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News Explorer — Bitnomial Drops SEC Lawsuit, Plans Regulated XRP Futures Launch

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Mar 20, 10:43 am

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Bitnomial Drops SEC Lawsuit, Plans Regulated XRP Futures Launch

Crypto exchange Bitnomial has dropped its lawsuit against the SEC to launch CFTC-regulated XRP futures contracts, citing improved regulatory clarity. Elsewhere, Ripple Labs' legal battle over XRP's security classification has seen progress, with the SEC abandoning its appeal against the firm, according to CEO Brad Garlinghouse.

Crypto exchange Bitnomial has dropped its lawsuit against the SEC to launch CFTC-regulated XRP futures contracts, citing improved regulatory clarity. Elsewhere, Ripple Labs' legal battle over XRP's security classification has seen progress, with the SEC abandoning its appeal against the firm, according to CEO Brad Garlinghouse.

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