Bitnomial Sues SEC Over XRP Futures, Disputes Security Classification

Bitnomial is taking the U.S. Securities and Exchange Commission to court, challenging the agency’s claim of authority over the exchange’s proposed XRP futures contract. The lawsuit, filed in an Illinois district court, centers on whether XRP is a security. This determination has significant implications for who regulates XRP futures trading. Bitnomial’s XRP Futures Filing Sparks The post Bitnomial Sues SEC Over XRP Futures, Disputes Security Classification appeared first on Coin Edition .

Source: Coin Edition