According to reports, a bipartisan draft bill in the US Senate has reignited arguments about whether XRP is a commodity or a security. Related Reading: XRP Has Held Its Ground As Most Altcoins Fall, Market Observers Say The Bipartisan Market Structure Draft would divide oversight: the Commodity Futures Trading Commission would police digital commodities like XRP and Bitcoin, while the Securities and Exchange Commission would keep authority over traditional securities. Proponents say the move could remove years of legal uncertainty for many tokens. Durham Study Frames XRP As Commodity Based on reports, academic work from Durham University has entered the debate
source: https://www.newsbtc.com/altcoin/xrp-earns-academic-praise-university-study-calls-it-radical-commodity-money/