The resurgence in the U.S. cryptocurrency industry is driven by key victories by Ripple and Grayscale against the SEC. The shift is largely due to initial clarity from state authorities, conflicting regulatory statements from SEC and CFTC. Amid this, recent positive court filings and decisions may inject fresh liquidity into the market and encourage institutional investments.
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Hinman Emails: Uncovering SEC’s Crypto Stance and Ripple’s Battle for Clarity
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agree that former SEC official’s Hinman Emails shouldn’t dictate current policy. As the agency doesn’t consider the comments as precedent or law, the debate about crypto regulation in the US continues.