UK FCA Hints At XRP Potentially Being An Exchange Utility Token Hybrid, Non Security

As the cryptocurrency space continues to expand, regulators are also expanding their powers and beginning to crack down. Many regulators are starting to understand the widespread adoption that’s occurring in cryptocurrency and Blockchain. Along with companies such as Samsung expanding into the crypto space, we are also aware of Facebook’s plan to introduce cryptocurrency to 1+ billion users globally. When any sort of technology evolves to the masses, the regulatory industry will surely be involved.