US Court Defies SEC Interpretation Of Crypto, XRP Lawyer Weighs In | Headlines | News | CoinMarketCap

09/01/2023 01:15
US Court Defies SEC Interpretation Of Crypto, XRP Lawyer Weighs In | Headlines | News | CoinMarketCap

Regulators are still figuring out how to oversee crypto, but some recent judicial rulings show promise for the industry’s legal battles with the US …

Regulators are still figuring out how to oversee crypto, but some recent judicial rulings show promise for the industry’s legal battles with the US Securities and Exchange Commission (SEC).

Bill Morgan, an attorney representing Ripple in its protracted legal battle with the SEC, has been vocal about the evolving judicial stance on crypto. His recent comments underline a changing tide in the interpretation of digital assets and a seeming divergence from the SEC’s traditionally stringent perspective.

Judge’s Affirmation Of BTC And ETH As Commodities

In the thick of several lawsuits against crypto firms, the courts have shown a trend of contradicting the SEC’s assertions. An instance of this is Judge Katherine Polk Failla’s recent ruling.

The decentralized exchange,

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