XRP News today: UK Treasury classifies XRP. 40-50 Cents next
XRP News today: UK classifies XRP. 40-50 Cents next
While Ripple is facing a lawsuit from the SEC in the U.S. over the classification of XRP as a security, the UK provided clarity last week. According to a report published on January 07 by the HM Treasury, the UK government’s Department for Business and Finance, XRP is not a securities token.
In the document, titled “UK regulatory approach to crypto assets and stablecoins: consultation and call for evidence,” the British authority writes that cryptocurrencies serve a variety of functions, from trading digital collectibles to raising capital for new projects. At the same time, the report also states that there is no internationally agreed taxonomy or classification
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13 comments
Stephen H January 14, 2021 4:56 pm
I think all of this hype and drama about the lawsuit is great publicity for xrp. It's actually helping it become a household name like Bitcoin. That gives me even more confidence in the bullish outcome we are going to see.🤘🏼
AJfuntime January 14, 2021 4:56 pm
Nice vid
Tony Gradisa January 14, 2021 4:56 pm
XRP will never be security, XRP purpose is clear. Cryptocurrencies, digital assets etc. are not comparable with anything, especially not with shares, securities etc. They have completely different definition and role as information and value transfer medium, function as assets in processing, transactions, high speed, to decrease costs etc. their function is to circulate as information and value transfer medium in ecosystems. Show me a security with a burn rate (deflation mechanism).
Jon Dow January 14, 2021 4:56 pm
The U.K. is way ahead of the rest of the world, especially the USA . GOOD JOB UK !!!
M K January 14, 2021 4:56 pm
Loving the west country accent..ooh arrrrr!
Harry Balzac January 14, 2021 4:56 pm
RIPPLE THE CENTRALIZED SECURITY SHITCOIN IS GOING DOWN TO $0.00589! SELL NOW SELL NOW!!
Outlawz _ January 14, 2021 4:56 pm
Get ready for the ride 🍻🍻
Alan Dunstan January 14, 2021 4:56 pm
👍👊
Negro Exciting News Fun 2 January 14, 2021 4:56 pm
good video
good news!
Barbara Taylor January 14, 2021 4:56 pm
Awesome news & great video! Sure wish they could wise up over here!
Hot Girls Video XXX January 14, 2021 4:56 pm
So Nice 💘💘💘💘💘💘
Steven Conlon January 14, 2021 4:56 pm
At least the folks over the U.K have their senses
mr. finance January 14, 2021 4:56 pm
great video