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Ripple CEO says XRP has legal clarity after court ruling despite stalled US crypto legislation

Market News
19 Oct 2026
Tokenpost
View Source
Bullish
Ripple CEO says XRP has legal clarity after court ruling despite stalled US crypto legislation

Ripple CEO Brad Garlinghouse stated that XRP has legal clarity following a July 2023 federal court ruling that classified XRP not as an investment contract. The court differentiated between Ripple's programmatic sales, which were not securities, and direct institutional sales, which were unregistered securities. This ruling provides some legal certainty for XRP despite a recent Senate vote that failed to advance broader crypto market regulations in the US, leaving the overall legislative framework unresolved.

XRP's market cap stands at Rp1.484,87 trillion as of Oct 20, 2026 07:31 WIB, with a 24-hour trading volume of Rp28,01 trillion on Pluang. The token's price is Rp23.364, down 0.54% in the last day, while 60% of Pluang users are buying XRP, holding it typically for 72 days. This trading activity highlights ongoing investor interest despite the complex regulatory environment discussed in the news.

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