Topic: Ripple Chief Strategy Analyst: XRP Is Not a Securities (Read 58 times)
According to CNBC, Ripple chief strategy analyst Cory Johnson said on Wednesday that XRP is not a securities and does not meet the securities standards. Johnson clarified that Coinbase had never discussed whether XRP was a type of security, and the discussions between the parties centered around the criteria for increasing assets. On April 9, Bloomberg said in a report that the XRP might eventually be considered as a security by the SEC and that it was suspected to be an obstacle to XRP's online Coinbase. On April 10, it was reported that Coinbase had discussed the registration with the SEC. Previously, the SEC stated that digital assets belonged to the category of securities, so trading platforms must be registered with the SEC or registered for exemption.
Jump to: