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Bitcoin and XRP are commodities; SEC and CFTC share crypto oversight but spot market regulation remains unclear.

Market News
14 Sep 2026
Coinpaper
View Source
Neutral
Bitcoin and XRP are commodities; SEC and CFTC share crypto oversight but spot market regulation remains unclear.

U.S. regulators SEC and CFTC clarified that Bitcoin and XRP are digital commodities, not securities, with the SEC overseeing securities and the CFTC regulating commodity derivatives like futures. While Bitcoin and XRP derivatives fall under CFTC jurisdiction, spot trading of these assets lacks comprehensive regulatory oversight, creating a gap in current law. The SEC-CFTC joint interpretation in 2026 brought clarity but did not grant the CFTC full authority over spot crypto exchanges. The pending CLARITY Act aims to establish clearer rules for crypto trading venues, but until then, regulatory oversight depends on the type of transaction and product involved, making the SEC vs. CFTC distinction crucial for investors.

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XRP Ledger sets record with 3,254 transactions in one ledger, mostly tiny XRP payments.

XRP Ledger sets record with 3,254 transactions in one ledger, mostly tiny XRP payments.

On Sept. 14, the XRP Ledger processed a record 3,254 transactions in a single ledger, mostly consisting of one-drop XRP payments, the smallest unit of XRP. This burst likely served as a throughput test and does not indicate a permanent increase in th...

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BNB Smart Chain raises block gas limit to 70M to ease network congestion by Sept 15

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Ripple's RLUSD stablecoin hits $2.44B supply record, mostly growing on Ethereum, not XRP Ledger.

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Hyperliquid surpasses $11B open interest, becoming 3rd largest crypto exchange, challenging Binance.

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Hyperliquid has grown rapidly to become the third-largest crypto exchange by open interest, surpassing $11 billion. This marks it as a significant competitor to Binance in the perpetual futures market and a key player in the on-chain derivatives spac...

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