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cryptoxrp

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  1. Yes there is a bill in the making. Expected in the second half of January. It is specifically about XRP. Could not find the recent update. https://www.bitcoininsider.org/article/79433/ripple-and-xrp-mentioned-official-us-bill-proposal https://www.federalregister.gov/documents/2019/12/06/2019-25944/remittance-transfers-under-the-electronic-fund-transfer-act-regulation-e#footnote-21-p67134
  2. Tnx for sharing. Ripple and partners are still working on the network. Looks like most large banks are now 'in some way' connected to Ripplenet. However, what we still need is global regulation (G20 in october) and USA legislation in january 2021... After that there is nothing to stop adoption of XRP by the largest companies in the world. Cross your fingers.
  3. Great post Leonidas. Tnx! Very curious about the XUMM partners for the fiat on/off ramps..... They are doing a great job with a challeging time line. If Wietse and his team can keep the security high and the costs for the PRO version low than XUMM will be used by end-users across the world. The next 9 months will be quite revealing and game changing for the world
  4. True, they all seem happily married together. Point is that they are all connected and playing the game together. Have you seen how Jess Cheng is connected.... The digital Asset Investor just did an interesting video on Jess connections from 2009 onwards.
  5. XRP is more like an alternative currency than a security, argues the former chair of the U.S. Commodity Futures Trading Commission (CFTC). In an op-ed for the International Financial Law Review, Chris Giancarlo, who was chairman of the CFTC until last year, argued Ripple Labs hadn’t violated any U.S. securities regulations and that the third-largest crypto by market cap should have the same legal status as bitcoin or ether. Source: https://www.coindesk.com/ex-cftc-chair-giancarlo-xrp-security , Jun 17, 2020 at 22:30 UTC Updated Jun 18, 2020 at 13:22 UTC
  6. One of Ripple Labs Inc.’s strongest investor and RippleNet users is launching cryptocurrency custody for institutions, and already around 20 banks have shown interest in making use of the solution. Note 1: We are talking Standard Chartered 👍 Note 2: With today's news about financial institutions and banks being allowed to custody and sell crypto currencies & assets the above news falls into place. Source: https://newslogical.com/one-of-ripples-strongest-investor-launch-crypto-custody-for-institutions/
  7. Sam Bankman-Fried, the CEO of cryptocurrency derivatives exchange FTX, has announced the launch of a spot market for XRP in a recent tweet. Source: https://u.today/xrpusd-trading-pair-listed-on-ftx-exchange FTX.US goes live, CEO says the crypto exchange has 'tons of liquidity' to offer. May 22, 2020, 7:00AM EDT https://www.theblockcrypto.com/post/66157/ftx-us-goes-live-ceo-says-the-crypto-exchange-has-tons-of-liquidity-to-offer
  8. Do agree with you that some screens do allready need some 'refurbishment' and be more intuitive. However on the positive side... the small team has come a long way and they have not released version one (v1) yet.... which I understand is expected somewhere at the end of october 2020. Last week I send Wietse some comments on the Send Payment screen ... so if you have some constructive ideas / changes than DM me and I'll send you his email address.
  9. You are right about ODL being 'scaled down' but I question your argument that Ripple has stopped priming the corridors (dumped the treasury transfers) and has left them to grow by themselves. It seems Ripple was not able to 'prime' the larger (treasury) settlements in all ODL corridors in a sustained way and they changed strategy. That is the reason ODL liquidity suddenly went rock-bottom imho... Ripple actually reported the change in strategy 'of going after SME/micro payments first'.... Sam Iam actually made a video about it and presents a reasonable explanation. At present the ODL ch
  10. Tnx! Glad you posted this article as I was in the process of posting it myself. It's a well balanced article with critical notes combined with positive developing upsides. The conclusion is that Ripple @JoelKatzis not doing enough to grow the retail community and still has it's focus on banks and institutions who will probably be using a XRP or XLM stablecoin derivatives while retailers and end-users are much more interested in XRP and XLM. Where Stellar is doing a good job in getting integrated with Samsung smartphones what is Ripple trying to do to compensate this growing competition? T
  11. Most of us follow the Twitter XRP Liquidity Index Bot (https://twitter.com/liquidityb) which gives some insight into the performance of the ODL corridors. I am assuming there are still some more corridors which have not been communicated. At this time the ODL corridors seem to have reached a lower base level which might be consistent with 'clean' ODL corridors (less Ripple involvement). More info on the XRP/THB corridor would be interesting.
  12. In a video stream via YouTube entitled “Q1 2020 Virtual All-Hands Meeting”, Ripple CEO Brad Garlinghouse reported on Ripple’s achievements in the first quarter of 2020. Of particular interest to XRP investors were Garlinghouse’s statements on the adaptation of the XRP based payment platform On-Demand Liquidity. As the CEO of Ripple explained, the company succeeded in signing 28 new production contracts in the first quarter of 2020. "Specific to our On-Demand Liquidity, there’s a 190% increase from Q4 to Q1. We saw some of our big customers, a player in Thailand, go live. That’s driving a
  13. I did some testing today and emailed my findings to Wietse W. One of my issues with this version is that it would be much better if you could see XRP in the default countries fiat value in the 'home screen'. That however would assume a liquid decentralised XRPL exchange. In the very near future version 1.0.0. is to be expected with better security features.
  14. Through a tweet on his official page, Ripple Labs CEO, Brad Garlinghouse called for diversification into other assets especially cryptocurrencies to help counter the growing extreme inflation rate globally. Garlinghouse was responding to a Bloomberg article titled “JPMorgan says Bitcoin just took its first test and got ‘mostly positive’ results.” "The extreme inflation rate in some countries like Venezuela has prompted most of its citizens to turn to cryptocurrencies like Bitcoin as a medium of exchange. However, due to the environmental ills of Bitcoin and Ethereum mining as well as lowe
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