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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