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K41105

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  1. Thanks
    K41105 got a reaction from GiddyUp in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Meanwhile, if somebody missed the AD in the Wall Street Journal. 
     

  2. Thanks
    K41105 got a reaction from WillGetThere in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Meanwhile, if somebody missed the AD in the Wall Street Journal. 
     

  3. Like
    K41105 got a reaction from Finesse in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Meanwhile, if somebody missed the AD in the Wall Street Journal. 
     

  4. Like
    K41105 got a reaction from Karl in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  5. Like
    K41105 got a reaction from GiddyUp in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  6. Thanks
    K41105 got a reaction from hallwaymonitor in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  7. Like
    K41105 got a reaction from susli in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  8. Thanks
    K41105 got a reaction from jlr in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  9. Like
    K41105 got a reaction from Viggo in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  10. Thanks
    K41105 got a reaction from robertbruce in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  11. Like
    K41105 got a reaction from Duke67 in Ripple CEO writes open letter to Congress over regulatory uncertainty   
    Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
    In their letter issued Sunday, Garlinghouse and Larsen say, without regulatory clarity, there is a risk to innovation, tax revenue, and jobs that blockchain technology has to offer.
    https://www.ripple.com/insights/open-letter-to-congress/
    “We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly,” they write. The executives also seek classification of digital currencies that recognizes their fundamental differences and not paint them “with a broad brush.”
    Garlinghouse and Larsen believe that cryptocurrencies have the opportunity to “complement” fiat currencies like the U.S. dollar and “not replace them,” and that the U.S. has the chance to lead in the space.
    The open letter comes on the heels of a hearing by the Senate Banking Committee on regulatory frameworks for cryptocurrencies and blockchain technology, which is scheduled to take place on July 30, and will be live-streamed here:
    https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
    (Source: theblockcrypto.com)
  12. Haha
    K41105 reacted to LiquidGoat in recent swift experience   
    Would it have been faster to put your money in a suitcase and fly it there?
  13. Like
    K41105 reacted to Xrylite in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    It may just be initial reaction to the quote snippets provided, but I don't really like the "unified" term. It sounds like they have a negative connotation to crypto as a whole, which suggests they don't understand it well enough. Yes, crypto can be used for illicit things, but so can money, gift cards, physical goods, or whatever else is a barter-able commodity.
    If anything, they should be more concerned by privacy-driven crypto if the whole KYC is the main concern.
  14. Like
    K41105 reacted to Zedy44 in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Been saying it for almost a year now...nothing going to happen large-scale until regulators and especially tax issues are resolved.  Between the SEC and IRS some serious clarity must be given in regards to utility and taxation of the asset for micro-payments and cross-boarder transactions.  I think it's coming very soon (before start of 2019 tax season / end of year).
    Also, I think is long overdue information on the US side of things and most likely FB's Libra announcement is forcing acknowledgment a bit sooner and maybe a little more comprehensively than previously planned by most of this US entities.  The government doesn't want 200+ million people in the dark about digital asset regulation if FB decides to flip the Libra switch earlier than planned (the IRS especially).
  15. Like
    K41105 got a reaction from Zedy44 in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Treasury Secretary Steven Mnuchin says U.S. regulators are likely to issue new rules on cryptocurrencies to ensure that they don’t negatively impact the financial system.
    After staying mostly quiet on the issue for more than two years, the Trump administration has been raising alarm over potential risks associated with virtual money since Facebook Inc. announced plans for a digital token last month. Mnuchin on Wednesday repeated concerns that Bitcoin is being used for criminal activity and pledged that financial regulators would work together on the issue.
    “We’re looking at all of the crypto assets," Mnuchin said in a CNBC television interview. "We’re going to make sure we have a unified approach and my guess is that there are going to be more regulations that come out from all these agencies.”
    At least a half dozen U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed some turf.
    -BLOOMBERG
    https://streamable.com/yuswc
     
  16. Thanks
    K41105 got a reaction from JannaOneTrick in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Treasury Secretary Steven Mnuchin says U.S. regulators are likely to issue new rules on cryptocurrencies to ensure that they don’t negatively impact the financial system.
    After staying mostly quiet on the issue for more than two years, the Trump administration has been raising alarm over potential risks associated with virtual money since Facebook Inc. announced plans for a digital token last month. Mnuchin on Wednesday repeated concerns that Bitcoin is being used for criminal activity and pledged that financial regulators would work together on the issue.
    “We’re looking at all of the crypto assets," Mnuchin said in a CNBC television interview. "We’re going to make sure we have a unified approach and my guess is that there are going to be more regulations that come out from all these agencies.”
    At least a half dozen U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed some turf.
    -BLOOMBERG
    https://streamable.com/yuswc
     
  17. Like
    K41105 got a reaction from Spartaksus in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Treasury Secretary Steven Mnuchin says U.S. regulators are likely to issue new rules on cryptocurrencies to ensure that they don’t negatively impact the financial system.
    After staying mostly quiet on the issue for more than two years, the Trump administration has been raising alarm over potential risks associated with virtual money since Facebook Inc. announced plans for a digital token last month. Mnuchin on Wednesday repeated concerns that Bitcoin is being used for criminal activity and pledged that financial regulators would work together on the issue.
    “We’re looking at all of the crypto assets," Mnuchin said in a CNBC television interview. "We’re going to make sure we have a unified approach and my guess is that there are going to be more regulations that come out from all these agencies.”
    At least a half dozen U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed some turf.
    -BLOOMBERG
    https://streamable.com/yuswc
     
  18. Thanks
    K41105 got a reaction from VanGogh in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Treasury Secretary Steven Mnuchin says U.S. regulators are likely to issue new rules on cryptocurrencies to ensure that they don’t negatively impact the financial system.
    After staying mostly quiet on the issue for more than two years, the Trump administration has been raising alarm over potential risks associated with virtual money since Facebook Inc. announced plans for a digital token last month. Mnuchin on Wednesday repeated concerns that Bitcoin is being used for criminal activity and pledged that financial regulators would work together on the issue.
    “We’re looking at all of the crypto assets," Mnuchin said in a CNBC television interview. "We’re going to make sure we have a unified approach and my guess is that there are going to be more regulations that come out from all these agencies.”
    At least a half dozen U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed some turf.
    -BLOOMBERG
    https://streamable.com/yuswc
     
  19. Thanks
    K41105 reacted to JannaOneTrick in Q2 2019 XRP Markets Report   
    Q2 2019 XRP Markets Report
    24th July 2019
     
    Q1 escrow: 2.30 billion XRP were returned to escrow.
    Q2 escrow: 2.10 billion returned to escrow.
    xRapid transactions increased 170% from Q1 to Q2.
    Ripple had a 30% increase in the number of live xRapid partners in Q2.
    Ripple decided to pull back from providing XRP over-the-counter at scale toward the end of Q2, in light of the OTC desks’ ability to source institutional demand for XRP in the open markets. Going forward, Ripple plans to focus institutional sales on markets where the on-exchange liquidity for XRP is insufficient to meet institutional demand.
     
    https://www.ripple.com/insights/q2-2019-xrp-markets-report/
  20. Like
    K41105 reacted to XRPboi in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Less talk, more action
  21. Like
    K41105 got a reaction from XRPboi in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Treasury Secretary Steven Mnuchin says U.S. regulators are likely to issue new rules on cryptocurrencies to ensure that they don’t negatively impact the financial system.
    After staying mostly quiet on the issue for more than two years, the Trump administration has been raising alarm over potential risks associated with virtual money since Facebook Inc. announced plans for a digital token last month. Mnuchin on Wednesday repeated concerns that Bitcoin is being used for criminal activity and pledged that financial regulators would work together on the issue.
    “We’re looking at all of the crypto assets," Mnuchin said in a CNBC television interview. "We’re going to make sure we have a unified approach and my guess is that there are going to be more regulations that come out from all these agencies.”
    At least a half dozen U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed some turf.
    -BLOOMBERG
    https://streamable.com/yuswc
     
  22. Like
    K41105 got a reaction from automatic in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Treasury Secretary Steven Mnuchin says U.S. regulators are likely to issue new rules on cryptocurrencies to ensure that they don’t negatively impact the financial system.
    After staying mostly quiet on the issue for more than two years, the Trump administration has been raising alarm over potential risks associated with virtual money since Facebook Inc. announced plans for a digital token last month. Mnuchin on Wednesday repeated concerns that Bitcoin is being used for criminal activity and pledged that financial regulators would work together on the issue.
    “We’re looking at all of the crypto assets," Mnuchin said in a CNBC television interview. "We’re going to make sure we have a unified approach and my guess is that there are going to be more regulations that come out from all these agencies.”
    At least a half dozen U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed some turf.
    -BLOOMBERG
    https://streamable.com/yuswc
     
  23. Like
    K41105 got a reaction from djdhrubs in New Crypto Rules Likely Coming From U.S. Agencies, Mnuchin Says   
    Treasury Secretary Steven Mnuchin says U.S. regulators are likely to issue new rules on cryptocurrencies to ensure that they don’t negatively impact the financial system.
    After staying mostly quiet on the issue for more than two years, the Trump administration has been raising alarm over potential risks associated with virtual money since Facebook Inc. announced plans for a digital token last month. Mnuchin on Wednesday repeated concerns that Bitcoin is being used for criminal activity and pledged that financial regulators would work together on the issue.
    “We’re looking at all of the crypto assets," Mnuchin said in a CNBC television interview. "We’re going to make sure we have a unified approach and my guess is that there are going to be more regulations that come out from all these agencies.”
    At least a half dozen U.S. regulators including the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed some turf.
    -BLOOMBERG
    https://streamable.com/yuswc
     
  24. Like
    K41105 got a reaction from quetzalcoatl in Brad Garlinghouse at Bloomberg (BoA patent & NDA) - 22/07/2019   
    That beardless picture from him, tho. 
  25. Like
    K41105 reacted to WarChest in I'm out.   
    I am NOT a financial adviser....I have been looking at all sorts of crypto and stock investments over the last say 3 years and read lots of trading message boards and one of the lessons that I have taken is that if I get to the stage that you are at with XRP, and your angst with it, it is best to cut your losses and invest in something else and not look back.
    Everyone appears to have their own limits of patience and appetite to risk.
     
     
     
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