The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a "cryptocurrency asset" and not a security.
from CoinDesk https://ift.tt/38Mi8Hg
XRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims
December 28, 2020 / in CoinDesk, Coins Feeds / with No comments /
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