SEC and Ripple Debate: Is XRP a Commodity or a Security?
by aria-crypto.com
March 14, 2025 at 11:47
SEC and Ripple Debate: Is XRP a Commodity or a Security?
The U.S. Securities and Exchange Commission (SEC) is nearing the end of a protracted legal battle with Ripple, focusing on the classification of XRP as a commodity. This debate echoes a prior SEC stance where Ethereum was declared not a security, igniting discussions on whether XRP should receive similar treatment. According to Fox Business, the impending settlement discussions are influenced by Ripple's arguments for a lighter penalty, leveraging the SEC's recent leniency toward other crypto firms. The pivotal issue remains whether XRP, like Ethereum, has evolved beyond its initial coin offering status to function predominantly as a commodity. Charles Gasparino of Fox Business notes that the comparison between Ethereum and XRP is critical to the SEC's reevaluation. Ripple's potential to move forward, including plans for a public offering, hinges on the outcome of this reclassification. Should the SEC rule in Ripple's favor, it could set a precedent for how digital assets are categorized and regulated, impacting not only Ripple but the broader cryptocurrency market.
Read more
>> BlackRock Eyes Expansion into Solana with Planned ETF Filings
BlackRock, the global investment behemoth, is poised to enter the altcoin space with planned ETFs for Solana (SOL) and XRP, marking a significant expansion beyond its existing Bitcoin and Ethereum offerings. Na...
an hour ago
>> IRS DeFi Regulation Uncertainty After Congressional Repeal
Congress has recently taken measures easing regulatory pressures on the decentralized finance (DeFi) sector by repealing a burdensome IRS rule. This rule, initiated by the IRS in December 2024 and set to be act...
>> Russia Leverages Crypto Innovations to Skirt Sanctions in Oil Trade, Reports Reuters
Russia has utilized cryptocurrencies to continue its oil transactions with China and India, thus evading Western sanctions imposed on its $192 billion oil sector. According to Reuters, the nation employs Bitcoi...
2 hours ago
>> US Regulatory Challenges and Trump Negotiations Impact Binance US Operations
Changpeng Zhao, the former CEO of Binance, has been at the center of contentious reports involving alleged discussions about the Trump family acquiring a stake in Binance US. Despite these claims, Zhao strongly...
>> Ethereum and Other Altcoins to Expand Telegram's Crypto Wallet Offerings
Telegram is set to enhance the cryptocurrency trading capabilities of its TON blockchain-based wallet, Wallet, by adding over 50 new altcoins, including Ethereum and XRP. The expansion aims to provide Telegram'...
2 hours ago
>> Coinbase Gains Legal Victory in Vermont Staking Case, Signaling a Shift in Crypto Regulation
In a significant legal development, U.S. state Vermont has dismissed its staking services lawsuit against Coinbase, marking another victory for the cryptocurrency exchange. Paul Grewal, Chief Legal Officer at C...
>> Russia and US Tensions Rise as Crypto Becomes Tool in Sanctions Evasion
Russia has increasingly turned to cryptocurrencies to circumvent Western sanctions, particularly in its oil trade with China and India. This move involves the use of Bitcoin, Ethereum, and Tether through interm...
3 hours ago
>> EU and SEC Scrutinize Crypto Movements as Dogecoin and OKX Draw Attention
In the evolving crypto landscape, significant developments have emerged involving regulatory actions and market movements. The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Graysca...
4 hours ago
>> UAE's Crypto Landscape Evolves as Crypto.com Secures Bitcoin Derivatives License
Crypto.com has successfully obtained a derivatives license from Dubai’s Virtual Assets Regulatory Authority (VARA), marking a significant milestone in its expansion within the UAE. This license enables Crypto.c...
4 hours ago
All the latest crypto news in one place
Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Launch Terminal
