📌In the midst of the rise of #Bitcoin: and others #Criptomonedas there is still one issue that comes to light and that is: What would happen to cryptocurrencies if Ripple won the lawsuit against the SEC?
As is known, a few days ago the #SEC. , when suing the exchanges, also brought with it an extensive list of cryptocurrencies (60 coins) that it considered values at #EEUU , which in some cases caused an impact on the price of the assets.
This in some way has some relationship with the trial of Ripple and the SEC that has been going on since 2020, since Ripple Labs is also accused of issuing securities in the form of tokens without authorization. If Ripple were to win, it would generate a precedent, which could be used by other projects to defend themselves in court.
The final result will serve to establish clearer rules.
As is known, a few days ago the #SEC. , when suing the exchanges, also brought with it an extensive list of cryptocurrencies (60 coins) that it considered values at #EEUU , which in some cases caused an impact on the price of the assets.
This in some way has some relationship with the trial of Ripple and the SEC that has been going on since 2020, since Ripple Labs is also accused of issuing securities in the form of tokens without authorization. If Ripple were to win, it would generate a precedent, which could be used by other projects to defend themselves in court.
The final result will serve to establish clearer rules.