In a landmark decision, Ripple has secured a significant victory in its appeal against the US Securities and Exchange Commission (SEC). The court ruled in favor of Ripple on key aspects of token classification, sending XRP prices soaring.
The ruling is expected to force a rewrite of US crypto regulations, influencing global standards. For Sri Lankan traders, this reduces the risk of delisting assets on major exchanges and provides a clearer framework for future token utility.
References:
- Ripple (Insights): https://ripple.com/insights/
- Bloomberg Crypto: https://www.bloomberg.com/crypto
