ACCEPTANCE OF XRP AS COMMODITY...

#BotOrNot #escoin #elg #xrp #doge

As the legal proceedings between Ripple and the U.S. Securities and Exchange Commission (SEC) continue, the SEC's evaluations regarding whether XRP is a security or a commodity are garnering significant interest. According to a report by Fox News, the SEC is discussing the possibility of XRP achieving commodity status similarly to ETH. If this occurs, the U.S. Commodity Futures Trading Commission (CFTC) will play an active role in market oversight and derivative product approval processes for XRP, adapting the regulations it applies to Bitcoin and Ether to XRP as well.