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U.S SEC
The cryptocurrency market has once again slipped into the red zone, with a notable trigger being the revelation of the U.S. Securities and Exchange Commission's (SEC) intent to take legal action against Ripple.
The regulatory scrutiny on Binance raises questions about the status of ecosystem tokens and emphasizes the need for clearer regulations and increased cooperation between industry players and regulators.
The popular crypto traded at $0.476380 with a daily trading volume of $7 billion. XRP is up 9.06% for the day.