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VanGogh

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  1. Credit to Bank XRP https://www.bloomberg.com/news/articles/2021-01-15/cryptocurrencies-face-greater-oversight-under-gensler-led-sec?utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&cmpid=socialflow-twitter-business&utm_content=business "He has also long railed against illegal offerings of securities, which the SEC has been actively pursuing. In December, the agency filed a lawsuit against Ripple Labs Inc. for issuing more than $1 billion in unregistered tokens XRP. In a 2019 keynote at Harvard Law School, Gensler said “I don’t think the SEC is goin
  2. “Last year, Bangladesh remittances reached an all-time high of 18.2 billion U.S. dollars with the majority of these remittances coming from Malaysia, Middle Eastern countries and the U.S.,” said Mutual Bank CEO Syed Mahbubur Rahman. The partners do not seem deterred by Ripple’s legal troubles in the U.S. The company is being sued by the U.S. Securities and Exchange Commission over the claim it violated federal securities laws by selling the XRP (-6.22%) cryptocurrency to retail consumers.
  3. https://www.cnbc.com/2021/01/12/visa-abandons-takeover-of-plaid-after-doj-raises-antitrust-concerns.html ..."Visa has ended its takeover efforts of Silicon Valley start-up Plaid about two months after the Department of Justice filed an antitrust lawsuit on grounds that it would limit competition in the payments industry." Here's an older article when Visa first started to acquire Plaid and how it applies to Ripple: https://cryptodaily.co.uk/2020/01/visa-throws-down-gauntlet-to-stellar-ripple "Ripple, Stellar and Visa Duke It Out As of now, the demand for international rapid
  4. https://gatehub.net/blog/announcement-to-xrp-holders/ We have carefully reviewed the complaint that the SEC filed in federal district court in New York alleging Ripple’s XRP should have been registered as a “security” upon its creation in 2012, more than eight years ago, and charging that Ripple and its senior managers later engaged in market manipulation and self-dealing. See reference here. Please be advised that GateHub Ltd. will continue listing XRP until the SEC’s complaint against Ripple is adjudicated and a final decision entered that XRP is properly classified as a “security,
  5. https://www.coindesk.com/brian-brooks-crypto-friendly-bank-regulator-expected-to-step-down-this-week-report "The acting head of the U.S. federal banking regulator is reportedly stepping down this week. Brian Brooks, who is currently leading the U.S. Office of the Comptroller of the Currency (OCC), will leave the federal agency within the next few days, Politico’s Victoria Guida reported Tuesday. In an email, OCC Deputy Comptroller for Public Affairs Bryan Hubbard “refused to confirm such rumors.”"
  6. It appears like the made a mistake on this one and do not wish to be part of it.
  7. I did not check if you had to have your xrp on the Bitrue exchange in order to now sell your flare as an IOU. However, the following is from Bitrue. "First of all, we launched trading for Spark FLR (IOU). You're all probably familiar with the Spark coin already, but if not then this is the coin coming from Flare Networks that is being sent out based on your prior XRP holdings. While the first official FLR distribution isn't happening until around April 2021, we at Bitrue are giving you an IOU form of FLR in advance so that you can start trading immediately. First day trading for FLR
  8. Or just to expand the market for Flare, because it wants to be bigger and better than ETH. This is a great market outreach. It will be good for XRP too.
  9. This brings great attention to the flare tech. Flare is currently trading at .17 on Bitrue. Takes a lot of the sting out of the xrp price drop from the SEC lawsuit if you add that Flare value to your xrp.
  10. I like the sound of that! Derivatives with xrp would be spectacular.
  11. ....“I think that’s not only a problem with respect to digital assets, it’s actually a broader problem because we have this very open-ended category called an ‘investment contract. So something might be characterized as one thing by another agency, yet still be a security under our rules, and that can be frustrating for people.” Read Also: Stern XRP Investor Moved a Huge Part of His XRP Holdings into Cardano (ADA) “That’s why I have called for more clarity, because I actually think it can be difficult to determine whether something fits within the security bucket or not, and we could
  12. This is true; however, given that they have made concessions and paid fines and have already been defined as a currency by two other US regulators and have made multiple attempts over many years to work with the SEC it seems hard for Ripple to "overreach" at this point. They changed the entire direction of their company and mission based on the prior concessions.
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