The UK Treasury Sees XRP as a Non-Security

The Treasury of the United Kingdom issued a report related to cryptocurrencies. There XRP is considered to be non-security. The script categorizes XRP, Ether, and BTC as forms of exchange. Not being either electronic money or security assets, they are not regulated.

Her Majesty's Treasury cited the concept of crypto assets the UK financial body gave in 2019. It says security assets are particular types of investments, such as shares or debt instruments.

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The UK Treasury Sees XRP as a Non-Security