SEC judgments against Ripple dish lead to BTC outbreak during hectic Friday session

Veröffentlicht:

Von:

Urteile des SEC gegen Ripple-Gerichts führen zu einer BTC-Breakout-Sitzung Die Urteile des SEC gegen Ripple-Gerichts haben zu einer aufregenden Sitzung für Bitcoin geführt. Die US-Wirtschaftsindikatoren und die Anlegerstimmung gegenüber den geldpolitischen Plänen der Fed gerieten am Donnerstag in den Hintergrund. Richterin Analisa Torres, die Vorsitzende Richterin im Fall SEC gegen Ripple, überraschte die Märkte, indem sie Entscheidungen zu den Anträgen der Parteien auf ein summarisches Urteil verkündete. In ihrer Entscheidung stellte Richterin Torres fest, dass XRP die dritte Stufe des Howey-Tests in Bezug auf programmatische XRP-Verkäufe nicht erfüllte. Dies bedeutet, dass XRP nicht als Wertpapier eingestuft werden kann. Ripple hat …
Judgments of the SEC against Ripple Court lead to a BTC breakout session. The US economic indicators and the mood of investment towards the Fed's monetary policy plans took a back seat on Thursday. Judge Analisa Torres, the presiding judge in the SEC case against Ripple, surprised the markets by announcing decisions on the applications of the parties to a summary judgment. In her decision, judge Torres found that XRP did not meet the third stage of the Howey test in terms of programmatic XRP sales. This means that XRP cannot be classified as security. Ripple has ... (Symbolbild/KNAT)

judgments of the SEC against Ripple Court lead to a BTC breakout session

The judgments of the SEC against Ripple Court led to an exciting session for Bitcoin. The US economic indicators and the investigation towards the monetary policy plans of the FED came into the background on Thursday.

Judge Analisa Torres, the presiding judge in the SEC case against Ripple, surprised the markets by announcing decisions on the applications of the parties to a summary judgment.

In her decision, judge Torres found in her decision that XRP did not meet the third stage of the Howey test in relation to programmatic XRP sales. This means that XRP cannot be classified as security.

ripple has sold XRP programmatically or via trading algorithms on stock exchanges for digital assets. These are so-called "blind BID letter transactions", in which Ripple does not know who buys the XRP and the buyers do not know who sells it.

In her judgment, judge Torres emphasized that these programmatic sales from Ripple only made a small part of the global XRP trade volume. The vast majority of the people who bought XRP on stock exchanges for digital assets would not have invested their money in Ripple.

The judicial judgments have awakened hope of changing the efforts of the SEC to regulate digital assets. They also hope for adequate legislation and supervision on the part of the US legislature.

It is expected that the SEC will contest the court ruling. An appeal could lead to a further delay by the case by two to three years. This would be negative for the area of ​​digital assets that have already been struggling with the lack of a US crypto regulatory framework. However, some see the latest court ruling as an opportunity for the US legislators to issue appropriate laws to protect consumers and at the same time to support innovations.

In addition to the SEC case against Ripple, investors should also keep an eye on the latest news about ETFs. It is expected that messages in connection with Binance and Coinbase will also be the focus.

The coming days will be exciting if the SEC judgment continues to provide discussions against Ripple Court and the associated comments. The effects of these decisions could have far -reaching consequences for the cryptocurrency market.