• rippleXRP$0.3023808.12%

Former CFTC chair says Ripple’s cryptocurrency XRP is not a security—but Ripple is his client – Yahoo Finance

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co-authored a paper in the International Financial Law Review arguing that the cryptocurrency XRP does not qualify as a security, and thus “should not be regulated as a security, but instead considered a currency or a medium of exchange.”” data-reactid=”16″>Christopher Giancarlo, the former chairman of the Commodity Futures Trading Commission, made waves last week when he co-authored a paper in the International Financial Law Review arguing that the cryptocurrency XRP does not qualify as a security, and thus “should not be regulated as a security, but instead considered a currency or a medium of exchange.”

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