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<ul class="news-points"> 
 <li>XRP’s classification as a digital asset remains under scrutiny amid NYDFS’s regulatory changes.</li> 
 <li>Over two dozen tokens, including XRP, were removed from NYDFS’s approved list.</li> 
 <li>Pro-XRP lawyer Bill Morgan raises concerns over the weight of court rulings in crypto regulation.</li> 
</ul> 
The XRP community is pondering the essence of the U.S. court ruling <a href="https://coinedition.com/ripple-ceo-brad-garlinghouse-is-overwhelmed-by-landmark-xrp-victory/">affirming that XRP </a>is a digital asset, not a security, amid recent action from the U.S. regulatory landscape. In particular, the New York Department of Financial Services (DFS) has recently outlined updates to its digital asset oversight regulations. 
Among the changes, DFS introduced new criteria for digital asset firms licensed by the agency to list various cryptocurrencies. According to a report, the DFS removed over two dozen tokens from its green checklist of approved tokens. 
Notable exclusions from the list include XRP, Dogecoin, and Litecoin (LTC). The revised list now features only eight tokens that meet DFS’s criteria. These digital assets are <a href="https://coinedition.com/ethereum-vs-bitcoin-use-cases-technical-differences-scaling-issues/">Bitcoin (BTC), Ethereum (ETH)</a>, and the new PayPal Dollar. 
Prominent pro-XRP lawyer Bill Morgan weighed in on this development, expressing his views on X (formerly Twitter…
The post <a rel="nofollow" href="https://coinedition.com/court-xrp-ruling-vs-sec-comments-which-carries-weight-in-nydfs-sight/">Court XRP Ruling vs. SEC Comments: Which Carries Weight in NYDFS’ Sight?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Court XRP Ruling vs. SEC Comments: Which Carries Weight in NYDFS’ Sight?

Coin Edition

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