Why Is Xrp Not Available For New York Residents?

The US doesn’t have domestic legislation to run checks on cryptos. The government can require crypto companies to hand out regular accounting and disclosure reports, but not the internal workings of the currency itself (it’s governed by different laws). There are 2 companies registered in New York: Ripple and XRP II.

The ripple company does offer xrp for sale for new york residents though. You can read more about that here: https://ripple.com/xrp-for-new-york-residents/

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