A Massive Win for XRP? What the SEC’s Newest Crypto Rule Means for XRPL DEX

The US Securities and Exchange Commission (SEC), on April 13, published a staff statement clarifying that certain user interfaces for crypto asset securities may not need broker-dealer registration. According to a community contributor, the XRP Ledger’s built-in DEX appears to fit the criteria almost by accident. SEC Guidance Draws the Line Between Interfaces and Brokers In its statement, issued under its Proje…