XRP included in SEC and CFTC digital commodity category, but sale-method assessment remains
- —SEC and CFTC issued digital commodity guidance on March 17, including XRP, BTC, ETH and SOL
- —The guidance took effect on March 23 but does not override sale-type transaction assessment
- —US Senate rejected the CLARITY Act procedural vote on September 15: 49 for, 50 against
- —XRP fell about 10% to $1.29 after the vote
Why it matters: Uncertainty over the method of sale persists, leaving regulatory risk for XRP and other assets until new rules emerge.
Source: TokenPost