The recent ruling in the legal battle between Ripple and the SEC has highlighted the need for clear and fair rules in the crypto market. Mike Novogratz, the CEO of Galaxy Digital, believes that this win for Ripple could push the SEC to create fair rules for the industry.
Novogratz stated that the ruling is a big win for Ripple and the crypto community, and that it sends a message to the Democrats, Gary Gensler, and the White House to bring fair rules for the industry. However, he also noted that the industry needs legislation to clarify the complex issues surrounding crypto regulations.
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