For purposes of this no-action letter, the term “digital asset” refers to an asset that is issued and/or transferred using distributed ledger or blockchain technology, including, but not limited to, socalled “virtual currencies,” “coins,” and “tokens.” A digital asset may or may not meet the definition of a “security” under the federal securities laws. For the purposes of this no-action letter, a digital asset that is not a security is referred to as a “non-security digital asset” and a digital asset that is a security is referred to as a “digital asset security.”
"What we are witnessing, rolling out right in front of our eyes, is the greatest financial paradigm shift that has ever happened in the history of mankind." Brad Kimes.
My Green XRP are tucked away on a hard wallet and won't see the light of day till Bentley time.
The BIG money is starting to flow into this new asset class and I will raise a salute to you, WiseYoda, for being a stalwart voice for the greatest digital asset ever created.... XRP....