SEC Causing ‘Confusion’ Over Digital Currencies in Legal Case With Ripple: WSJ Editorial Board
Regulators are “creating danger” for retail investors as exemplified by the SEC’s lawsuit against Ripple over its alleged issuance of native currency XRP as an unregistered security, according to the WSJ. The findings in this case “have highlighted the inconsistency of the SEC’s approach,” in not treating Bitcoin and Ethereum as securities, for example.
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