Ripple urges the U.S. Securities and Exchange Commission (SEC) Cryptocurrency Task Force to establish clearer rules for digital assets. In a letter dated January 9, 2026, the company pointed out that current regulations mistakenly conflate assets with their original sale contracts. Ripple criticized the subjective legal standard of "decentralization" and warned that securities laws should regulate legally binding commitments rather than mere price speculation. Ripple emphasized that secondary market transactions (where there is no direct issuer-buyer relationship) should not be considered securities transactions, aligning with recent statements from SEC leadership about developing more pragmatic regulatory measures.