✅ Trade with no VPN, no KYC: https://www.mexc.com/register?inviteCode=mexc-2mzTJ 🔵 Free crypto Tax software I use: https://koinly.io/?via=D6373842&utm_source=affiliate Things are heating up at the SEC as they clean house after Gary Gensler's departure. It looks like they are getting ready to drop the Ripple vs SEC case altogether. Source Article: https://cointelegraph.com/news/sec-token-relief-affect-crypto-firms The U.S. Securities and Exchange Commission's (SEC) proposed token relief, spearheaded by Commissioner Hester Peirce, could significantly alter the regulatory landscape for crypto firms. This initiative is particularly aimed at providing relief to companies that issued tokens before clear regulatory guidelines were established. According to insights from legal experts, the relief would primarily benefit projects from the 2017-2018 initial coin offering (ICO) boom, focusing on those demonstrating strong utility rather than pure speculation. By potentially delineating what constitutes a security token versus a utility token, the SEC could offer a more navigable path for firms, allowing those with genuine utility applications a reprieve from stringent securities regulations. This could encourage innovation, especially in sectors like decentralized finance (DeFi) and layer-2 solutions, by providing clearer regulatory standards and possibly dismissing past enforcement actions against compliant firms. However, the relief isn't a blanket exoneration for all crypto projects. Firms involved in fraudulent activities or those misleading investors during their token offerings might not qualify for this relief. The SEC retains the discretion to continue legal actions against such entities. Moreover, while the proposal hints at retroactive relief, there's also a possibility that the SEC might only offer prospective relief, which would mean past actions won't be absolved but future compliance might be more straightforward. This nuanced approach could lead to a period of adaptation for crypto firms as they align with new regulatory expectations, emphasizing transparency and utility over speculative investment. sec token relief impact,sec crypto regulations,sec crypto relief,sec utility tokens,sec security tokens,sec hester peirce,sec crypto compliance,sec token classification,sec ico regulations,sec crypto enforcement,#SEC #CryptoRelief #TokenRelief #CryptoRegulation #HesterPeirce #UtilityTokens #SecurityTokens #ICORegulations #CryptoCompliance #CryptoEnforcement Post Hester Peirce's views FINRA crypto regulations What people want to know about XRP, Ripple and XRP Ledger xrp price, ripple price, xrp news, ripple news, buy xrp, xrp to usd, xrp chart, xrp wallet, ripple xrp news, xrp ledger, xrp cryptocurrency, ripple coin price, xrp trading, xrp market cap, ripple lawsuit, xrp token, xrp buy, ripple xrp price prediction, xrp coinmarketcap, xrp value, ripple net, xrp reddit, xrp stock, ripple vs sec, ripple payment system, xrp future, xrp exchange, buy ripple, xrp price today, xrp prediction, xrp price prediction 2025, ripple price prediction, ripple xrp 2025, xrp live price, xrp analysis, xrp investment, ripple cryptocurrency, xrp forecast, xrp news today, ripple technology, xrp blockchain, xrp trading platform, xrp market analysis, ripple coin news, xrp adoption, xrp coinbase, xrp binance, ripple labs, xrp wallet app, xrp price history #XRPCommunity #XRPArmy #XRPL XRP News Today | XRP update | XRP Price prediction ____________ IMPORTANT DISCLAIMER: I am NOT a financial adviser, I am not a legal adviser, I am not a tax adviser or any type of adviser whatsoever. Nothing I say in these videos should be taken as advice of any kind. Be sure to contact a qualified adviser for your financial, tax or legal advice. I am only a youtuber and enthusiast creating content as a hobby and sharing interesting content for entertainment purposes only. DO YOUR OWN RESEARCH! ____________ The above are affiliate links which means I may get commission if you make a purchase.
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