Ripple has urged the U.S. Securities and Exchange Commission to finalize its proposed framework for crypto assets. The company argues that cryptocurrencies should be reclassified and should not remain securities indefinitely. The proposed regulation would provide exemptions for certain offerings and establish a clearer process for certain assets to be detached from investment contracts. The SEC has not yet finalized the rules, whose adoption could affect XRP’s classification, market performance and liquidity.
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