Altcoins Ripple XRP and Ethereum are likely “non-compliant securities” under U.S. federal law, according to Gary Gensler, former head of the Commodity Futures Trading Commission (CFTC). Gensler’s comments, while having little impact on how regulators approach cryptocurrency, could reignite a long-standing debate about whether digital assets behave like stocks. “Particularly Ripple” Gensler recently told The […]
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source https://cryptocurrencyonline.co/former-regulator-calls-ethereum-and-ripple-non-compliant-securities/
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