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The post VC Jason Calacanis Calls XRP a Security appeared first on Coinpedia Fintech News
Entrepreneur and venture capitalist Jason Calacanis have stated on Twitter that XRP, the digital currency associated with Ripple, is “obviously a security.” Calacanis criticized Ripple for not registering XRP as a security and claimed that the process was straightforward and followed by other players in the industry. This adds to Ripple’s ongoing legal battle with the SEC, which has accused the company of conducting an unregistered securities offering through the sale of XRP.
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