In a recent court ruling, a judge declared that the XRP token sold to the general public does not fall under the category of securities. This decision was seen as a significant win by Ripple Labs and the crypto community. However, the judge also stated that XRP can be considered a security in the context of past sales to institutional clients. Ripple remains prepared for potential appeals from the SEC, despite their persistence in claiming the initial decision was wrong. Experts believe that regulatory certainty is essential for innovation in the blockchain and cryptocurrency industry. It is speculated that the SEC may abandon the appeal route due to disagreements within the agency.
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