U.S. federal judge: XRP Tokens is a Security for Firms, Not for Public
A U.S. federal judge ruled that Ripple's XRP token is considered a security when sold to institutional investors but may not be a security when sold to the general public
The ruling is a partial win for the SEC and could shape future crypto regulations
It raises concerns about cryptocurrency oversight and distribution methods, impacting the industry's regulation and trading in the US. Ripple Labs and the SEC will review the rulin..