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Just In: XRP Lawyer Explains SEC's Flaw Over Ripple Payments

source-logo  coingape.com  + 2 more 23 February 2023 08:24, UTC

XRP News: Ripple’s (XRP) On Demand Liquidity service has long been a subject of debate around the U.S. Securities and Exchange Commission (SEC) lawsuit. In the last few years, Ripple had been involving XRP only in the cross border payments space, which is argued to be not amounting to sale as an investment but used as a payments tool. While the XRP crypto community waits for the summary judgement in the SEC case, the debate around Ripple’s chances of winning are intensifying. On the other side, the SEC ramped up its crackdown on crypto players, in what could continue in the weeks to come.

coingape.com

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