US Senator Cynthia Lumis emphasised the significance of current occasions on Twitter. Court docket Ruling by Decide Analisa Torresfor ripple (XRP) Tokens shouldn’t be thought-about securities when bought on digital asset exchanges. Lumis emphasised that the ruling underscores the pressing want for Congress to determine a complete and clear regulatory framework for cryptocurrencies.

Lumis stated in a press release: felt harassed Significance of courtroom rulings and implications for cryptocurrency regulation. He stated the ruling reinforces quick calls for to supply Congress with a radical cryptocurrency framework that prioritizes client safety.

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