🚀 XRP (RIPPLE) THE CORE OF THE NEW FINANCIAL SYSTEM | BITCOIN ETF COMING | STAKING CRYPTO COIN SPOT

🚀 XRP (RIPPLE) THE CORE OF THE NEW FINANCIAL SYSTEM | BITCOIN ETF COMING | STAKING CRYPTO COIN SPOT - In this video, we discuss XRP News today, crypto news today, and more. - In this video, we discuss XRP News today, crypto news today, and more.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

SEC’s Setback in Ripple Suit Adds Pressure to Define Crypto Assets A judge denied a motion April 11 filed by the Securities and Exchange Commission (SEC) to clarify the content of several emails and internal communications about the classification of the digital assets Ethereum and XRP for the upcoming Ripple Labs trial. This may seem a small defeat for the regulator, but it may have implications not only for this case, but for the whole cryptocurrency community.

The SEC has been using almost exclusively enforcement powers against token issuers to encourage them to register their digital assets as securities. Yet, as there isn’t a specific rule to determine which digital assets (e.g. cryptocurrencies, tokens, stablecoins, etc.) are considered securities, the number of legal disputes has increased. Many of these cases go unnoticed because the parties have reached an amicable solution, but the case with Ripple Labs may have long-lasting consequences.

The SEC has been using the “Howey” test, which defines what an investment contract is, to defend that most of the digital assets are securities and therefore fall under its supervision. Under the Howey test, adopted by the U.S. Supreme Court in 1946, an investment contract exists if there is an “investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others.”

Therefore, if digital assets, whether cryptocurrencies or tokens, are used as an investment contract, they may be qualified as a security, and the SEC can demand disclosure and registration requirements under the Securities Act of 1933 and the Securities Exchange Act of 1934. This is exactly what the SEC is defending in its enforcement actions, and in particular in its lawsuit against Ripple, that a digital coin like XRP is a security, not a means of payment, and the company should have registered the asset. However, if the digital asset is used as a currency or as a commodity, these requirements are not applicable. Ripple claims that XRP is exempt from these federal laws.

At the core of this litigation is the question, yet unanswered by the SEC or by any other agency, whether cryptocurrencies are securities, commodities or what they are, for regulatory purposes.

Enjoy the video! Stay safe everyone. LET'S GO!!!!!
THE WALL STREET BULL
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Start Investing In Crypto Today Using Coinspot Here In Australia!
Share the love & Get $10 Free BTC! Use my referral code
Click The Link Below
👇👇👇👇👇
https://www.coinspot.com.au?affiliate=W9VY24
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
If you're interested in getting into trading Crypto using 3 Commas
Click The Link Below
👇👇👇👇👇
https://3commas.io/?c=tc925068
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Join today using my referral code anthonyt943 and we can both get a free stock.
Click The Link Below
👇👇👇👇👇
https://hellostake.com/referral-program?referrer=anthonyt943
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Essential Books To Read About Investing 📖📖📖📖📖📖📖📖

1. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition), Purchase Here 👉- https://amzn.to/3lUY7pn
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
2. One up on Wall Street: How to Use What You Already Know to Make Money in the Market, Purchase Here 👉 https://amzn.to/2Z39raj
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
3. The Essays of Warren Buffett: Lessons for Corporate America, Fifth Edition, Purchase Here 👉 https://amzn.to/3pjNTBo
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
4. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class, Purchase Here 👉 https://amzn.to/3n8VAHR
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
5. Beating the Street: Purchase Here 👉 https://amzn.to/3BZsCAk
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
SUBSCRIBE: https://www.youtube.com/channel/UCriVdQCPxjzIhUkF_xHQElA?sub_confirmation=1
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
VIDEO TAGS

crypto,crypto news,https://www.youtube.com/results?search_query=xrp,https://www.youtube.com/results?search_query=xrp+ripple,xrp,xrp news,xrp ripple,xrp price,ripple xrp,xrp price prediction,xrp news today,xrp price prediction 2021,ripple,xrp lawsuit,xrp sec,xrp crypto,ripple news,xrp news today now,xrp 2021,brad garlinghouse,xrp technical analysis,xrp prediction,xrp today,xrp analysis,ripple sec news,ripple xrp news,xrp ripple news,waves crypto

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
HASHTAGS #xrp #ripple #crypto
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Disclaimers: The above references an opinion and is for entertainment purposes only. I'm not a financial advisor and this is not intended to be investment advice. Seek a duly licensed professional for investment advice. ALSO, Links in the description are typically affiliate links that let you help support the channel at no extra cost.