SEC reportedly weighing XRP’s commodity status amid Ripple settlement negotiations

The US Securities and Exchange Commission (SEC) is reportedly considering whether XRP qualifies as a commodity rather than a security in its ongoing settlement negotiations with Ripple.   According to journalist Charles Gasparino, the SEC is weighing similarities between XRP and Ethereum (ETH).

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SEC sees surge in XRP ETF filings with three applications in five days

The United States Securities and Exchange Commission (SEC) has formally acknowledged three applications for XRP exchange-traded funds (ETFs) within a five-day span. This development has fuelled speculation about the regulator’s stance on XRP and its potential classification as a commodity.

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XRP News – Has the SEC Classified XRP as a Commodity? Regulatory Uncertainty Sparks Debate

The Ripple community is abuzz with speculation over the U.S. Securities and Exchange Commission’s (SEC) stance on XRP following the agency’s acknowledgment of exchange-traded funds (ETFs) tied to the asset.

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XRP Is 'Leader of the Pack,' Commodity Trading Legend Says

XRP has vastly outperformed other major cryptocurrencies over past 24 hours

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XRP Is "Leader of the Pack," Commodity Trading Legend Says

XRP has vastly outperformed other major cryptocurrencies over the past 24 hours

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Legendary Trader Peter Brandt Spots Important Bullish XRP Pattern

Skilled commodity trader hints that XRP may surge on bullish pattern that is forming on chart

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Bitnomial sues SEC over claim that XRP is a security

The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.

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Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'

If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies (altcoins) and subject them to stringent supervision. The market, however, expects Ripple to win after CFTC on Monday classified bitcoin as commodity.

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XRP price rises to an 11-month-high despite the Binance clash

While the FUD around Binance getting sued by the US Commodity Futures Trading Commission (CFTC) continues to rise, the ripple (XRP) price witnessed a decent climb.  XRP’s price has reached an 11-month-high after it rose by 19% in the past…

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Ripple CTO Explains Why XRP Is a Commodity

Ripple CTO David Schwartz claims that the controversial XRP cryptocurrency meets the definition of a commodity

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MicroStrategy’s Saylor Says XRP Is A Security, Touts Bitcoin As The Only Crypto Commodity

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Charles Hoskinson Believes XRP to Be Commodity, Shiba Eternity Sets Historic Record, Ripple Keeps Hiring Amid Bear Market: Crypto News Digest by U.Today

U.Today presents its recent news digest with hottest crypto news from the weekend, check it out!

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Cardano Founder Says XRP Should Be Regulated as Commodity, Here’s Why

Charles Hoskinson clarifies his attitude towards the Ripple-SEC lawsuit, says XRP should be regulated as a commodity

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CFTC Commissioner Meets With Ripple CEO, Raising Bullish Hopes Of XRP Being Declared A Commodity

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CFTC commissioner visits Ripple offices as decision in SEC case looms

The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security.

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Bitcoin Supporter Gary Gensler, Who Called XRP A ‘Security’ to Be Named SEC Chairman

Former Commodity Futures Trading Commission (CFTC) Chair Gary Gensler is expected to be named the Chairman of the US securities and exchange Commission by President-elect Joe Biden, reported Reuters.

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XRP Price Could Soon Drop to $0.20 - Says Trading Legend Peter Brandt

The price of XRP could nosedive back to $0.20 if a major bearish pattern plays out, according to commodity trading vet Peter Brandt

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XRP is a Scam, Claims Bitcoin Bull Ben Askren

Coinspeaker XRP is a Scam, Claims Bitcoin Bull Ben AskrenXRP is still in an odd spot: nobody knows for sure whether or not the asset is a commodity or security or even neither. Some people, like Ben Askren, believe that it is just a scam.XRP is a Scam, Claims Bitcoin Bull Ben Askren

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What Could XRP Price Be if Courts Decide it’s a Commodity?

XRP, Ripple’s native utility token, has been stuck under $0.25 for a number of months now, as traders wait for bullish news to arrive. But what would happen to XRP price if the US court recognized the asset as a commodity and put an end to the ongoing lawsuit?  Wild Predictions Call XRP to Break Above $500 XRP has fought for acceptance and is viewed as a wildcard in the world of crypto, possibly bouncingRead More The post appeared first on Bitcoinist.com.

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Ripple Says “XRP’s Utility as a Currency Threatened” by the Securities Class Action

While the price of the digital asset according to some industry commentators is looking ready for a bullish move, on the regulatory front, there is no knowing if the digital is a security or commodity.

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Ripple's XRP Is Bottoming Against Bitcoin: Trading Legend Peter Brandt

Commodity trading vet Peter Brandt shocks crypto Twitter by saying that the XRP price has already bottomed against Bitcoin  

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Ripple Labs wants the US to forget it’s being sued for selling Ripple (XRP) illegally

Ripple Labs, the company behind the Ripple (XRP) cryptocurrency, has formally requested a US federal court dismiss a class action lawsuit that alleges it illegally sold unregistered securities, Fortune reports.

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New Cryptocurrency-Based ETP Arrives in Switzerland

Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e.

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

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