SEC should declare XRP a security, says Peter Brandt

SEC should declare XRP a security, says Peter Brandt

Could XRP’s regulatory status be finally settled one day? Veteran trader and chart analyst Peter Brandt is the latest figure in the cryptocurrency community to dispute the regulatory status of XRP.According to the chartist, XRP — the fourth-largest cryptocurrency at publishing time — is a security, which means that the coin should fall under the regulatory purview of the United States Securities and Exchange Commission.“XRP would have been declared as a security if the SEC understood cryptos,” Brandt argued in a tweet on Nov. 10.Brandt’s comments came in response to a statement by Twitter....


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