Ripple challenges SEC’s stance on digital assets in a new letter citing case law and legal scholarship.
The letter proposes a legal framework for when tokens separate from investment contracts.
Ripple urges clarity through law, not enforcement, and supports a safe harbor to protect innovation.
Ripple submitted a letter addressing whether a digital asset separates from an investment contract, citing legal scholar Lewis Cohen's study and Judge Analisa Torres's decision in SEC v. Ripple Labs.