XRP Price Tanks as SEC Appeals Ruling, But Adoption Grows in Brazil

Quick Summary:

The 2020 lawsuit against Ripple centered around the sale of its XRP tokens without registering them as securities, a claim that Ripple disputed in court.

The ongoing legal battle between Ripple and the SEC has significantly influenced XRP’s price action.

Last year, a court ruling partially cleared XRP of being classified as a security, granting […]

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: IndiaBrazilPortugal

Topics: Ripple Market News XRP News Market SEC News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 11:40:00 (10 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 147 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22880109

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 14 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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