Court XRP Ruling vs. SEC Comments: Which Carries Weight in NYDFS’ Sight?

• The classification of XRP as a digital asset is being questioned due to regulatory changes by the New York Department of Financial Services (DFS).
• Over two dozen tokens, including XRP, have been removed from the DFS's approved list.
• Pro-XRP lawyer Bill Morgan raises concerns about the weight of court rulings in crypto regulation, suggesting that they have less influence than statements made by senior SEC officials.
• Despite a court ruling affirming that XRP is not a security, the cryptocurrency is facing challenges in maintaining its listing status.

The article highlights concerns and questions raised by the XRP community and pro-XRP lawyer Bill Morgan regarding the classification and listing status of XRP. There is a sense of uncertainty and frustration surrounding the regulatory landscape and the influence of court rulings versus statements from regulatory officials.