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XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein

The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said.

Updated Jul 14, 2023, 2:54 p.m. Published Jul 14, 2023, 6:55 a.m.
The U.S. court's ruling on XRP is a blow to the SEC's stance of crypto being considered a security, Bernstein says. (the_burtons/Getty)
The U.S. court's ruling on XRP is a blow to the SEC's stance of crypto being considered a security, Bernstein says. (the_burtons/Getty)