📣 BREAKING ‼️ The Securities and Exchange Commission has officially declared#XRPa commodity! 🚀
📌The news means that the US Securities and Exchange Commission (SEC) has officially declared that XRP is a “commodity” and not a “security”. This means that XRP will be subject to different laws than stocks and bonds.
The difference is important because if XRP were a “security”, it would face significant legal restrictions. However, being a commodity allows it to trade more freely in the markets without those restrictions.
In short, this decision could be good news for XRP users and supporters as it opens up greater opportunities for them in the market.
