XRP Listed as Commodity in CFTC Contract Filing Sparks Community Debate

XRP Listed as Commodity in CFTC Contract Filing Sparks Community Debate

CFTC Events Contract describes XRP as crypto asset commodity for derivatives Filing enables 20-minute and 2-hour price speculation swaps launched Feb 14 Document doesn’t constitute official CFTC classification or regulatory status A CFTC filing has described XRP as a “crypto asset commodity” within an Events Contract product, generating discussion within the XRP community about the token’s regulatory classification. Community figure Xaif highlig…

XRP Listed as Commodity in CFTC Filing, But Status Remains Unclear - Blockonomi

TLDR A CFTC filing from Crypto.com described XRP as a crypto asset commodity. The filing was part of an application to certify an XRP Event Contract. The product allows short-term price speculation over 20 minutes or two hours. The CFTC has not officially confirmed XRP’s status as a commodity. The SEC lawsuit against Ripple ended with a ruling that XRP is not a security. A new filing has fueled fresh discussion over XRP’s classification after a…