Morning Edition · Wednesday, October 21, 2026Published at 1:37 AM EDT · New York
Ripple's 20-page letter supports the Securities and Exchange Commission's power to adopt the rule but asks the agency to judge when a token stops being a security by what its issuer promised, not by a general decentralization test.

The official 60-day comment period for the Securities and Exchange Commission's (SEC) proposed Regulation Crypto Assets closed on October 20. The proposal sets out registration exemptions and a safe harbor for tokens sold as investment cont…
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Crypto Market-Structure Bill Stalls in the Senate
Ethics disputes over the president's personal crypto ventures keep displacing the substance of United States market-structure legislation, leaving digital-asset rules dependent on agency discretion rather than statute.
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