Ripple propose legal framework and talk say XRP no be security to guide how SEC go regulate crypto
Ripple don raise their connection with US regulators by formally talk say XRP no be security and dem also propose complete legal framework to help Securities and Exchange Commission (SEC) regulate the cryptocurrency industry. Based on recent court decision and academic analysis, Ripple talk say XRP, especially when e dey trade for secondary markets, no get the characteristics of security. The company dey push for maturity-based approach, suggesting say digital assets wey get proven decentralization, liquidity, and operational history no suppose dey under securities law. Ripple new framework want make e clear how to categorize digital tokens, reduce legal confusion, and support market integrity. These developments dey come as legal fight about XRP classification still dey go on and debate dey grow on whether current regulations for digital assets dey enough. This fight for clearer regulation fit change how crypto projects dey work for US and fit affect market feeling for assets like XRP, wey go directly affect crypto traders’ strategies.
Bullish
Ripple dey proactive for how e dey deal with regulators—e dey defend say XRP no be security and e suggest say make dem get clear rules wey go make sense—this one dey reduce legal wahala and e dey boost market confidence. For history, anytime crypto sector dey try make rules clear, e dey result in better price for the assets wey dey involved because legal risk dey reduce and more big institutions go start to join. For short time, this kain progress fit make more people buy XRP as traders dey expect better regulatory outcome. For long term, if Ripple plan rules come dey implemented, e go make am easy for new projects to start and make old ones like XRP fit attract more investors, wey fit support steady market growth.