The content discusses a recent debate within the cryptocurrency community regarding the legal clarity of different digital assets. Attorney Bill Morgan emphasizes that a speech disowned by the SEC does not provide the same legal clarity to Bitcoin and Ethereum as XRP enjoys. On the other hand, Joseph Grundfest argues that legal clarity for cryptocurrencies can only be established through Federal Court decisions, not speeches. The article also mentions the ongoing legal battle between Ripple and the SEC, with a federal judge ruling that the case will proceed to trial. This ruling is considered a win for the crypto industry in its fight with the SEC.
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