- March 19, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, the United States Securities and Exchange Commission (SEC) dropped its multi-year enforcement action against Ripple. Crypto lawyer John Deaton chimed in on the development, telling Cointelegraph that the SEC’s allegation that XRP (XRP) is a security is dead in its tracks. Meanwhile, an initially crypto-skeptic Minnesota Senator introduced a Bitcoin-buying bill.
Crypto lawyer and former Massachusetts Senate candidate John Deaton said the SEC’s failed lawsuit against Ripple is the final death knell in its claim that the XRP token is a security.
In an interview with Cointelegraph, Deaton said the XRP token is a digital commodity, not a security. After the SEC decided to drop its case against Ripple, the blockchain company will have the opportunity to renegotiate the $125-million judgment against it, said Deaton.
