Hey crypto enthusiasts! đ A regulatory wave is hitting the crypto world, but there's hope on the horizon. A recent court decision in favor of Ripple Labs over the SEC has given a boost to tokens labeled as securities. đ
Bloomberg reports that trading in the 19 crypto tokens considered securities by the SEC has picked up recently, despite being delisted from markets like Robinhood, Bakkt, and Bitstamp. đ Traders seem to be betting on future court decisions that may leave retail transactions out of the crypto-as-a-security picture. đČ
However, not all SEC-tainted tokens have recovered, and it's worth noting that only a tenth of the trading in these tokens takes place in the USA. đ As always, be cautious and stay informed, but let's keep our optimism for the future of crypto! đ
