the outcome of the sec v ripple xrpusd case is seen as a pivotal moment in shaping future us crypto regulation according to a report by cantor fitzgerald the report which quoted an interaction with pacific street managing director gareth rhodes suggested that the ruling in this case is a significant step towards safeguarding domestic crypto onramps from regulatory crackdowns the sec v ripple case ruling establishes that crypto tokens are not inherently securities this ruling is seen as the first major pushback to the secs regulation by enforcement approach to the crypto industry and is believed to have significant implications for the ongoing sec lawsuits against coinbase global inc coin and binance bnbusd rhodes believed the sec v ripple ruling will have significant implications on the ongoing sec v coinbase case the ripple outcome is seen as an important victory for crypto exchanges that facilitate both programmatic sales and secondary sales also read celsius networks bankruptcy battle takes a new turn with 25m gk8 sale rhodes said the courts ruling on programmatic distribution will likely strengthen coinbases argument that secondary sales of crypto tokens with a blind bidask are not unregistered security sales rhodes also believed the courts decision on institutional sales of xrp will impact how the sec will seek future enforcement institutional offerings of crypto tokens will become lowhanging fruit for the secs regulation through enforcement methodology while the ruling is seen as a win for the crypto industry rhodes believed the ongoing battle between the sec and the crypto industry is far from over federal regulators have been clear they would take an aggressive posture when applying established laws and guidelines against the crypto sector the report reiterated the view that a rising tide will lift all ships in this industry any incremental court rulings that provide increased regulatory clarity and bolster investor confidence are believed to continue driving further institutional and retail adoption ripples win would likely accelerate adoption and innovation across the crypto ecosystem benefiting the largest dominant fully decentralized cryptocurrency read next marathon digital ceo fred thiel faces legal battle over alleged breach of duties join benzingas future of crypto in new york city on nov 14 2023 to stay updated on trends like ai regulations sec actions and institutional adoption in the crypto space secure early bird discounted tickets now