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Source: AdobeStock / photo_gonzo US-based blockchain company Ripple is likely to win the long war with the US Securities and Exchange Commission (SEC), say legal experts, arguing that the agency may have shot itself in the foot. Some legal observers suggested that the agency completely failed to prove its case, according to a Forbes report. A major cause for its downfall could have been thousands of retail XRP holders who got involved in the case: though they were unable to be included as defendants along with Ripple, the judge allowed them to file amicus briefs, so that their voices would be heard as well. Attorney Jeremy Hogan was quoted as saying that,  "The SEC can only prevail with its summary judgment motion if Judge [Analisa] Torres “forgets her first year of law school"." Furthermore, well-known legal experts, namely Curt Levey of the Federalist Society and Professor J.W. Verret of George Mason University’s Scalia School of Law , argue that

Join Our Telegram channel to stay up to date on breaking news coverage The city of Macau is exploring having a digital currency as legal tender. Macau is a special administrative region in China and is well known for its vibrant casino industry . The exploration of a digital currency as legal tender comes amid plans by China to roll out the digital yuan. Macau explores digital currency as legal tender The Executive Council of Macau made this announcement on Friday. The proposal has not mentioned any digital currencies the city is considering having as legal tender and to support their official use as a means of payment in the region. Nevertheless, Macau’s initiative is seen as a plan to support innovative payment systems like mainland China. The move could also strengthen the economic ties in the city and support its legal ties with mainland China. The move has been received positively, but one of the areas where its popularity could be seen is in the gaming sector. As afo