Back to the list

XRP Lawyers Lambast NYDFS For Targeting Ripple, Calling The Action "Political"

source-logo  coingape.com 19 September 2023 13:27, UTC

XRP lawyers lambast the New York State Department of Financial Services (NYDFS) for removing XRP from the list of approved coins and stablecoins. Despite Judge Analisa Torres ruling that XRP is not itself a security, even if Ripple sells it on crypto exchanges, the regulators simply seem to avoid it. XRP lawyers assert that regulators are indirectly banning XRP, with a skewed approach.