The Chamber of Digital Commerce (CDC), a U.S. advocacy organization, expressed satisfaction with the court ruling in support of Ripple, aligning with their stance as stated in their amicus brief.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/710f054ee1484402a5bc9c0ed47b43be.gif" />On August 1, the CDC released a comprehensive report analyzing the impact of the SEC’s lawsuit against Ripple. The <a href="https://cryptosheadlines.com/microstrategys-q1-report-highlights-bitcoin-as-its-main-focus/" rel="noopener noreferrer nofollow">report highlights</a> the ruling’s significance for the future of the crypto industry.According to the CDC’s evaluation, Judge Analisa Torres’s decision establishes an essential precedent in the realm of <a href="https://cryptosheadlines.com/texas-opposes-central-bank-digital-currency-cbdc/" rel="noopener noreferrer nofollow">digital currency</a>. It distinguishes between investment contracts and the underlying assets, representing a groundbreaking <a href="https://cryptosheadlines.com/norges-bank-report-recommends-norway-to-develop-national-strategy-for-crypto-regulation/" rel="noopener noreferrer nofollow">development in crypto regulation</a>.In the report, Judge Torres’s categorization of <a href="https://cryptosheadlines.com/ripples-xrp-price-sets-sail-in-positive-territory/" rel="noopener noreferrer nofollow">Ripple’s XRP</a> token distributions into three classes—institutional sales, programmatic sales, and other distributions—is scrutinized.She meticulously applied the ‘Howey Test’ to determine whether these distributions could be considered an offer and sale of investment contracts. <a href="https://cryptosheadlines.com/cdc-report-highlights-ripple-case-judgements-importance/" rel="noopener noreferrer nofollow">Read More...</a>

CDC Report Highlights Ripple Case judgement’s Importance

CryptosHeadlines.com

2023年8月5日公開の他の記事

CIVI Stock Price Prediction: Will Civitas Change Paths In 2023?

DeFi Crash Avoided: CRV Price Soars 10% As Curve Founder Pays Debt And Hacker Returns Funds

INTC Stock Price: Bears Dominante After Q2 2023 Report Release

Alchemix reports return of all stolen funds from Curve pools

Stablecoin Issuer, Tether Developing Bitcoin Mining Software

Valkyrie Files Form 497 To Convert $BTF into Dual Bitcoin and Ether ETF

ニュースレターを購読して暗号資産の最新情報を毎日入手！