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❕NEWS An Important Statement for Ripple (XRP)

aryan4

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The Japan Financial Services Agency (FSA), Japan's securities regulator, said it sees XRP as a cryptocurrency, not a security. Recently, the British Ministry of Finance also announced that XRP is not a security.
These are important explanations for XRP.
Do you think these statements could affect the SEC case outcome?
 

aryan4

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The day before, the same news came from England. The new news is from Japan. Let's see if such developments make any contribution to XRP's defense of its thesis in the SEC case.
 

Josemendez

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The Japan Financial Services Agency (FSA), Japan's securities regulator, said it sees XRP as a cryptocurrency, not a security. Recently, the British Ministry of Finance also announced that XRP is not a security.
These are important explanations for XRP.
Do you think these statements could affect the SEC case outcome?
I hope it does , we can not fully say if it will or not until the court verdict. So far ,am Keen in seeing xrp wining the lawsuit.
 

achawaskey

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Definitely it will affect the outcome, because I don't think SEC sees it as a cryptocurrency, since other prominent country has certified it as a cryptocurrency, it will go a long way in affecting the decision of the judges.
 

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This is a good one from Japan and it would be helpful also if similar statements are issued from other countries with large crypto markets.
 

aryan4

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I hope it does , we can not fully say if it will or not until the court verdict. So far ,am Keen in seeing xrp wining the lawsuit.
England first made a similar decision on this issue and this was announced. Now the same decision was made by Japan. Maybe these decisions will strengthen XRP's hand in court.
 

sagefave

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if these prominent government bodies of countries like Japan and England can state that ripple is a cryptocurrency with supporting proof, then maybe it's not over yet for XRP and we may see them overcome this huddle in their development.
 

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England first made a similar decision on this issue and this was announced. Now the same decision was made by Japan. Maybe these decisions will strengthen XRP's hand in court.
This is what we pray for , however it might seems that SEC might have planned this suit for a long time ,and have gathered some evidence against ripple
 

Rollerkid

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The Japan Financial Services Agency (FSA), Japan's securities regulator, said it sees XRP as a cryptocurrency, not a security. Recently, the British Ministry of Finance also announced that XRP is not a security.
These are important explanations for XRP.
Do you think these statements could affect the SEC case outcome?
You see the point here, some are criticizing the coin while others are also supporting the coin. Even though most of us believe the lawsuit would go positive for ripple, anything can still happen l think.
 

De-rector

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All coins have people who support them and people who criticize them so it's normal and all indications are showing that Ripple is likely to win the case and become very much stronger.
 

Brain

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Xrp has always being arguing that their coin is no security but an electronic money. Good that others are seeing 8t this way and supporting it. Let see how this goes for ripple
 

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Xrp has always being arguing that their coin is no security but an electronic money. Good that others are seeing 8t this way and supporting it. Let see how this goes for ripple
I believe in the end the case of Ripple with SEC will enlighten us more about the differences between cryptocurrency and securities likewise their are similarities.
 

Brain

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I believe in the end the case of Ripple with SEC will enlighten us more about the differences between cryptocurrency and securities likewise their are similarities.
Lol definitely we learn everyday even from situations like this, I will also learn from it too. I hope the ripple comes out successful all the same
 

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Lol definitely we learn everyday even from situations like this, I will also learn from it too. I hope the ripple comes out successful all the same
I have been following the case and from all indications ripple is on the right track because SEC seem to lack substantial evidences to defend their allegations.
 

Brain

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I have been following the case and from all indications ripple is on the right track because SEC seem to lack substantial evidences to defend their allegations.
I know a lot of ripple lovers just like me are Keen on this case to know what's really SEC case with ripple that we believe it is digital money while SEC thinks otherwise
 

BullyMaguire

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I really commend japan for being supportive despite what SECis doing with ripple. They are a real nation with a great adaptivity on anything regarding technology
 

Virkk

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The Japan Financial Services Agency (FSA), Japan's securities regulator, said it sees XRP as a cryptocurrency, not a security. Recently, the British Ministry of Finance also announced that XRP is not a security.
These are important explanations for XRP.
Do you think these statements could affect the SEC case outcome?
I also hear that xrp is not a secure and reliable coin. I was holding xrp from the last one month with my $54 and unfortunately I sell them at 50 dollar and fall into loss of $4.
 

Brain

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I really commend japan for being supportive despite what SECis doing with ripple. They are a real nation with a great adaptivity on anything regarding technology
The truth is that during crisis everyone can't against you because if that happens it will be too bad so that's what Japan is doing supporting for moral backup which could help ripple in no little way
 

BullyMaguire

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The truth is that during crisis everyone can't against you because if that happens it will be too bad so that's what Japan is doing supporting for moral backup which could help ripple in no little way
If only ripple just move their headquarters to Japan instead nothing will be a problem.. SEC is into everything they see as a threat thought just look at how they're into elon now
 

Brain

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If only ripple just move their headquarters to Japan instead nothing will be a problem.. SEC is into everything they see as a threat thought just look at how they're into elon now
You are right I wish they had done this earlier but unfortunately they are already caught in SEC web so it up to them to wriggle their way out and learn a lesson it two
 
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