CryptoRipple CTO says ‘tide is turning’ on US regulatory environment

Ripple CTO says ‘tide is turning’ on US regulatory environment

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.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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