Is XRP a Security? Ripple Class-Action Lawsuit May Not Settle It
Though Ripple is confident that it will win its class-action lawsuit, the situation with XRP may remain unsolved. Even in the case of success, XRP could be still deemed a security.
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Though Ripple is confident that it will win its class-action lawsuit, the situation with XRP may remain unsolved. Even in the case of success, XRP could be still deemed a security.
Ripple spent $170,000 in the first three quarters of 2019 to influence crypto regulation in the United States. In total, Ripple has spent at least $620,000 for the same purpose between 2018 and 2019.
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Ripple’s partner MoneyGram is starting 2020 with expansion plans into India. It may have a positive influence on the XRP adoption and price.
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