Why is XRP, the digital darling associated with Ripple, prominently missing from the SEC's crypto securities list and now CoinGecko’s lineup? This is a question buzzing throughout the crypto community. Ripple CTO Schwartz has reacted to a list officially released by CoinGecko, which mentions tokens alleged to be securities by the SEC, with the absence of Ripple’s chief technical officer recently noted that XRP was not present on the US Securities and Exchange Commission (SEC) crypto securities list. It’s a bold reminder that XRP stands firm on its ground as a non-security entity, refusing to be roped in.
Ripple CTO Comments on XRP's Absence from Alleged Crypto Securities Lists
Notable industry figures, including Ripple CTO and pro-XRP advocates, are highlighting XRP’s consistent exclusion. Indeed, Schwarts responded to recent discussions surrounding the criteria used to define a crypto security, particularly in light of ongoing SEC lawsuits. The absence of XRP further fuels the debate, especially considering Ripple’s decisive courtroom victory forces the SEC to confront its blurred crypto stance, signaling a broader shift for blockchain firms. Why Was XRP Excluded From CoinGecko’s List of Alleged Securities? Story Highlights CoinGecko lists 48 tokens, omits XRP amid SEC lawsuits; Ripple CTO comments.
Following its legal triumph, Ripple’s perspective on XRP's classification as a non-security is gaining traction. The fact that XRP was delisted from the SEC securities at Coingecko, a significant change in its legal classification. This omission signifies a growing recognition, even amidst regulatory uncertainty, of XRP’s unique standing in the digital asset landscape. The Ripple CTO’s recent comments underscore the importance of clarity and consistency in the SEC’s approach to crypto regulation.