Ripple’s chief technology officer David Schwartz says the company’s XRP token is a “commodity” despite an ongoing legal dispute over its status. Schwartz claims XRP fits into the definition of a commodity under US federal finance rules ahead of a possible legal ruling this year on whether the token was illegally traded as an unregistered The post Ripple CTO Weighs In on Upcoming Ruling in SEC Lawsuit, Says XRP Fits the Definition of a ‘Commodity’ appeared first on The Daily Hodl .
