Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s claim that XRP futures are “security futures” and aims to set a precedent affecting […]
Source: https://news.bitcoin.com/secs-authority-over-xrp-futures-challenged-in-bitnomial-lawsuit/
SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit
