Definition ∞ XRP commodity refers to the classification of the digital asset XRP as a commodity rather than a security by regulatory bodies or courts. This designation impacts how XRP is regulated, traded, and offered to the public. A commodity classification typically implies different legal obligations compared to a security, particularly concerning disclosure and registration requirements.
Context ∞ The debate surrounding XRP’s classification has been a central point of legal and market discussion, particularly in the United States. News coverage often focuses on judicial rulings or regulatory statements that clarify its status. This determination holds considerable weight for XRP’s market perception and its operational use within financial institutions, influencing its utility and adoption.
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