Fresh news in the crypto world! đ
- Bitnomial sued the SEC for "exceeding its jurisdiction" by declaring XRP a security.
- The SEC says XRP futures are securities, but Bitnomial argues they are already regulated as commodities by the CFTC.
- The SEC blocked Bitnomial from listing XRP futures, leading to the lawsuit.
- Bitnomial seeks a court declaration that XRP futures will not be considered securities.
What do you think about this regulatory battle? Leave us your comments!
