Senator Lummis urges clear crypto rules after XRP ruling

United States Senator Cynthia Lummis has taken to Twitter to emphasise the importance of a current courtroom ruling by Decide Analisa Torres, which declared that Ripple’s (XRP) token shouldn’t be thought-about a safety when bought on digital asset exchanges. Lummis highlighted that the ruling underscores the pressing want for Congress to determine a complete and unambiguous regulatory framework for cryptocurrencies.

In her assertion, Lummis pressured the significance of the courtroom ruling and its influence on cryptocurrency regulation. She said that the decision reinforces the fast requirement for Congress to supply a radical crypto framework that prioritizes the safeguarding of customers.

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