Is crypto a commodity or a security?

Is crypto a commodity or a security?

This case goes beyond the survival of Ripple and XRP. It actually lays the predicate for the SEC to charge many of the other cryptos as securities.

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The crypto industry waits anxiously for the decision of Judge Analisa Torres of the Southern District Court of New York on the Securities and Exchange Commission (SEC) versus Ripple Corporation case. Ripple owns the popular XRP crypto token, which is currently still in the Top 10 of, a popular token-tracking website.

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The SEC charged in December 2020 that “Ripple raised funds, beginning in 2013, through the sale of digital assets known as XRP in an unregistered securities offering to investors in

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