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Ripple backs SEC's crypto rules but seeks clearer guidelines on token securities and trading.

Market News
21 Oct 2026
Blockonomi
View Source
Bullish
Ripple backs SEC's crypto rules but seeks clearer guidelines on token securities and trading.

Ripple filed a 20-page letter supporting the SEC's proposed Regulation Crypto Assets, which aims to clarify when crypto tokens are securities. The company argues that an investment contract can be a security without the token itself being one and opposes using decentralization as a legal test. Ripple requests clearer rules on Form TR filings, secondary-market trading, and consistent treatment under federal securities laws. This move follows Ripple's costly legal battle with the SEC over XRP and reflects a push for clearer, fairer regulations to avoid prolonged court disputes.

XRP is trading at Rp24.485 with a 4.93% increase on Pluang as of Oct 21, 2026, 16:41 WIB, showing strong market interest despite ongoing regulatory debates. The token's market cap stands at Rp1.528,46 trillion with a 24-hour trading volume of Rp32,03 trillion, indicating active liquidity. This trading activity occurs alongside Ripple's recent legal and regulatory efforts to clarify crypto asset rules.

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