Ripple Asks SEC to Put XRP on Par With Bitcoin and Ethereum

TLDR Ripple urged the SEC to treat XRP the same as Bitcoin and Ethereum under capital rules. Ripple proposed a shift toward function-based regulation instead of legacy asset classifications. The company said inconsistent treatment of similar assets creates friction for institutional markets. Ripple asked regulators to recognize fully backed stablecoins as cash-equivalent settlement instruments. The [...]

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