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Ripple urges SEC to clarify crypto rules to avoid costly legal battles over token securities status.

Market News
21 Oct 2026
Crypto news
View Source
Bullish
Ripple urges SEC to clarify crypto rules to avoid costly legal battles over token securities status.

Ripple filed a detailed comment supporting the SEC's proposed Regulation Crypto Assets, urging clearer rules to prevent costly legal disputes over whether tokens are securities. The company argues that investment contracts can be securities without the associated tokens being securities themselves, opposing the use of decentralization as a legal test. Ripple seeks clearer guidelines on issuer obligations, Form TR filings, and secondary-market transactions, citing its own $150 million legal battle with the SEC as a costly example of regulatory uncertainty. The SEC will review comments before finalizing the rule, which aims to provide clearer exemptions and processes for crypto offerings and securities status.

XRP, the token associated with Ripple, is trading at Rp23.959 on Pluang, showing a 1.88% gain in the past day. The market cap stands at Rp1.512,27 trillion with a 24-hour trading volume of Rp31,73 trillion. As of Oct 21, 2026 11:21 WIB, Pluang users show a slightly higher sell activity at 55%, and the typical hold time is 72 days.

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