The senior Ripple executive officer and managing director for the Middle East and Africa, Reece Merrick, explained:
The Ripple executive further noted:
FAQ ⏰ Does XRP already have regulatory clarity in the United States? Yes, XRP has been confirmed by court rulings as a non-security digital asset in the U.S. Does XRP need the Clarity Act to operate legally? No, Ripple executives say XRP’s legal status does not depend on future legislation like the Clarity Act. What makes XRP different from most other cryptocurrencies?XRP is one of the few tokens with court-defined regulatory clarity in the U.S. market. Why is Ripple still pushing for broader crypto legislation? Ripple argues wider regulatory clarity would help U.S.-based crypto companies innovate and grow.
