RE: Does Fincen-Agreement really make sure XRP is not a security???

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Does Fincen-Agreement really make sure XRP is not a security???

in xrp •  6 years ago 

So what difference does it make if it’s a security or not? Does that affect how it gets taxed? Or does it become more like a stock?

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6 years ago by

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      ·  6 years ago 

    I guess it will make a difference for sure. Maybe it has to do with tax rates or more rights for holders. But I have admit that I dont know. I would have to dive deep into this matter but those laws and rulings are quite difficult to read for a somebody whos mother language is not English. But maybe I will check this out eventualle, because I want to know myself.

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