• Kraken’s legal win challenges SEC’s crypto regulation, influencing future industry rulings.
• Ripple’s legal team views Kraken ruling as a reinforcement against crypto asset security claims.
• XRP’s price remains unstable despite positive legal outcomes for other exchanges.

The recent development in the SEC vs. Kraken case has sparked a debate within the crypto community. Kraken’s Chief Legal Officer Marco Santori had shared a post on X outlining the Federal Court for the Northern District of California’s citing tokens traded on Kraken do not qualify as securities.

Industry leaders, including Ripple’s Chief Legal Officer Stuart Alderoty, have taken notice of the ruling. Alderoty emphasized the significance of the court’s decision, stating it reinforces the idea that the term ‘crypto asset security’ is fundamentally flawed.

This outcom…

The post XRP Price Stalls: Kraken Ruling Not Enough to Spark Rally appeared first on Coin Edition.

• Kraken’s legal win challenges SEC’s crypto regulation, influencing future industry rulings.
• Ripple’s legal team views Kraken ruling as a reinforcement against crypto asset security claims.
• XRP’s price remains unstable despite positive legal outcomes for other exchanges.

The recent development in the SEC vs. Kraken case has sparked a debate within the crypto community. Kraken’s Chief Legal Officer Marco Santori had shared a post on X outlining the Federal Court for the Northern District of California’s citing tokens traded on Kraken do not qualify as securities.

Industry leaders, including Ripple’s Chief Legal Officer Stuart Alderoty, have taken notice of the ruling. Alderoty emphasized the significance of the court’s decision, stating it reinforces the idea that the term ‘crypto asset security’ is fundamentally flawed.

This outcom…

The post XRP Price Stalls: Kraken Ruling Not Enough to Spark Rally appeared first on Coin Edition.