SEC is considering re-evaluation of XRP: Potential classification as a raw material could revolutionize crypto market

<p> <strong> SEC is considering re-evaluation of XRP: Potential classification as a raw material could revolutionize crypto market </strong> </p>

XRP as a raw material: a potential turning point for the crypto market

The discussion about the legal classification of XRP by the US stock exchange supervision SEC (Securities and Exchange Commission) is a central topic in the crypto community. New speculations indicate that the SEC may plan to classify XRP as a raw material. Such a step could have significant effects on the regulation and market value of XRP.

less strict regulation for XRP

If the SEC XRP should classify as a raw material, this could mean that the token is subject to less strict regulations, similar to Ethereum (Eth). This change could potentially have a significant impact on the course of XRP and positively influence the market.

The case sec vs. ripple

The current case Sec against Ripple is a hotly discussed topic among crypto enthusiasts. The SEC, under the direction of Gary Gensler, argues that XRP is a non -licensed security. At the same time, the Commission is trying to block all of XRP. Rumors indicate that an agreement between Ripple and the SEC could be imminent, whereby Ripple is interested in a new approach.

Charles Gasparino, a well -known business journalist, commented on the considerations of the Sec. He said that the Commission is checking whether XRP has a usefulness that makes it more of a raw material than a securities. The example of Ethereum is crucial here: Despite its original edition as an ICO (initial coin offering), Ethereum was not sued because it has transformed into a raw material over time.

potential for significant changes in the regulation

The SEC could respond to Commissioner Hester Peirce's proposals, which has stimulated a re -evaluation of some assets. In addition, the Commission plans to enter into new cooperation models with the CFTC (Commodity Futures Trading Commission) to develop clear regulatory guidelines for cryptocurrencies.

If Ripple and the SEC reach an agreement, XRP could benefit from significantly less strict regulation. This development would not only increase the market value of XRP, but also underline its importance in global payment transactions.

XRP and Ethereum: similarities and differences

A possible re-evaluation of XRP would put its decentralized functionality and usefulness within the Ripple network. In contrast to Ethereum, which is classified as an investment contract, XRP could be regarded as a raw material, which is more likely to adapt its properties to that of raw materials.

In addition, the technical assessment of this classification would be given by providing payment infrastructure for global banks and payment services.

precedent and legal developments

In addition, the SEC could fall back on other legal examples in order to create a precedent for the Ripple case. In 2022, several US states sued Coinbase because they claimed that their staking services violated securities laws. The Chief Legal Officer from Coinbase announced that Vermont made his charges fall, which refers to the new regulatory paradigms of the Sec.

A state has already recognized that the new guidelines of the SEC can make earlier arguments obsolete. If the SEC gets to the inspection that it has been handled too strictly with Ripple, a re -evaluation of XRP could be a legitimate option.

FAZIT

If XRP should be classified as a raw material after April 16, this would increase or even confirm the probability of a possible approval of XRP ETFs. Such a development would be extremely positive for XRP and could result in far-reaching consequences for the entire crypto economy.