Ripple (XRP): Currency or a Security? What Team Ripple Has to Say about XRP

June 21, 2018

 

Ripple has made it to the main point of interest of SEC once the Securities and Exchange Commission confirmed that neither Ethereum or Bitcoin are securities, that way ruling out the possibility of BTC and ETH being viewed upon as stock or share values. Now that BTC and ETH are proclaimed to be currencies, Ripple is still to have its destiny decided by having SEC ruling on the matter revolving around the question: is XRP a security or a currency? The team behind Ripple has stated several times that they don’t look upon Ripple as a currency, but more of a digital asset, so for some members of the crypto community this statement confirms the origin of XRP and Ripple. However, the members who agree on the matter that Ripple stands for more a security than currency, predicting that XRP will be marked as a security, could be reminded of the fact that the team Ripple had also stated numerous times and on different occasions that although Ripple and XRP are related in many ways, Ripple exists outside XRP and XRP can that way exist without Ripple.  Ripple is the 3rd largest cryptocurrency by marketcap. It is up 2.88% over the past 24 hours and is currently trading at $0.544691. It can be bought with fiat dollars, credit, or debit cards at CEX.io and Changelly

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