SEC Action Labels XRP, SHIB, DOGE and ADA as Nonsecurities
The SEC has officially treated XRP, SHIB, DOGE and ADA as nonsecurities in a recent action, industry participants said. Crypto figures including Binance founder CZ, Ripple's chief legal officer Stuart Alderoty, and members of the SHIB team described the move as a "huge step for crypto." Reactions came from SHIB community lead Lucie, Alderoty and Dogecoin co-founder Billy Markus.