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The court's ruling Thursday is crucial for the cryptocurrency industry since it would help determine how crypto assets should be viewed under the U.S. Securities law.
The price of XRP has surged 59% after a judge issued a highly anticipated ruling in the intensely scrutinized case of the U.S. Securities and Exchange Commission vs. Ripple.
The XRP crypto is flying higher after a U.S. district judge sided with Ripple Labs on most of the allegations levied against it.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Press release content from PR Newswire. The AP news staff was not involved in its creation.