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Could the Ripple Ruling Spell the End of Regulation by Enforcement?

A long-awaited district judge’s ruling that some XRP token sales were not investment contracts will likely eventually lead to a bipartisan regulatory framework that is more favorable to the pro-crypto crowd in Congress, writes John Rizzo.

SEC Chair Gary Gensler at a U.S. Treasury council hearing in October 2022 (Anna Moneymaker/Getty Images)
SEC Chair Gary Gensler at a U.S. Treasury council hearing in October 2022 (Anna Moneymaker/Getty Images)