SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit

SEC's Authority Over XRP Futures Challenged in Bitnomial LawsuitCrypto 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/