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Ripple backs SEC's crypto rules, urges clear token vs investment contract distinction

Market News
21 Oct 2026
Tokenpost
View Source
Bullish
Ripple backs SEC's crypto rules, urges clear token vs investment contract distinction

Ripple's Chief Legal Officer Stuart Alderoty supports the SEC's proposed Regulation Crypto Assets, emphasizing the need to differentiate between investment contracts and tokens under securities law. He argues the SEC has the authority to implement the rules, which align with the Howey test used to define investment contracts. Alderoty highlighted that past SEC enforcement focused on individual tokens, pushing crypto innovation overseas, and noted Ripple's $150 million effort to clarify its legal obligations. The company advocates for consistent regulations across the digital asset industry, though the rule is still a proposal.

As of Oct 21, 2026 17:21 WIB, XRP on Pluang trades at Rp24.315, showing a 4.14% increase over the past day. This price sits within a circulating supply of 63.1 billion XRP, representing 64% of the total 100 billion XRP. Despite the recent price rise, Pluang order activity leans slightly toward selling at 55%, with a typical hold time of 72 days, highlighting a cautious but engaged investor base amid ongoing regulatory discussions.

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