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XRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims

December 28, 2020
in Market
Reading Time: 1min read
Japan’s SBI, Securitize Bringing Security Tokens to Crypto Wallet for Institutions



The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a “cryptocurrency asset” and not a security.



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Tags: AssetClaimsCryptoJapanPartnerRippleSBISecurityXRP
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