XRP News today: Moon boots on because XRP IS NOT A SECURITY!
XRP News today: Moonboots on as XRP IS NOT A SECURITY!
Cardano creator Charles Hoskinson is weighing in on the U.S. Securities and Exchange Commission’s (SEC) case against Ripple and the agency’s assertion that XRP is an unregistered security.
In a series of ask-me-anything (AMA) videos, Hoskinson says part of the problem with regulating crypto assets is that tokens are dynamic and hard to categorize.
Yoshitaka Kitao has shared a link to another statement issued by the major Ripple partner and investor from Japan regarding the SEC’s legal suit against Ripple.
Citing an article by an author from the Nomura Research Institute, the document states that, under the Japanese Funds Settlement Law, XRP is a cryptocurrency asset and not a security, as the SEC claims it is for the U.S.
Therefore, the document says, XRP will continue to trade as a crypto asset on Japanese digital exchanges, regardless of the attempts by the U.S. regulator to accuse Ripple of selling “unregistered investment contracts,” i.e., securities.
The statement reminds interested parties that SBI Group does not invest in XRP directly, but rather in Ripple shares. However, it does purchase XRP from the Ripple decacorn to cover the needs of traders at the SBI VC Trade exchange owned by SBI Group.
Thus, the current XRP decline on exchanges does not impact the results of SBI’s business, the statement says
DON’T click this link:
Follow me on twitter:
Tip me some XRP
Destination Tag: 1182854382
Tip me some Bitcoin
For all Business & Press enquiries: email@example.com
Get a Ledger Nano S or X
Sign up to Binance & Buy Cryptocurrency
Earn up to $50 in XLM
Earn up to $50 in EOS
Earn up to $40 in Band
Earn up to $40 in Compound
0:28 People put money from XRP to Bitcoin
2:18 Cardano creator: XRP IS NOT A SECURITY!
5:18 Yoshitaka Kitao reiterates XRP is NOT a security!
7:40 XRP Moonboots 😂
Why Is Bitcoin Dominance Surging? Three Letters: XRP
XRP Will Continue to Trade as Crypto Asset, Not Security, in Japan, SBI Group Says
Cardano Creator Says XRP Is Not a Security, but Its Distribution May Be Problematic