Last week, a federal judge ruled that crypto company Ripple Labs did not violate securities laws by selling its token to retail investors. The ruling is seen as a setback for the Securities and Exchange Commission's strategy to regulate cryptocurrencies and as a victory for the crypto community as a whole. WSJ’s Vicky Huang explains. 

Further Listening:

-SEC Chair Gary Gensler On His Crypto Crackdown 

-A Crypto Exchange Crackdown 

Further Reading: 

-Ripple Ruling Deals a Blow to SEC’s Effort to Regulate Crypto 

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