• XRP is not a security
    People,  Regulation,  XRP

    ‘Crypto Dad’ Chris Giancarlo: XRP is not a security

    The former Commodity Futures Trading Commission chair was a leading force in removing the scarlet ‘S’ from bitcoin and ether, and he remains influential. But making the same argument for XRP is weakened as his law firm works for Ripple

    Former Commodity Futures Trading Commission chair and “Crypto Dad” Chris Giancarlo argued forcefully in a June 17 column that XRP is not a security but a currency under U.S. law. That’s a huge, potentially life-or-death question for Ripple.