Market Cap
24h Vol
5704
Cryptocurrencies
54.72%
Bitcoin Share

Ripple CTO Weighs In on Upcoming Ruling in SEC Lawsuit, Says XRP Fits the Definition of a ‘Commodity’

Ripple CTO Weighs In on Upcoming Ruling in SEC Lawsuit, Says XRP Fits the Definition of a ‘Commodity’


The Daily Hodl
2023-01-21 15:30:51

Ripple’s chief technology officer David Schwartz says the company’s XRP token is a “commodity” despite an ongoing legal dispute over its status. Schwartz claims XRP fits into the definition of a commodity under US federal finance rules ahead of a possible legal ruling this year on whether the token was illegally traded as an unregistered The post Ripple CTO Weighs In on Upcoming Ruling in SEC Lawsuit, Says XRP Fits the Definition of a ‘Commodity’ appeared first on The Daily Hodl .


script type="text/javascript"> atOptions = { 'key' : '2a29386f0570b10dd6817f8b71218348', 'format' : 'iframe', 'height' : 250, 'width' : 300, 'params' : {} }; document.write('');
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.