Ripple: XRP status is settled — not a security, but a digital commodity
- —The Senate rejected a procedural vote on the CLARITY Act, 49-50
- —A 2023 court ruling established that XRP is not a security
- —The March SEC and CFTC interpretation classified XRP as a digital commodity
- —Alderoty is awaiting further rules from the SEC and CFTC
Why it matters: Legal certainty for XRP reduces regulatory risk for holders amid the stalling market-structure bill.
Source: Bitcoin.com