{"id":67454,"date":"2026-01-13T07:31:32","date_gmt":"2026-01-13T07:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=67454"},"modified":"2026-01-13T07:31:32","modified_gmt":"2026-01-13T07:31:32","slug":"ripple-sends-new-letter-to-the-sec-what-it-could-mean-for-xrp","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=67454","title":{"rendered":"Ripple Sends New Letter To The SEC: What It Could Mean For XRP"},"content":{"rendered":"
\n

Ripple has sent a new market-structure letter to the SEC\u2019s Crypto Task Force, urging the agency to draw a hard line between a securities offering and the underlying token that may later trade in secondary markets, a framing that could matter for how XRP (post SEC lawsuit) and other tokens are treated in disclosure and jurisdiction debates.<\/p>\n

In the January 9, 2026 submission<\/a>, signed by Chief Legal Officer Stuart Alderoty, General Counsel Sameer Dhond, and Deputy General Counsel Deborah McCrimmon, Ripple positions its comments as input to ongoing Commission rulemaking or guidance, explicitly tying its argument to parallel legislative efforts on Capitol Hill.<\/p>\n

The company references earlier letters from March 21, 2025 and May 27, 2025, and points to the House\u2019s CLARITY Act of 2025 and Senate discussion drafts as evidence that classification choices will cascade into \u201cjurisdiction, disclosures, and secondary-market treatment.\u201d<\/p>\n

Ripple Presses SEC To Cement XRP\u2019s Post-Lawsuit Status<\/h2>\n

Ripple\u2019s core thesis is that regulators should move away from \u201cdecentralization\u201d as a legal metric because it is \u201cnot a binary state\u201d and creates \u201cintolerable uncertainty,\u201d including both \u201cfalse negative\u201d and \u201cfalse positive\u201d outcomes.<\/p>\n

One of Ripple\u2019s key concerns is that an asset could be treated as stuck in a securities regime simply because an entity still holds inventory or continues contributing to development, a point with obvious parallels to Ripple. The company still holds a large chunk of all XRP in their escrow<\/a> while developer arm RippleX contributes heavily to the development of the XRP Ledger.<\/p>\n

Instead, Ripple pushes the SEC to ground jurisdiction in \u201clegal rights and obligations,\u201d emphasizing enforceable promises rather than market narratives about ongoing efforts. The letter argues that regulatory theories focusing on \u201cefforts of others\u201d risk collapsing the multi-part Howey analysis into a single factor and, in Ripple\u2019s view, sweeping too broadly.<\/p>\n

The most consequential section is Ripple\u2019s argument that the SEC\u2019s jurisdiction should be time-bound to the \u201clifespan of the obligation,\u201d rather than treating the asset as permanently labeled. In a passage that goes directly to secondary-market implications, Ripple writes:<\/p>\n

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\u201cThe Commission\u2019s jurisdiction should track the lifespan of the obligation; regulating the \u2018promise\u2019 while it exists, but liberating the \u2018asset\u2019 once that promise is fulfilled or otherwise ends. The dispositive factor is the holder\u2019s legal rights, not their economic hopes. Without that bright line, the definition of a security, and the SEC\u2019s jurisdictional limits, become amorphous and unbounded.\u201d<\/strong><\/p>\n<\/blockquote>\n

That framing matters for XRP and draws parallels to the SEC lawsuit: whether secondary-market trading of a token can remain subject to securities-law oversight long after any initial distribution, marketing, or development-era statements. Ripple explicitly rejects the idea that active secondary trading is itself a jurisdictional hook, comparing high-velocity crypto markets to spot commodities like gold and silver and even secondary markets for consumer devices.<\/p>\n

Ripple also spends meaningful time on the \u201ccapital raising\u201d boundary, arguing for privity as a bright line that distinguishes primary distributions from exchange trading where counterparties are unknown and the issuer is \u201cmerely as another market actor.\u201d<\/p>\n

In that context, the letter warns that treating every issuer sale as a perpetual capital raise creates \u201cperverse outcomes,\u201d including what it calls a \u201cZombie Promise\u201d and \u201cOperational Paralysis\u201d: language that, while generalized, clearly speaks to concerns around issuer-held token inventories and the compliance burdens that could attach to treasury management and sales practices.<\/p>\n

Separately, Ripple endorses \u201cfit-for purpose\u201d disclosures in cases where securities regulation is actually warranted, rather than forcing \u201cfull corporate registration designed for traditional equity.\u201d For XRP holders<\/a> and market participants, that is a directional signal: Ripple is arguing for a regime where disclosure triggers attach to specific promises or specific forms of ongoing control, not to the token as an object indefinitely.<\/p>\n

The timing is also notable. Ripple dated the letter January 9, 2026, less than a week before a January 15 markup on comprehensive digital-asset market structure legislation<\/a> in the US Senate Banking Committee, an approaching deadline that could shape how classification language, jurisdictional lines, and disclosure concepts harden into legislative text.<\/p>\n

At press time, XRP traded at $2.05.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple has sent a new market-structure letter to the SEC\u2019s Crypto Task Force, urging the agency to draw a hard line between a securities offering and the underlying token that may later trade in secondary markets, a framing that could matter for how XRP (post SEC lawsuit) and other tokens are treated in disclosure and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-67454","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67454"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67454\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}