On Aug. 1, the Chamber of Digital Commerce (CDC) — a United States blockchain and digital assets advocacy organization — published a comprehensive report on the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. The “SEC v. Ripple Ruling: Impact and Analysis” report scrutinizes the case’s verdict, highlighting its profound implications for the crypto industry’s future.
According to the report, Judge Analisa Torres’s ruling sets a vital precedent by distinguishing between an investment contract and the underlying asset.