The post XRP Begins Era as Commodity Under US Laws, Stuart Alderoty Reacts appeared on BitcoinEthereumNews.com. Ripple’s Chief Legal Officer (CLO), Stuart AlderotyThe post XRP Begins Era as Commodity Under US Laws, Stuart Alderoty Reacts appeared on BitcoinEthereumNews.com. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty

XRP Begins Era as Commodity Under US Laws, Stuart Alderoty Reacts

For feedback or concerns regarding this content, please contact us at [email protected]

Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has reacted to the reclassification of some crypto assets, including XRP, as commodities, not securities. The reclassification, carried out by the U.S. Securities and Exchange Commission (SEC), officially labeled Solana (SOL), Cardano (ADA) and XRP as nonsecurity crypto assets.

Could commodity status boost XRP adoption?

In a post on his X page, Alderoty maintained Ripple “always knew that XRP was not a security.”

The Ripple CLO was one of the most vocal figures during the long legal battle with the U.S. SEC and has always insisted on challenging the regulatory body’s classification.

He acknowledged all those who stood firm with Ripple and expressed appreciation to the Crypto Task Force for ensuring clarity in the digital asset space. Alderoty noted that with the SEC now effectively agreeing that XRP is not a security, the asset faces less restrictive rules.

Notably, securities like stocks are strictly regulated by the SEC, while commodities like gold or oil are under the oversight of the U.S. Commodity Futures Trading Commission (CFTC).

The development implies that exchanges can list XRP and other crypto assets classified as commodities more easily. This is a big shift for crypto assets like XRP and could greatly impact adoption positively in the broader financial ecosystem.

Some users have also taken a swipe at former SEC Chair Gary Gensler for extending the Ripple lawsuit for nothing.

XRP price holds key support despite drop in trading volume

The new classification might lead to increased institutional confidence in XRP and potentially boost the price for assets like XRP, SOL, ADA and others.

You Might Also Like

As of this writing, XRP exchanges hands at $1.51, which represents a 1.19% decline in the last 24 hours. The coin had previously soared to an intraday peak of $1.54 before dipping slightly to its current price. Nevertheless, it is still trading above the $1.50 support level.

XRP’s trading volume has, however, slipped massively by 41.25% to $3.07 billion within the same time frame. Technical signals suggest the coin is overbought, as its Relative Strength Index (RSI) hit 73.23 after its weekly rally.

Source: https://u.today/xrp-begins-era-as-commodity-under-us-laws-stuart-alderoty-reacts

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Lombard (BARD) Plunges 37.6% in 24 Hours: On-Chain Data Reveals Deeper Issues

Lombard (BARD) Plunges 37.6% in 24 Hours: On-Chain Data Reveals Deeper Issues

Lombard Protocol's native token BARD experienced a sharp 37.6% decline to $0.67, erasing $91 million in market capitalization within 24 hours. Our analysis of on
Share
Blockchainmagazine2026/03/19 07:04
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
Slumps as Yen gains on risk aversion

Slumps as Yen gains on risk aversion

The post Slumps as Yen gains on risk aversion appeared on BitcoinEthereumNews.com. The GBP/JPY register losses of 0.20& on Wednesday as investors wait for the Bank
Share
BitcoinEthereumNews2026/03/19 07:37