A court ruling that cleared Ripple’s XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving the likes of Coinbase and Binance.US, as well as pending exchange-traded fund (ETF) applications.
Speaking exclusively to Cointelegraph during the company’s annual Apex developer conference being hosted in Amsterdam, Ripple chief technology officer David Schwartz weighed in on the potential precedent set by a federal judge ruling that XRP (XRP) was not a security when sold programmatically on cryptocurrency exchanges.
