2024

April

Coin

<ul class="news-points"> 
 <li><strong>Ripple’s CLO criticizes SEC’s complex ‘ecosystem’ definition affecting crypto’s legal status.</strong></li> 
 <li><strong>Despite legal challenges, XRP maintains stability with the potential for recovery.</strong></li> 
 <li><strong>Judicial interpretations vary in crypto law, impacting regulatory clarity.</strong></li> 
</ul> 
<p>In a recent statement, <a href="https://coinedition.com/ripple-clo-outlines-four-reasons-gary-gensler-cannot-get-job-outside-sec/">Ripple’s Chief Legal Officer</a>, Stuart Alderoty, scrutinized the definitions of a crypto “ecosystem” as outlined in a March 27 court ruling concerning Coinbase. The ruling, made by Judge Katherine Failla, differentiated the term “ecosystem” to describe coordinated enterprises by issuers and promoters of thirteen crypto-assets.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Last week’s Coinbase decision has 4 different confusing definitions of what constitutes a crypto “ecosystem.” <a href="https://t.co/GZlH0l51c6" target="_blank" rel="nofollow">pic.twitter.com/GZlH0l51c6</a></p>— Stuart Alderoty (@s_alderoty) <a href="https://twitter.com/s_alderoty/status/1774896120038404452?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">April 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>This distinction determined their status as “securities” under federal law. Alderoty criticized this approach, arguing that the <a href="https://coinedition.com/ripple-clo-calls-secs-conflicting-approach-to-crypto-as-insanity/">Securities and Exchange Commission (SEC)</a> overly complicates the concept. He suggests that acquiring a token always implies investment in an “ecosystem,” irrespective of the acquisition’s context.</p> 
<p>The commentary follows a notable decision on March 27,…</p>
<p>The post <a href="https://coinedition.com/ripple-chief-legal-officer-critiques-secs-approach-amidst-coinbase-ruling/">Ripple Chief Legal Officer Critiques SEC’s Approach Amidst Coinbase Ruling</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple Chief Legal Officer Critiques SEC’s Approach Amidst Coinbase Ruling

Coin Edition

2024年4月2日公開の他の記事

Bitcoin Skeptic Peter Schiff Cautions Investors About Cryptocurrency Risks

Stratos partners with Nimble Network

$SMOG Amasses 110,000 Holders And 7.5 Million Completed Zealy Quests Ahead Of $1M Airdrop And CEX...

Potential Challenger to Dog-Themed Meme Coin Supremacy – Crypto ZEUS Presale Review

Stader Labs Launches First-of-its-kind SD Utility Pool: Rewarding Hodlers for Contributing to ETH...

Ethereum Price Post Spot ETF Approval: Surge or Fizzle?

ニュースレターを購読して暗号資産の最新情報を毎日入手！