“A win for the SEC could also impact other altcoins as they will likely be subject to more regulation,” said Markus Thielen, head of research and strategy at crypto services provider Matrixport, in a note to clients on Monday. “However, if Ripple is successful in this case, XRP’s legality in the US market will be solidified and help drive a price rally.”
Trending
Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX...
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
Source link