A Crypto Ruling Ripples Across the Industry
Last week, a federal judge ruled that crypto company Ripple Labs did not violate securities laws by selling its token to retail investors. The ruling is seen as a setback for the Securities and Exchange Commission's strategy to regulate cryptocurrencies and as a victory for the crypto community as a whole. WSJ’s Vicky Huang explains.
Further Listening:
-SEC Chair Gary Gensler On His Crypto Crackdown
-A Crypto Exchange Crackdown
Further Reading:
-Ripple Ruling Deals a Blow to SEC’s Effort to Regulate Crypto
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