The Securities and Exchange Commission filed a letter in federal court Wednesday announcing its intention to appeal a portion of a recent ruling that stated the regulator does not have the authority to regulate certain sales of Ripple’s cryptocurrency XRP XRPUSD.
U.S. District Judge Analisa Torres ruled last month that XRP is not a security when sold on digital-asset exchanges to the general public, a decision that was widely hailed by the crypto community and seen as a boon for crypto exchange Coinbase Global Inc. COIN in…
