Will the SEC/XRP decision come soon?

By TwoDogsCaged | TwoDogsCaged | 31 Jul 2024


It has been over a year since the decision that declared, at least in part that XRP was a commodity. 

I came across this article today  https://www.coindesk.com/markets/2024/07/31/xrp-surges-7-amid-ripple-sec-settlement-hopes-600m-token-unlock/?_gl=1*9fldnf*_up*MQ..*_ga*MTExMTg4ODA5NC4xNzIyNDQ3NTA4*_ga_VM3STRYVN8*MTcyMjQ0NzUwOC4xLjAuMTcyMjQ0NzUwOC4wLjAuMjQxODUxNTE2 talking about how XRP increased in price due to thoughts the decision will come soon. 

I am not holding my breath, however, it should be coming out soon as it has been years, congress had declared most cryptocurrencies are commodities and passed the FIT21 act this past summer.

I am enjoying the time accumulating digital assets, as I think it is the future. I believe they are commodities, not just hoping, but have read into them and read about the Howey test, the major questions doctrine, and have a basic understanding of how finances and commodities work. 

I am looking forward to this becoming resolved.

Here's to the future!!!

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TwoDogsCaged
TwoDogsCaged

Cryptocurrency is a fascinating idea, one that has many confused, scared and dismissive of the concept. However, it also is intriguing and likely a large part of the future.

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