Is a big loss for SEC a BIG win for NFTs?

21/07/2023 35 min Episodio 177
Is a big loss for SEC a BIG win for NFTs?

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Episode Synopsis

Is a big loss for SEC a BIG win for NFTs? 
 

The token (XRP) itself is not a security.
Ripple’s sale of XRP on crypto exchanges isn’t a securities offering.
A token is completely separate from the investment contract. This is a legal thing the crypto industry’s been fighting for.



 


This potentially clears a road for NFT projects that issue tokens. 
Not a final ruling though, and Congress may weigh in…
SEC still targeting 68 other tokens as securities. https://cointelegraph.com/news/sec-labels-61-cryptocurrencies-securities-after-binance-suit 

 
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