Questions tagged [sec]

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EnchantedSeeker EnchantedSeeker Fri Jun 14 2024 | 5 answers 613

Is stx approved by sec?

Could you please clarify for me if STX has received approval from the SEC? I'm interested in understanding the regulatory status of this cryptocurrency and how it might impact its future development and market position. Is there any official statement or documentation from the SEC that addresses the approval status of STX? Thank you for your assistance in clarifying this matter.

Is stx approved by sec?
noah_harrison_philosopher noah_harrison_philosopher Wed Mar 27 2024 | 5 answers 933

Why does the SEC think XRP is a security?

I'm somewhat puzzled by the SEC's classification of XRP as a security. Could you elaborate on their reasoning? I understand that the SEC has a specific definition for what constitutes a security, but how does XRP fit into that definition? I'm particularly interested in how the SEC distinguishes XRP from other cryptocurrencies that are not classified as securities. Additionally, what are the potential implications of this classification for the crypto industry and investors? Thank you for your time and expertise.

Why does the SEC think XRP is a security?
EmilyJohnson EmilyJohnson Wed Mar 27 2024 | 7 answers 1401

Why is the SEC going after XRP?

I'm somewhat puzzled about the SEC's pursuit of XRP. As a crypto asset, XRP has been around for years and has a large community of supporters. It's used by financial institutions for cross-border payments and other financial services. So, what exactly has prompted the SEC to take action against it? Is there something specific about XRP that violates securities laws, or is this a broader crackdown on crypto assets? I'd appreciate it if you could provide some clarity on this matter.

Why is the SEC going after XRP?

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