Is XRP a Security?

Is the ripple token a security? The CEO of Ripple and sound arguments suggest it isn’t but the SEC will determine this. My thoughts are that it won’t be labelled a security, there’s too much money involved and Ripple has worked hand in hand with regulators already.

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The burning question: Is XRP a security?

Jun 19, 2018 … There has been no mention of XRP by the SEC which got many people thinking: if XRP is not considered a security by the Securities and …

Ripple CEO: ‘Dozens’ of banks will use XRP product in 2019

Jun 5, 2018 … The start-up has a solution known as xRapid that uses the XRP token to help banks move money across the world.

About the Author John Leonardo

John Leonardo invests and trades in Forex and Crypto regularly. John has been and investor in Crypto since 2016. He has been trading for over 15 years and enjoys learning new methods of trading that he passes on to others. His trading style includes both technicals and fundamentals.

He has tried all sorts of methods and systems, discerning what works from what doesn't. He presently trades a managed account as well as his own funds.

He follows the news using such professional resources as financialsource.io and Bloomberg. He combines the daily sentiment and his extensive knowledge of technical indicators to make consistent profits in the markets.

He publishes his articles on trading regularly on both the blog and youtube.
These articles are structured using AI, fact checked and then humanized using his professional experience.

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