The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Binance CEO Defends Ripple, Says XRP Is Not a Security

by Daily Hodl Staff
March 6, 2019
in Altcoins

Binance CEO Changpeng Zhao says he believes XRP is not a security. In a new ask-me-anything on Periscope, Zhao joked about how often he comments on the digital asset and explained why he thinks XRP is in the clear.

“I think if I talk about XRP any more, I’m going to become one of the XRP armies. But I do want to say something. It’s very typical in our society that as soon as there is any accusation against you, you’re assumed guilty by many parties.

I think people are aware that there is a lawsuit against XRP on whether they’re a security asset or not. Our judgment is they’re not, and until proven that they are, we listed them, and luckily we actually dragged other exchanges to list them. That’s a good thing. I think that’s a very positive step towards our society that we don’t just judge.

Just because there’s a lawsuit doesn’t mean they’re guilty. So we apply our judgments there, and we are always very supportive of XRP. There are a lot of guys who complain they’re overly centralized, etc. But look at their market. The markets vote with their feet, as I say, and XRP is one of the largest market-cap coins, and it’s like that for a reason.”

Ripple is accused of selling XRP as an unregistered security. On March 1st, a judge ordered the case to stay in federal court. The decision has the potential to benefit Ripple, as corporate defendants are often perceived to get more favorable judgements in federal court.

If the case is decided in Ripple’s favor, it would also give the company more clout in its efforts to definitively prove that XRP is not a security.

You can watch the full Binance ask-me-anything here.

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • PEPESCAPE Launches Crypto Presale, Combining Memecoin Culture With Decentralized Finance Ecosystem
    July 10, 2025
  • Aptos Labs Expands Leadership With New Chief Business Officer
    July 10, 2025
  • Falcon Finance Unlocks Real-World Asset Utility With First Live USDf Mint Using Tokenized Treasuries
    July 10, 2025
  • MBG Token Pre-Sale Set for July 15 – Only Seven Million Tokens Available at $0.35
    July 10, 2025
  • YZi Labs Invests in Aspecta To Pioneer Universal Price Discovery Infra for Trillion Illiquid Assets
    July 10, 2025
  • NovaEx Launches With a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure
    July 9, 2025
  • Threshold Network’s tBTC Is Now Live on Sui – Ushering In a New Era for Bitcoin DeFi
    July 9, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$116,380.18
$116,380.18
4.7%
Ethereum
$2,966.95
$2,966.95
7.2%
BNB
$685.76
$685.76
2.58%
Solana
$163.66
$163.66
4.09%
XRP
$2.55
$2.55
5.53%

Spotlight

  • Trader Issues Urgent Bitcoin Alert, Says BTC Indicator That’s Predicted Major Crashes Is Flashing Red – Here Are His Targets
    July 3, 2025
  • Standard Chartered Bank Hit With $2,700,000,000 Lawsuit Over Alleged Role in Malaysian Sovereign Wealth Fund Fraud
    July 3, 2025
  • Two Billion-Dollar Banks Suffer Data Breaches – Names, Social Security Numbers and Account Details of 1,890 People Impacted
    July 3, 2025
  • Medicare and Medicaid Data Breach Hits 103,000 Americans As Fraudulent Accounts Opened Using Victims’ Personally Identifiable Information
    July 3, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl