“This is a significant opinion that has the potential to change the landscape of the SEC’s enforcement efforts, or the success of those efforts,” said Teresa Goody Guillén, a former attorney with the SEC office of the general counsel, and now a partner with law firm BakerHostetler. “This is also helpful precedent for Coinbase and Binance to defend against allegations that they are operating as unregistered securities exchanges, brokers and clearing agencies.”
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- Source: https://www.coindesk.com/policy/2023/07/14/what-ripples-partial-xrp-win-means-for-other-crypto-firms-fighting-sec/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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