Ripple wants global regulators to provide clear regulatory guidance for digital assets

In a new blog post, Ripple refers to a previously published document by the Financial Conduct Authority (FCA) that classifies XRP as a transaction token, not a security. Ripple called on the United States and other countries to take the lead in providing clear regulatory guidance to businesses. Ripple said that there are many other countries in the world that are technically friendly to blockchain, including Switzerland, Abu Dhabi, Thailand and Singapore, and many other countries that may get important tips and learn from the FCA.