David Vance

Security

Coin

<ul class="news-points"> 
 <li><strong>Ripple CTO argues tokens can be securities if they include post-sale obligations.</strong></li> 
 <li><strong>Watchdog Capital CEO said certain futures contracts could transition from securities to commodities.</strong></li> 
 <li><strong>A lawyer emphasizes the constitutional requirement for such a transition.</strong></li> 
</ul> 
<p>Recently, Ripple’s Chief Technology Officer (CTO), David Schwartz, joined a fiery debate within the crypto community regarding the <a href="https://coinedition.com/no-precedent-for-treating-underlying-crypto-asset-as-security-lawyer/">classification of digital tokens as securities</a>, challenging the notion that securities can transform into non-securities over time.</p> 
<p>Schwartz shared his perspective on Twitter, highlighting the distinction between items that inherently fall under the securities category, such as stocks, and those that can be sold using investment contracts, like orange groves.</p> 
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   <p lang="en" dir="ltr">I think we may be conflating two issues. Some things, like stocks, just *are* securities. Other things, like orange groves, aren't but can be offered for sale using an investment contract and that's an offering of a security.<br><br>Something that just is a security can become not a…</p>— David "JoelKatz" Schwartz (@JoelKatz) <a href="https://twitter.com/JoelKatz/status/1671752105852542976?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 22, 2023</a>
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<p>According to Schwartz, for a digital token to be considered a security, it must includ…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/ripple-cto-joins-debate-on-crypto-security-morphing-into-non-security/">Ripple CTO Joins Debate on Crypto Security Morphing into Non-Security</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Ripple CTO Joins Debate on Crypto Security Morphing into Non-Security

Coin Edition

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