🟢 Ripple XRP Big WIN! (Or big LOSS?)
After the Ripple vs SEC lawsuit, the court ruling declared that XRP is not considered a security. However, the court did find that the institutional sale of XRP tokens violated federal securities laws. This means that while XRP is not classified as a security, certain aspects of its sale and distribution may still fall under securities regulations.
It is also important to note that this ruling only applies to XRP and does not necessarily affect the classification of other cryptocurrencies. So what can we expect from the crypto industry moving forward?
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0:00 Introduction
2:11 Legal Precedent
2:29 Regulatory Clarity
4:11 Market Confidence and Investor Sentiment
5:01 Conclusion
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●▬▬▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬●
Boxmining, including its employees, are not affiliated with and do not endorse or sponsor any token sales, initial coin offerings, initial exchange offerings and/or airdrops (the “token sales”) unless clearly disclosed.
The contents of these videos are for information purposes only. Boxmining and its employees do not provide investment advice and do not take one’s personal circumstances into consideration when providing information about token sales and cryptocurrency exchanges or platforms. In light of the above, Boxmining and its employees may hold the cryptocurrencies mentioned in the videos.
Please note that there are legal requirements in various countries that may restrict token sales, and furthermore, the access to, and products and services provided by any of the cryptocurrency exchanges or platforms mentioned in these videos. Consequently, the contents of this video are not directed at or intended to be accessible by persons in any jurisdiction where the extension of the availability of the materials to which you are seeking access would breach any applicable law or regulation.
Decisions to participate in token sales or to buy, sell or hold cryptocurrencies, as well as the access to and use of any cryptocurrency exchange or platform involves risk. You are also responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to any such token sale, or the access to and use of any cryptocurrency exchange or platform. You must use your own judgment or consult a professional for advice on such matters.
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