Ripple's win against US SEC give hope to other crypto firms

Ripple's win against US SEC give hope to other crypto firms

FILE PHOTO: People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo

A cryptocurrency developer’s landmark legal victory against the U.S. Securities and Exchange Commission (SEC) will galvanise Coinbase and other companies to resist the agency’s attempt to assert its jurisdiction over the industry, experts said.