Subject: File Number S7-25-20
From: N/A N/A
Affiliation:

Jan. 08, 2021



Hello, 


One of your own speaks directly on this topic.  


Article about it: 
https://medium.com/global-id/episode-01-the-secs-crypto-turf-war-and-why-xrp-isn-t-a-security-c3180d05f2aa 



Or video can be found on youtube in GlobaliD's channel titled, EPISODE 1- The SEC's crypto turf war and why XRP isn't a security.. or click on this link to go to the youtube video: 
https://youtu.be/v2gLHm-4qRM 


I will end with this a partial text from a letter that attorney Jesse R. Hynes already submitted: 


"...SEC should be on the forefront of pressuring Congress to regulate. Congress is the only authority that matters here. Statutory authority is necessary to avoid piecemeal legislation. The SEC should do what it was empowered to do by the Securities and Exchange Act of 1934 - be the voice and protector of investors. You don't do that by making power plays or power grabs. You don't do that by picking and choosing winners by suing one company regarding one digital asset when there are hundreds of others that would fall into the same category. You don't bring forth a reactive lawsuit and then ride away into the sunset saying "good luck future commissioner!" 


All the best and a happy new year. 


Aida