Former SEC attorney responds to public concerns regarding Ripple's "Clarity Act" in an open statement
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CoinWorld reported: According to CoinWorld, former SEC attorney Teresa Goody Guillen publicly supported Ripple's view, stating that the mere "passive economic interest" of holding tokens in anticipation of price appreciation should not itself trigger securities laws, and suggested establishing a new classification of "digital value instruments" for cryptocurrencies that do not fully meet the definitions of securities or commodities.
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