XRP status is unclear, says CFTC Chairman

XRP status is unclear, says CFTC Chairman

The US CFTC has said that while Bitcoin and Ethereum are commodities, the status of Ripple (XRP) is still unclear. The regulatory status of XRP has been unclear so far, particularly after the company behind the token faced a class-action lawsuit alleging that it held an unregistered sale of securities. The suit claims that Ripple misled investors and sold XRP as an unregistered security.

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