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#barbaroja_093 #noticias Cryptocurrencies and tourism: Binance Pay becomes the main external payment method of Travala
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#barbaroja_093 #noticias Binance P2P endures measures against price manipulation in Venezuela
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Good earnings in simple earn with #wct what are you waiting for
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#CryptoWatchMay2024 Solana could change Ethereum transaction fees within a week: report
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The Solana network could be on track to surpass the Ethereum network in transaction fees, a potentially significant development for Solana's status as the so-called "Ethereum killer."
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The Solana network could be on track to surpass the Ethereum network in transaction fees, a potentially significant development for Solana's status as the so-called "Ethereum killer."
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#CryptoWatchMay2024 Security token: the dispute between SEC and Ripple could escalate
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Despite a clear ruling on XRP by a US judge, the SEC's case against Ripple regarding the alleged security token nature of its cryptocurrency could end up escalating.
This is what Neel Maitra, former SEC fintech and crypto specialist, stated during MicroStrategy's Bitcoin For Corporations event held last week.
XRP as a security token? The SEC again against Ripple
According to Maitra, it is not certain that the SEC case against Ripple will end soon.
The expert in legal issues related to cryptocurrencies has pointed out how there are three judges with conflicting opinions on the matter.
The first is Judge Analisa Torres, who last year issued her ruling on the XRP case.
According to Judge Torres, primary transactions, when buyers purchase XRP directly from Ripple (the issuer), and secondary transactions, which occur anonymously on exchanges, must be considered separately. In the latter case, they should not be considered security transactions, so XRP on exchanges cannot be considered a security token.
However, Torres has not yet commented on the accusation made by the SEC against Ripple for selling XRP as a security token in the primary market, so this issue is still open.
However, Maitra recalled that in two other cases, the SEC against Terra/Luna and Coinbase, judges Jed Rakoff and Katherine Polk Failla opted for a broader view, hypothesizing that the aggressive marketing strategies employed by crypto companies could influence both primary and secondary market transactions. .
In this case, even crypto transactions on exchanges could be classified as unregistered securities transactions.
Trend
Despite a clear ruling on XRP by a US judge, the SEC's case against Ripple regarding the alleged security token nature of its cryptocurrency could end up escalating.
This is what Neel Maitra, former SEC fintech and crypto specialist, stated during MicroStrategy's Bitcoin For Corporations event held last week.
XRP as a security token? The SEC again against Ripple
According to Maitra, it is not certain that the SEC case against Ripple will end soon.
The expert in legal issues related to cryptocurrencies has pointed out how there are three judges with conflicting opinions on the matter.
The first is Judge Analisa Torres, who last year issued her ruling on the XRP case.
According to Judge Torres, primary transactions, when buyers purchase XRP directly from Ripple (the issuer), and secondary transactions, which occur anonymously on exchanges, must be considered separately. In the latter case, they should not be considered security transactions, so XRP on exchanges cannot be considered a security token.
However, Torres has not yet commented on the accusation made by the SEC against Ripple for selling XRP as a security token in the primary market, so this issue is still open.
However, Maitra recalled that in two other cases, the SEC against Terra/Luna and Coinbase, judges Jed Rakoff and Katherine Polk Failla opted for a broader view, hypothesizing that the aggressive marketing strategies employed by crypto companies could influence both primary and secondary market transactions. .
In this case, even crypto transactions on exchanges could be classified as unregistered securities transactions.
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