The largest after the Bitcoin cryptocurrency Ethereum and Ripple, can be considered unregistered securities in the United States, said former partner of Goldman Sachs and government regulator Gary Gensler. In turn, the head of the Ethereum Foundation, Aya Miyaguchi, convinces that the organization does not control either the offer on the market or the tokens issuing, and has less than one percent of all existing tokens. Ripple spokesman Tom Channik also said that Ripple does not fall under the definition of the stock, as XRP tokens are not shares in Ripple or dividends. The XRP asset exists outside of Ripple.
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