SEC considers classifying XRP as commodity in settlement talks with Ripple

SEC considers classifying XRP as commodity in settlement talks with Ripple



SEC considers classifying XRP as commodity in settlement talks with Ripple























According to a 2023 ruling, XRP itself is not inherently a security, particularly when sold on secondary markets.

Ripple logo overlaid on a background of various cryptocurrency coins, with a stylized Ripple symbol in blue tones.

Key Takeaways

  • The SEC is considering classifying XRP as a commodity during settlement talks with Ripple.
  • Ethereum’s regulatory treatment is a key comparison point in the legal battle concerning XRP.
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The SEC is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple Labs, FOX Business senior correspondent Charles Gasparino reported today.

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