Posted 1/21/2024, 2:28:58 PM
Ripple Wins Major Legal Victory as Judge Rules XRP Not a Security, Clearing Path for Banks to Adopt Token
- Ripple CEO hinted at potential adoption of XRP by US banks
- Ripple faced legal challenges from SEC over claims it sold XRP as unregistered securities
- Judge ruled XRP is not a security, giving it legal clarity no other token has
- RippleNet and ODL products require holding XRP, driving adoption
- Ripple CEO strategically positioned company, hints news of banks adopting XRP coming