Crypto Rating Council Xrp. The framework provided by the council, while not endorsed by government agencies like the sec or cftc, was designed to help industry participants determine which digital assets will likely be subject to the laws surrounding securities. “when i was at coinbase we organized something called the ‘crypto rating council,’ the point of which was to risk rate these tokens from a securities law perspective and the idea was to be a little bit like a motion picture association where we weren’t saying that pg tokens were better than r rated tokens, but we were saying r rated tokens are riskier.
Securities and exchange commission (sec) and the howey test to come up with a score that. This is the official date. The well regarded crc (crypto rating council) even scored xrp a 4 out of a possible 5.
This is the official date.
The new crypto rating council, led by coinbase and other major exchanges in the united states, have been rating tokens on whether they should be considered securities. Securities and exchange commission (sec) and the howey test to come up with a score that. A score of 4 says it. As of now, the council has rated 20 crypto assets, with the top cryptocurrency by market cap, bitcoin, rated a 1.