Ripple Urges SEC to Adopt 'Lifespan' Rule for Defining XRP Status
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 4h ago- Regulatory Framework Innovation: Ripple is urging the U.S. SEC to adopt a 'lifespan' rule that would implement differentiated oversight based on the various stages of digital assets, enhancing scrutiny during fundraising while treating mature trading phases more like commodities, potentially reshaping the crypto regulatory landscape.
- Legal Victory Foundation: With courts largely treating XRP as not a security, Ripple aims to establish an official, repeatable framework to ensure XRP is not seen as 'special' due to a single ruling, thereby enhancing market confidence.
- European Expansion Plans: Ripple has secured preliminary EMI approval in Luxembourg to expand its cross-border payments network, further accelerating its growth in the European market and enhancing its global operational capabilities.
- Industry Influence Enhancement: Should the SEC adopt this lifespan framework, it would provide XRP with long-term regulatory clarity, attract institutional investors, and reduce regulatory uncertainty, with Ripple's advocacy not only defending XRP but also promoting a flexible regulatory system for the entire digital asset ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
