https://t.me/Cronos_Cardano_Ripple

2022-11-26 15:16:02 ‘SEC’s Lawsuit Is Not Limited to Ripple Sales,’ Says John Deaton

Crypto Law Founder, John Deaton, in a recent post on Twitter, shared some facts about Ripple (XRP). Deaton claims that XRP has been one of the largest cryptos as it has stood the test of time. Per Deaton’s survey, the altcoin has been one of the top ten cryptos for a decade.

Deaton further went on to add that the U.S. Securities and Exchange Commission’s (SEC) lawsuit is just not limited to the sales of Ripple. He added, that as per SEC, every sale of XRP no matter who sells it, is considered a security. Kraken Exchange, and others to delist XRP from their exchanges. However, even after all going south for XRP, the altcoin has managed.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-26 10:50:15 Crypto Cup Kickoff: Predict Your World Cup Winner to Share the 500,000 $USDT Prize Pool!

Bybit is giving you a golden opportunity to earn a share of our 500,000 $USDT prize pool when you correctly predict the winners of each stage of the FIFA World Cup 2022!

In addition, Bybit has 0 fees on all Spot pairs, Copy Trading and Trading Bots.

Find Out More Open / Comment

2022-11-25 16:24:02 Ripple CTO Says One Important Lesson From FTX Meltdown 'Will Not Be Learned'

A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t either.”

The CTO of Ripple Labs, David Schwartz, shared his thoughts on the collapse of cryptocurrency exchange FTX in a series of tweets Monday. FTX filed for Chapter 11 bankruptcy on Nov. 11. That is one of the most important lessons of FTX. But most people will actively choose not to learn this lesson because of, among other things, the elephant in the room.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-24 19:26:02 Bank of America To Partner With Ripple for ODL Services After XRP Lawsuit Finishes

Bank of America is reportedly waiting for the end of the U.S. Securities and Exchange Commission (SEC) court case against Ripple to join forces with the San Francisco-based payments company.Ripple Labs announced record growth of their ODL products despite the SEC lawsuit alleging that XRP is a security.

At Ripple Swell 2022 in London, Ripple Labs CEO Brad Garlinghouse reportedly told Linqto Director of Member Sales Nick Burrafato that Bank of America is waiting for the court case to settle before using Ripple’s on-demand liquidity (ODL) products. Ripple Labs also named Bank of America as a key member of its global payments network.Said Julie Harris, Bank of America’s head of global banking at the time.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-20 09:58:02 Cardano to Get First USD-Backed Stablecoin by 2023, With New Privacy Blockchain and Token

Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the proof-of-stake network in the first quarter of 2023. The US Dollar will fully back the stablecoin to ensure that it provides long-term price stability.

EMURGO said it has a partnership with an unnamed regulated financial services company in the US that will act as the custodian for cash deposits. It also noted that USDA would be the first product coming from its new suite, Anzen. This suite will focus on connecting traditional financial services to crypto. users can tokenize their dollars and use them on the Cardano blockchain network.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-19 08:07:02 Cardano developer Emurgo to issue fiat-pegged stablecoin called USDA

Cardano developer Emurgo announced plans to issue a U.S. dollar-pegged stablecoin called USDA on the network in early 2023. The Cardano developer also revealed that USDA will be the first delivery from its Anzens product market line. Anzens is the Cardano developer’s financial services product, created to bridge crypto and real-world finance.

Stablecoins have become an integral part of the crypto trading and credit ecosystem. Major Layer 1 networks including Ethereum, BNB Chain and Solana have stablecoins. These stablecoins facilitate activities like trading, borrowing, lending and staking, among others. Such stable currencies offer a means of transferring value between the crypto and broader financial markets. They also help users store value, as crypto tokens tend to have volatile price movements.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-18 22:00:54 Ripple CEO Predicts Crypto Industry Will Become Stronger Because of Current Crisis

In a recent tweet, Ripple CEO Brad Garlinghouse predicted that the cryptocurrency industry might come out stronger from the ongoing crisis. For this to happen, the industry has to remain focused on transparency and trust. Garlinghouse is convinced that Ripple will continue to lead Europe in this regard.

During Ripple's annual Swell conference, the executive touched upon crypto utility, macroeconomic factors affecting the industry, and other pertinent issues. Garlinghouse also touted some of Ripple’s key achievements over the past year. For instance, the RippleNet network, which connects financial institutions around the globe, has already crossed $30 billion in payments, which includes both fiat and crypto.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-17 22:57:02 Ripple Urges UK to Craft ‘Bespoke Regulatory Framework’ for Crypto

Ripple is hoping to make inroads with politicians in the UK amid its ongoing dispute with the SEC in the United States.The firm has issued a new regulatory whitepaper ahead of expected revisions to the UK’s Financial Markets and Services Bill, which is set to define the nation’s crypto regulation framework.

That bill was first introduced to British Parliament on July 20, 2022, which then voted earlier in October to add additional elements governing crypto regulation. The core of Ripple’s recommendations center around finalizing “a clear regulatory framework that distinguishes between different types of crypto asset activity,” as led by their respective risk profiles, which Ripple argues can vary widely.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-16 09:47:02 Ripple publishes proposed guidelines for UK regulators

Ripple, the company running a B2B blockchain payment system that uses XRP to facilitate cross-border payments, has released a "regulatory white paper" with recommendations for UK policymakers and regulators drafting laws on crypto policy. The report’s recommendations draw inspiration from other jurisdictions — such as Dubai, Singapore and the EU.

The regulatory paper is published in the midst of a downward spiral for the crypto industry following the shocking meltdown of the second-largest exchange, FTX. Leaked reports that came out earlier in November about the mishandling of the exchange’s funds led to a domino of events that have left millions of users devoid of their funds. For Friedman, this underscores the urgency to push for regulation.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-11-15 20:03:02 Ripple v. SEC: Fund Flows into XRP Signal Change in Investors' Mood

The sentiment of investors who sent more than $1 million into XRP-oriented investment products the week before last has changed significantly by now. According to CoinShares' weekly fund flow report, there have been no inflows into the same products in the past week. At the same time, no outflows have been noticed either.

Such dynamics could characterize investor sentiment as mixed. On the one hand, there is still some confidence that the outcome of the litigation between Ripple and the SEC will be decided in favor of the crypto sector and, especially, XRP. On the other hand, during this period, another crypto company, LBRY, failed in its fight against the regulator, when the LBC token and its sale were recognized as transactions in unregistered securities.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment