The ongoing debate between the XRP and Bitcoin communities has intensified as discussions about including assets in the proposed US strategic crypto reserve take place. Technology entrepreneur Jason Calacanis criticized XRP, stating that it is a centrally controlled security and questioned its legitimacy as a decentralized asset. He warned that treating XRP like Bitcoin could lead to chaos in the markets and potentially harm the stability and controlled nature of the US market. However, his comments have received criticism, with some arguing that XRP does not meet the legal requirements to be classified as an investment contract. The future of XRP in the US crypto scene remains uncertain as regulatory classification and potential inclusion in national crypto reserves continue to be discussed.
Content Editor ( coinpedia.org )
- 2025-02-17
Attorney John Deaton Defends XRP Against Claims of Being a ‘Centrally Controlled Security’
