Ripple Advocates for Clear SEC Guidelines on XRP Classification Amid Regulatory Uncertainty
Ripple has stepped up its efforts to seek regulatory clarity by submitting a formal request to the SEC’s crypto Task Force. The company’s chief legal officer publicly released a letter addressing Commissioner Hester Peirce’s recent inquiry about distinguishing crypto assets from investment contracts. This development comes as the cryptocurrency industry continues to debate when digital assets transition from securities to non-securities classifications. Meanwhile, XRP’s current price stands at 2.30110000 USDT as of May 28, 2025. The lack of clear regulatory frameworks has been a significant hurdle for the broader adoption of digital assets like XRP, and Ripple’s latest move highlights the growing urgency for definitive guidelines that could shape the future of cryptocurrency markets.
Ripple Calls for SEC Clarity on Digital Asset Classification
Ripple has intensified its push for regulatory clarity, submitting a formal request to the SEC’s crypto Task Force. The move comes as the industry grapples with defining when digital assets transition from securities to non-securities.
The company’s chief legal officer publicly released the letter, which directly addresses Commissioner Hester Peirce’s recent inquiry about the separation of crypto assets from investment contracts. Ripple’s argument leans heavily on established legal frameworks, particularly a 2022 analysis suggesting most fungible tokens traded on secondary markets shouldn’t be classified as securities.
This development marks another chapter in Ripple’s ongoing efforts to shape crypto regulation. The timing is notable, coming amid increased institutional interest in digital assets and growing pressure for clear regulatory guidelines.
XRP Price Prediction For June 2025, Plus New Payment Token Eyeing 5,880% Gains
XRP’s price trajectory for June 2025 remains a topic of debate among analysts, with projections hovering around the $2.50 mark. While some see modest gains, others question whether momentum will sustain at these levels.
Meanwhile, Remittix, a payment-focused token, has emerged as a dark horse in the crypto market. Analysts are projecting a staggering 5,880% upside potential, drawing attention to its fiat off-ramp use cases and growing adoption among traders.
BEST CRYPTO TO BUY NOW: What Makes a Good Crypto in 2025? 6 Things Smart Investors Are Watching
The XRP Ledger (XRPL) is undergoing significant innovation, with Martini Market emerging as the first decentralized prediction market protocol built natively on the platform. This development allows users to speculate on real-world events—from cryptocurrency prices to sports outcomes—with enhanced speed, security, and transparency.
XRPL’s evolution into a competitive DeFi hub is accelerating, bolstered by Ripple’s recent regulatory approval from the Dubai Financial Services Authority (DFSA). This license not only strengthens global confidence in XRPL but also expands its utility and adoption potential.
SEC Initiates Review of First U.S. Spot XRP ETF Proposal
The U.S. Securities and Exchange Commission has begun evaluating the WisdomTree XRP Trust, marking the first formal review of a spot XRP exchange-traded fund. Approval WOULD create a landmark product for crypto exposure through traditional brokerage channels.
Cboe BZX Exchange’s filing proposes tracking XRP’s price via the CME CF Ripple-Dollar Reference Rate, eliminating custody complexities for mainstream investors. The SEC’s 240-day decision window includes public commentary on market manipulation safeguards.
Ripple’s legal chief Stuart Alderoty reinforced the company’s position that XRP shouldn’t be classified as a security, criticizing regulatory ambiguity around decentralization terminology. The outcome may establish precedent for similar crypto ETF structures.