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Ripple says its cryptocurrency XRP is not a security

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The blockchain start-up Ripple's cryptocurrency is not a security, one of its leading operatives explained to CNBC on Wednesday."We definitely are not a security. We don't fulfill the requirements for what a security is depending on the record of court law," Ripple's leading industry strategist, Cory Johnson, informed CNBC in a meeting.The cryptocurrency's value has responded efficiently to rumours that it might be provided to Coinbase but is down over 75 % this season

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