The head of the CFTC: I’m not sure whether XRP securities

The Chairman of the Commission on urgent exchange trade of the USA (CFTC) Heath Tarbert said that the answer to the question whether the token XRP securities, is not obvious.

The Department actively cooperates with the Commission on securities and exchange Commission (SEC) to determine the status of XRP. Bitcoin and Ethereum are the same, he said, you are the goods. Earlier Tarbert suggested that after the transition to PoS status Ethereum may change.

Recently the company Ripple actively criticized for the fact that its basic business model is selling XRP to retail investors. Its representatives claim that they sell the tokens to a negligible amount, although sales in the four months exceeded the last investment round of $200 million.

Capitalization of Ripple, which continues to defend in court the innocence in the sale of unregistered securities, recently reached $10 billion.

Ripple as a Security by mikedudas on Scribd

Recall, Tarbert sure that systemic risks to the financial system pose global stabilini, not bitcoin.


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