As the crypto sector holds its breath waiting for a resolution in the Ripple v. SEC case, the blockchain company has already started feeling the effects of the ambiguity. Ripple's newest product, Liquidity Hub (LH), doesn't come with support for XRP, causing some outrage among XRP community members. Nevertheless, Ross Alderoty, General Counsel of Ripple, suggested that they still have plans of introducing XRP when they have assurance that their customers will have a good experience.

Elsewhere, the SEC is taking legal action against the crypto exchange Bittrex after alleging that six digital assets listed on the said platform should be considered as securities - Dash (DASH), Algorand (ALGO), OMG Network (OMG), Monolith (TKN), NAGA (NGC), and IHT Real Estate Protocol (IHT).

The SEC Chairman, Gary Gensler, has also had his fair share of queries regarding whether Ethereum (ETH) is classified as a security, yet has continued to evade providing a straight answer. He has not given any direct answers to this in his latest testimony before the US House of Representatives, which took place on 19th April.

At the time of writing up this news, the XRP token was trading at $0.46 with a 1.92% decrease in value in the course of a day and 11.18% on a weekly basis. Having said that, XRP saw an 8.47% increase in its price over the last month.

Overall, the Ripple v. SEC case is showing its repercussions among the crypto sector, yet the future of XRP's place among platforms such as Liquidity Hub is uncertain. As long as the court decision has yet to be released, clarity and insight into the cryptospace is yet to be revealed.



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