Ripple urges SEC to finalize crypto rules, clarify when tokens cease to be securities
Crypto BriefingJohn Chen
Ripple backs the SEC's proposed regulatory framework while seeking clearer protections for crypto issuers, exchanges, and secondary market transactions. Ripple Labs has urged the US Securities and Exchange Commission (SEC) to finalize its proposed Regulation Crypto Assets framework, arguing that digital assets should not remain subject to securities laws indefinitely because of their original investment arrangements. In an October 20 letter, the company expressed support for the proposal while requesting additional clarity on how investment contracts end, how crypto assets are classified, and how exchanges and other intermediaries can operate under the framework. Ripple argued that an investment contract involving a cryptocurrency does not automatically make the underlying token a security.
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