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Wednesday

19 February 2020

CFTC Chairman on Fence About XRP’s Status in the Face of Regulatory Uncertainty

CFTC Chairman on Fence About XRP’s Status in the Face of Regulatory Uncertainty


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With a class action lawsuit pending and a very obvious agenda of selling XRP as a means of revenue, regulators are still not fully ready to tackle the elephant in the room, but Tarbert confirmed the CFTC is working with the SEC to bring more clarity into the space.

Ripple has a class action lawsuit looming and the SEC‘s stance on this will play a vital role in shaping up future securities regulations.

However, this regulation will bring a world of clarity, leading to many, many more institutions and entrepreneurs jumping into the fray to build, fund, and take risks in the cryptocurrency industry.

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