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Coinpedia
2023-07-15 06:28:14

SEC vs. Ripple Ruling: Coinbase Gains Confidence, but Institutional Ambitions Face Hurdle

SEC vs. Ripple Ruling: Coinbase Gains Confidence, but Institutional Ambitions Face Hurdle

The post SEC vs. Ripple Ruling: Coinbase Gains Confidence, but Institutional Ambitions Face Hurdle appeared first on Coinpedia Fintech News The recent SEC vs. Ripple ruling has boosted Coinbase’s confidence in its legal battle. The court’s decision categorizing XRP token purchases on crypto exchanges as non-securities transactions may strengthen Coinbase’s defense. However, the ruling stated that sales of XRP to sophisticated investors or institutional clients are considered securities transactions, affecting Coinbase’s institutional trading platform goals. …

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