<ul><li>Ripple is urging the SEC to stop applying outdated rules to crypto assets like XRP and is advocating for Congress-led regulation.</li><li>They proposed a 'maturity' test to assess token status, emphasizing that most crypto assets like XRP do not qualify as securities when traded in secondary markets.</li><li>Ripple highlighted Judge Analisa Torres's ruling that XRP is not a secondary market security, urging for legislation reflective of such decisions.</li><li>The company warned against assumptions during token sales and supported a good-faith safe harbor for projects, emphasizing the importance of regulatory clarity for ventures like an XRP-based ETF.</li></ul>

Ripple Urges SEC for Clear Rules on XRP and Token Classification

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