaryGensler?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@GaryGensler</a>. <a href="https://t.co/2lfFXxX2Xf" target="_blank" rel="noopener noreferrer nofollow">https://t.co/2lfFXxX2Xf</a></p>— Tyler Winklevoss (@tyler) <a href="https://twitter.com/tyler/status/1679535692131467264?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2023</a> 
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  <p class="is-style-lead">Although it may be too early to say what the results of this announcement on the Coinbase lawsuit will be, the crypto community continues to celebrate the <a href="https://twitter.com/IOHK_Charles/status/1679519335667179520" target="_blank" rel="noopener noreferrer nofollow">big step for cryptocurrency</a> as a move in the right direction for mainstream adoption.</p> 
  <p> Read more: <a href="https://crypto.news/bitbuy-relists-xrp-amid-improvements-in-ripple-vs-sec-case/" rel="noopener noreferrer nofollow"> Bitbuy relists XRP amid improvements in Ripple vs. SEC case </a> </p>
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Crypto Twitter discusses US XRP ruling, citing possible Binance implications

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