SEC’s Authority Over XRP ( $1.32 ) Futures Challenged in Bitnomial Lawsuit

Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP ( $1.32 ) futures, challenging the classification of XRP ( $1.32 ) as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s claim that XRP ( $1.32 ) futures are “security futures” and aims to set a precedent affecting […]



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