XRP is NOT a Security. Jake Claver, recorded May 2026.
More on this subject: jakeclaver.com.
What this recording covers
Claver outlines why pending federal legislation such as the Clarity Act is unnecessary for establishing regulatory standing for XRP. He explains that the asset has already received definitive regulatory classifications across multiple supervisory bodies and international trading platforms. Financial regulatory agencies, including the Financial Crimes Enforcement Network, have previously recognized it as a currency, while international commodity regulators treat it as a commodity. Furthermore, established legal frameworks provide clear guidance regarding tax treatment and commercial implementation for institutional counterparties. Because legal parameters and compliance standards are already well defined, institutions have the regulatory certainty required to integrate the asset into operational workflows. Claver notes that while the broader digital asset sector still requires comprehensive legislative clarity from Congress, XRP already operates within existing legal and operational frameworks.
Where this fits
This page hosts a recorded video and a short summary of what it covers. It is general information, not investment, tax, or legal advice, and not a recommendation to buy or sell any asset or to form any entity. Rules change and older recordings may describe a position that has since moved. Speak to a qualified professional before acting.