Hoskinson: ADA and XRP are real commodities, not securities
- —Hoskinson called bitcoin, ADA and XRP "real commodities"
- —In his view, the law should first determine which assets are commodities and which are digital securities
- —The SEC and CFTC previously included ADA and XRP in the digital commodity category
- —Hoskinson urged the US to reach mutual agreements with other jurisdictions on regulation
Why it matters: The statement reinforces the commodity-status narrative for ADA and XRP, reducing regulatory risks for these assets.
Source: The Crypto Basic