Ripple / XRP - the Answer to SEC & IRS's Tight Grip on Crypto?
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JUST IN: 🇺🇸 US Congressman Tom Emmer says SEC Chair Gary Gensler is as ineffective as he is incompetent.
— Watcher.Guru (@WatcherGuru) November 8, 2023
pic.twitter.com/6EDvRdOfCh
Introducing Ripple Payments—the next evolution of Ripple’s payments product delivering a licensed end-to-end solution for FIs and SMEs with 70+ payout markets, expanded crypto liquidity options, integration with the XRP Ledger DEX, and much more.https://t.co/khOxtCnXin
— Ripple (@Ripple) November 8, 2023
So what is Ripple Payments, and what makes it new? An initial look at the pieces we have so far. More assuredly revealed by the end of Swell. Will #XRP still be used? By all means add to the list, but please cite sources.
— WrathofKahneman (@WKahneman) November 8, 2023
What we know, a 🧵/12https://t.co/sqHYMgrKx3
For me, the biggest takeaway from this announcement is the XRPL DEX integration. Especially once the AMM is enabled, this will directly contribute to the DEX volume and revenue for liquidity providers. Ripple could even become a LP themselves for bigger efficiency. https://t.co/lBuRnL1Ew5
— Panos 🔼{X} (@panosmek) November 8, 2023
Exciting news that Ripple will be leveraging the XRPL DEX for cross-border payments. This project has been a main focus of mine this year and I’m hoping to share more technical details in the future about why the XRPL DEX is an awesome fit for ODL. https://t.co/h0k2sm6wlu
— Neil Hartner (@illneil) November 8, 2023
We’re proud to announce that our partner @Onafriq will utilize Ripple Payments, our crypto-enabled payments technology, to open up three new payments corridors between Africa and the rest of the world. 🌍
— Ripple (@Ripple) November 8, 2023
Learn more: https://t.co/FU0pjHuqIA
Crypto utility starts with payments, and for the last decade, Ripple’s focused on key components of infrastructure (liquidity, off ramps, tokenization, custody, & compliance) required for enterprise-grade payments. Today, we’re unveiling an end-to-end solution for just that. 1/3 https://t.co/nh0Bu6ESPq
— Monica Long (@MonicaLongSF) November 8, 2023
The latest report indicating Gary Gensler's @SECGov coordinated with an AI platform to develop its disastrous climate disclosure rule that would financially benefit that firm is a a gross conflict of interest.https://t.co/g6g1jvLwzU
— Financial Services GOP (@FinancialCmte) November 7, 2023
🚨NEW: @SenTedBuddNC introduced the Senate version of @WarrenDavidson’s Keep Your Coins Act.
— Taylor Barr (@taylorjbarr) November 7, 2023
The bill ensures the option to self custody is not infringed.
Specifically, it prohibits Federal agencies from restricting the use of convertible virtual currency by a person to…
Central Bank Digital Currencies should never be designed, developed, or established.
— Warren Davidson 🇺🇸 (@WarrenDavidson) November 8, 2023
It’s like building the Death Star and saying you won’t turn it on.
Today I offered an amendment to stop the creation of #CBDCs. pic.twitter.com/cltTqMZdf0
#ripple #XRP Fam Fintech DC 23 @BrianBrooksUS on Crypto adoption “Crypto is the CD player, yes your cassette tapes are super awesome but just get over it.” 😂 pic.twitter.com/TkH5jHlBxh
— 801_XRP (@801_XRP) November 7, 2023
🚀 Discover how we define the sweet spot between payments and digital cash.
— Xumm Wallet 🪝 (@XummWallet) November 6, 2023
Imagine a world where payments are effortless, enabling new payment types & business models 💱.
🌎 Embrace ownership & endless possibilities.
Ready for a glimpse of tomorrow? https://t.co/EsigD7CjCL
Remarkably, Gensler suggested that a crypto project retaining a lawyer is a security. That’s wrong as a matter of law, not to mention common sense. And it’s a not so subtle and outrageous threat to everyone’s right to consult with counsel. https://t.co/QF1D3T7fmE
— Stuart Alderoty (@s_alderoty) November 6, 2023
I was in a small argument with my wife last night, which means, I am thinking about "damages" this morning. For me, that is an examination of different restaurants to take her.
— Jeremy Hogan (@attorneyjeremy1) November 5, 2023
For Ripple and the SEC, things are a little more complex.
A small thread if you are interested.
1/ https://t.co/nETbTERVvP