{"id":78275,"date":"2026-09-17T02:29:29","date_gmt":"2026-09-17T02:29:29","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ripple-says-xrp-is-not-a-security-recognized-as-digital-commodity\/"},"modified":"2026-09-17T02:29:29","modified_gmt":"2026-09-17T02:29:29","slug":"ripple-says-xrp-is-not-a-security-recognized-as-digital-commodity","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ripple-says-xrp-is-not-a-security-recognized-as-digital-commodity\/","title":{"rendered":"Ripple Says XRP Is Not a Security, Recognized as Digital Commodity"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Alderoty stressed that the 2023 federal court ruling established XRP is not a security.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">He pointed to SEC-CFTC guidance naming XRP a digital commodity.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Alderoty expects future SEC and CFTC rulemaking to provide clearer crypto rules.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Alderoty Says Ripple and XRP Stand on Settled Ground<\/h2>\n<p><a href=\"https:\/\/x.com\/s_alderoty\/status\/2099944087470145631\" target=\"_blank\" rel=\"noopener noreferrer\">XRP\u2019s legal and regulatory position remains intact<\/a>, according to Ripple Chief Legal Officer Stuart Alderoty, who emphasized the asset\u2019s existing status after the Senate failed to advance the CLARITY Act on Sept. 15. The Senate rejected cloture on the motion to proceed to H.R. 3633 in a 49-50 vote, leaving broader crypto market structure legislation unresolved.<\/p>\n<p>The Ripple legal chief stated:<\/p>\n<blockquote>\n<p>\u201cDon\u2019t forget \u2013 Ripple and XRP stand on settled ground. The 2023 federal Court ruling established XRP is not a security.\u201d<\/p>\n<\/blockquote>\n<p>The 2023 ruling distinguished XRP itself from certain transactions involving the token, while finding that some institutional XRP sales constituted unregistered investment contracts. Ripple has consistently pointed to that distinction as establishing that <a href=\"https:\/\/news.bitcoin.com\/us-regulators-recognize-xrps-non-security-status-in-sec-cftc-landmark-crypto-rules\/\">XRP itself is not a security<\/a> under the federal court\u2019s decision.<\/p>\n<p>That position was reinforced in March, when the Securities and Exchange Commission (SEC) issued an interpretation addressing how federal securities laws apply to crypto assets and related transactions. The Commodity Futures Trading Commission (CFTC) joined the interpretation and stated that it would administer the Commodity Exchange Act consistently with the SEC\u2019s framework. <a href=\"https:\/\/www.sec.gov\/rules-regulations\/2026\/03\/s7-2026-09\" target=\"_blank\" rel=\"noopener noreferrer\">The SEC-CFTC interpretation<\/a> took effect March 23.<\/p>\n<h2>XRP\u2019s Digital Commodity Status Moves to Center Stage<\/h2>\n<p>The federal agencies\u2019 March interpretation gave Ripple another regulatory reference point beyond the 2023 court ruling. The framework classifies XRP as a digital commodity while preserving the distinction between the token itself and transactions that could qualify as investment contracts under securities law, an issue the SEC has addressed in its broader guidance on when crypto transactions <a href=\"https:\/\/news.bitcoin.com\/when-crypto-assets-become-investment-contracts-sec-defines-key-conditions\/\">fall under securities laws<\/a>.<\/p>\n<p>Alderoty stated:<\/p>\n<blockquote>\n<p>\u201cAnd in March the SEC and CFTC issued a joint interpretation naming XRP a digital commodity. SEC Chairman Atkins and a CFTC Chairman Selig understand these markets. We expect future rulemaking from both agencies to continue to set out clear rules of the road.\u201d<\/p>\n<\/blockquote>\n<p>The Commodity Futures Trading Commission separately described the March action as an interpretation clarifying how federal securities laws apply to certain crypto assets. CFTC Chairman Michael Selig said the interpretation ended a long wait by American builders and entrepreneurs for clear guidance on crypto assets\u2019 legal status. <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9198-26\" target=\"_blank\" rel=\"noopener noreferrer\">The CFTC\u2019s interpretation of crypto assets<\/a> accompanied the SEC\u2019s action.<\/p>\n<h2>Future SEC and CFTC Rules Become the Next Focus<\/h2>\n<p>Future federal rulemaking now forms the next part of Alderoty\u2019s argument. Rather than treating the March interpretation as the end of the process, he expects both agencies to <a href=\"https:\/\/news.bitcoin.com\/regulation-and-legal\/selig-turns-up-the-heat-as-cftc-readies-its-own-crypto-rules\/\">continue developing rules<\/a> that provide clearer operating standards for digital asset markets.<\/p>\n<p>The SEC\u2019s March framework covers categories including digital commodities, digital collectibles, digital tools, stablecoins, and digital securities. The interpretation applies to certain types of <a href=\"https:\/\/www.bitcoin.com\/get-started\/money-fundamentals\/fundamentals\/a-quick-introduction-to-crypto\/\" target=\"_blank\" rel=\"noopener noreferrer\">crypto assets and certain transactions involving crypto assets<\/a>.<\/p>\n<p>Ripple\u2019s position therefore rests on two separate developments: the 2023 federal court ruling and the March SEC-CFTC interpretation. Alderoty is emphasizing those existing legal and regulatory markers after the failed Sept. 15 procedural vote.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/regulation-and-legal\/ripple-says-xrp-is-not-a-security-recognized-as-digital-commodity\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Alderoty stressed that the 2023 federal court ruling established XRP is not a security. He pointed to SEC-CFTC guidance naming XRP a digital commodity. Alderoty expects future SEC and CFTC rulemaking to provide clearer crypto rules. Alderoty Says Ripple and XRP Stand on Settled Ground XRP\u2019s [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":78276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78275"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78275"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78276"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}