Ripple Backs SEC's Proposed Crypto Asset Rules

Ripple Labs filed a comment letter with the SEC on Oct. 20, 2026, backing the agency's proposed Regulation Crypto Assets (File No. S7⁠–⁠2026⁠–⁠27). The company says it fully supports the effort and urges the commission to adopt it as a final rule.

Details

The letter, addressed to SEC Secretary Vanessa Countryman, is posted on Ripple's site. Ripple endorses three principles it sees in the proposal. First, an investment contract involving a crypto asset does not turn the asset itself into a security; in the letter's words, it is the contract that is the security. Second, promises can end, so an asset is not tied to a contract indefinitely. Third, whether a contract exists, and whether it has ended, depends on the issuer's own representations rather than a general market view of decentralization.

Ripple also argues the SEC has the authority to adopt a class-wide framework instead of granting relief one applicant at a time. It asks for protections against trading restrictions, relief for dealers from state registration, and prospective-only application of SEC determinations, according to Bitcoin.com.

The SEC issued the proposal on Aug. 18, 2026; comments are collected on the S7⁠–⁠2026⁠–⁠27 docket. We previously reported that the rule drew about 140 comment letters.

What this means for the market

A large issuer with a years-long history of disputes with the SEC is backing the shift from case-by-case enforcement to written rules, a sign of broad industry support. The final text is up to the commission, and no adoption date has been announced. See the XRP page for the token, and the daily brief for current prices.