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Hello all, I mentioned in another thread that given I work for BofA I have the fortunate luxury in accessing our research team's material on pretty much everything. More recently, BofA have created a series labelled "Digital Money Series" which largely focus on Fintech in particular how it can disrupt existing business or general status quo. Before I share anything, the research team is independent to the general enterprise of the company so anything that is mentioned in the research is likely to have little influence. It's more for information catered towards clients to become more educated (at least that's how I see it). The following points do not mention Ripple or XRP explicitly or contain information to alter your investment decisions. Like I said, this is purely informational. Do not take this as investment advice whatsoever. So far there are six issues, i'll be making a post of each issue. Digital money series #1: how did we get here? There is a real chance that 2021 sees the launch of a central bank digital currency (“CBDC”) from a developed economy. This would represent a radical change to money, banking and commerce. There seems to be growing support for a retail CBDC from central banks and regulators. The EU has set out an increasingly detailed timetable for a CBDC – feedback process ending in January 2021, decision on whether to conduct a full trial by mid 21 – and accompanied this with increasingly positive reports on the topic. The UK’s Bank of England has also published some fairly upbeat commentary about CBDC, seemingly embracing the radical reshaping of finance this could bring about. The list of positive central bank commentary has recently been swelled by ECB and BofE. The ECB seems to like a CBDC because it is worried about: 1. continually declining use of cash – something COVID has hastened, 2. private sector digital currencies such as Diem (aka Libra) and 3. The risk of the Euro being supplanted by CBDCs from third countries (especially China). CBDC seems to us to be highly likely to undermine existing retail banking franchises without generating any obvious offsets. So, should a digital Euro happen, we think that it would be negative for retail-focused European banks. Policy formation is a process, and there are many stages to go between where we are today (“we’re looking into it”) and issuing a CBDC (“we’re doing it”). However, we’ve been struck by the tone of the ECB, which has been becoming increasingly positive, we think. “Here” is a place where the ECB is in the midst of a “public consultation to seek feedback from people across Europe [about CBDC] and gain a better understanding of their needs. It will be completed in January, and the results will be published once they have been analysed.” This is according to ECB Executive Board member Fabio Panetta: This all sounds good – efficiency, safety, choice, costless payments. What’s not to like? In particular, he talks about the potential for big techs to become major players in payment – he (Fabio Panetta) seems to be against this. “If not properly regulated, big techs may pose considerable risks from an economic and social perspective and they may restrict, rather than expand, consumer choice.” This view is one we discussed in detail in “Don’t fear the Libra” (18th November 2019), and we think it may be hard for big tech to move regulators on from it. We talk a bit later about the boarder landscape for CBDCs, but the Bank of China has taken considerable steps towards a digital currency (a “digital Yuan”). According to various reports, the Bahamas has beaten them to it, with their “Sand Dollar”, a digital currency backed one for one by the Bahamian Dollar. He (Fabio Panetta) also points out that cards used across Europe rely on “agreements with international card schemes. As a result, people mostly use international schemes for cross-border card payments, and the European market for card payments is dominated by non-European schemes.” Presumably, this includes MasterCard and Visa. He says: “a digital euro would need to be carefully designed, in order to enhance privacy in digital payments [and] respect the rules on countering illegal activities.” A CBDC would be a better place to park cash than a commercial bank account. It has a lower risk profile, for a start. Granted, Euro deposits up to €100,000 are guaranteed by the various national central banks, but a CBDC has two benefits over guaranteed deposits: • It cuts out the entity in the middle – your risk is directly that of the ECB. • It replaces the national sovereign as lender of last resort with the ECB itself. This arguably isn’t much of a credit upgrade if you’re German, but it would be if you were a citizen of many European countries. We have discussed this already, with Mr Panetta. There is an understandable fear that if a region did not develop a CBDC, it could risk being left out when faced by the unstoppable march of the Sand Dollar or the Digital Yuan. Our view is that this is a matter than could be addressed by regulation. We note that the US Fed doesn’t seem to be in the vanguard of central banks looking at CBDCs, suggesting they do not fear this outcome. Diem (the artist formerly known as Libra); We note that as well as Mr Panetta, Libra is explicitly mentioned by Andrew Haldane, in a recent speech on innovations in payments. He said: This is more scene setting than justifying a CBDC – the whole speech is fairly discursive – but Diem/Libra is clearly there in Mr. Haldane’s thinking. Mr Haldane addresses directly the broader systemic impacts of CBDC. Lastly, the fears about “narrow banking” are precisely our key fear about CBDC. Narrow banking’s key tenets are as follows: • Banks would be able to lend using depositors' money only after the depositors themselves choose to transfer their money to designated "lending" accounts that will be regarded as "risky" accounts (similar to mutual funds). Otherwise, depositors' money will be kept as liquid cash or deposited with the central bank. Mr. Haldane’s response to this worry is in our view extremely important. And he’s right. If you split deposit taking form lending, you don’t have to worry anything like as much about the systemic impact of a deposit-taker facing bankruptcy, because assuming it didn’t engage in fraud or other malfeasance, it’s very hard to see how it could happen. From a supervisory point of view, life would be easier, as you would have to question whether all the rules intended to make sure that Governments don’t have to action their various deposit guarantee schemes would be necessary. Mr Haldane’s speech is significant because it suggest that a CBDC might form part of a radical approach to the banking industry. This worries us, but it adds an important plank to the central bank discussion of CBDC. The ECB’s approach seems to be to try to limit the impact of a CBDC on the incumbents. Mr Haldane approaches it from a different angle, considering CBDC as potentially an agent of change for the banking sector.

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CODEO TOKEN was built with a variety of unique and special unlike other Tokens, because CODEO TOKEN comes as a vehicle forms a safe and comfortable digital ecosystem by providing protection not only against security, but rather protection of business value and value of codeo assets owned by users. in business aspects Code is designed as a long-term and sustainable digital transaction instrument where CODEO TOKEN is in phase future planning will be used not only for crypto users and the blockchain industry but CODEO TOKEN continue to build a unique and integrated ecosystem in various industries. through FIVE ANGES INVESTMENT (FAI Limited) Legal companies registered on the British Virgin island (BVI) will encourage the CODEO TOKEN function to be used in various industries including Startup products included in the CODEO incubator program DIGITAL ASSET Codeo tokens are digital assets that you can store like valuable securities. because the codeo token has a value that continues to grow and is stable BACKED BY ECOSYSTEM codeo tokens are supported by an integrated ecosystem with a platform that is present to answer all your transactional needs and exchange needs using your various needs PAYMENT & TRANSACTIONS Codeo tokens become as a secure blockchain-based payment instrument and can be used throughout the codeo merchant network throughout the world HIGH TECHNOLOGY Multiple protocols enabling extensive decentralized finance applications can be hosted on CODEO Sidechains. INVESTMENT & TRADING codeo tokens are present in many global market exchanges which can provide investment benefits in the form of trading on global markets in trading codeo tokens LIQUID & CASHABLE CODEO is a valuable digital asset and is very easy to trade because CODEO is Listed in almost all global and local Crypto and Digital Exchanges. Your ease of owning and obtaining CODEO in the world market is our top priority Visit www.codeotoken.com

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It’s been a long time coming, but I think we are on the cusp of Polysign revealing what they've been up to for the past three years. We got confirmation December of last year that Polysign was in early Beta and would be going live in 2020. Also, it looks like there are design changes in order with respects to the webpage. Most of us know Polysign to be a digital asset custodial service/infrastructure platform as David’s answer to a question he fielded from a student at the University of Texas indicates. Going back a few years, we had our first indication, at the end of 2017, that Ripple would be taking the much-needed steps to begin building the necessary “market infrastructure” (i.e. custody and financial hedging instruments) needed to entice more institutional participation. According to Ripple this “market infrastructure” is needed to grow/stabilize the crypto markets overall but more importantly, to help with XRP. Miguel Vias, Head of XRP Markets commented in the last paragraph of Ripple’s Q4 XRP Markets Report for 2017: “While customers can use XRP for on-demand liquidity through xRapid, we want to build the necessary markets infrastructure for eventual direct usage of XRP by financial institutions. In Q1, we’ll begin work towards the launch of institutional hedging instruments and custody solutions. Both of these market components are important to institutional adoption and thus are important components of our 2018 roadmap.” On a Credit Suisse panel discussion (03:20 – 05:07), Miguel Vias alluded to the fact that you can’t build a vibrant crypto ecosystem with institutional players (i.e. hedge funds & investment banks) without first solving for custody or the safeguarding of these digital/crypto assets. Once you do this, you allow for the development of prime brokerage firms, lending, and hedging instruments (i.e. Derivatives, Options, Futures, ETFs, etc). Just recently, I happen to stumble upon a couple of interesting Tweets from @Arturo_P_A, Tweet One from February and Tweet Two from yesterday. In the first, @Arturo_P_A offers his opinions regarding the synergistic relationship he believes will develop between Ripple and Polysign. In particular, around on-boarding ODL-based exchanges, conflict-of-interest around XRP custody for these ODL exchanges and Ripple, and new use cases. What really piqued my interest is what @Arturo_P_A reveals in the second Tweet. It looks as if we have confirmation of one of Polysign’s first customers or maybe a subsidiary of Polysign, Standard Custody & Trust Company. It appears that Polysign has submitted a request for a custodial charter license in New York that was still pending as of February 6th 2020. Assuming that Standard Custody will, in some way, shape, form, or fashion, have some affiliation with Ripple it made me think about a couple of @KarmaCoverage Medium posts: What could xPool be? An attempted guess How xPool may work? An attempted guess It seems to me that Ripple now have the necessary foundational infrastructure in place to get escape velocity needed to truly execute their IoV vision: RippleNet - for the transference of value Interledger Protocol - for seamless connectivity and interoperability between di-separate traditional financial/blockchain-based systems/platforms Codius – for agnostic smart contract development for DeFi products Polysign – digital asset custody.

The entire crypto markets had a positive performance last year, as BTC price surged by almost 100 percent. However, altcoins had a mixed performance, with the price of ETH declining marginally while the price of XRP fell massively by 45 percent. Reach us on:- https://www.cryptoknowmics.com/news/ethereum-is-positioned-for-bottom-here-is-the-reason

I have gone through a p2p exchange coinbaazar , where people can trade bitcoin in more than 100's of payment modes , its a low fee p2p exchange , with all languages of the world. Traders and Vendors can buy and sell bitcoins from all over the world. Check and review.

Huawei’s CEO is Not Bullish on Cryptocurrencies Due To Google's "Quantum Computing" A few weeks ago, China’s President Xi Jinping announced that the nation would focus on blockchain technology as the main driver of innovation. A CEO from one of the largest companies in China shares opposite feedback. See the full story below https://www.visionary-finance.com/news/Huawei’s-CEO-is-Not-Bullish-on-Cryptocurrencies-Due-To-Google's

https://xrpripplenews.com/2019/09/07/apple-watching-cryptocurrencies-xrp-partnership-incoming/ "We are watching, we think it’s interesting. We think it has interesting long-term potential" Jennifer Bailey | Apple Vice President - Could it be XRP? Serious question - or could they simply create their own stable coin?

Blog URL: https://coil.com/p/Hodor/Xumm/GcD8MEL4B It's time to have Xumm fun! If you own XRP, you need to learn about XRPL Labs new signing platform, Xumm. I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread

Freldo https://freldo.com - a friendly social network forms and promotes the idea of business development through recommendations, exchange of feedback and information between participants. The founders of the project have developed an effective mechanism for functioning within the network. Users can easily find the products and services they are interested in using a convenient search engine with various filters (rating, price, location, category), have the opportunity to invite friends through other social networks, messengers and mail-agents, and the business gets cheap and effective advertising in the circle of a huge number of friends and acquaintances. At the same time, everyone gets their benefit from the service: Customers receive: · high quality and tested other members of the services, · privileges and bonuses, due to referral reward system. Business: · new customers, · advertising. The network has gained popularity among a large number of users in a short time, held a successful ICO https://ico.freldo.com/ and came out with own currency FRECNX on the cryptocurrency exchange BCEX https://www.bcex.hk/trade/frecnx_eth. This is the Chinese exchange, which occupies a fairly strong and stable position in capitalization at CoinMarketCap (15th place). The trading platform supports more than 50 types of digital assets. The Exchange constantly increases trading volumes, holds a high position rating and actively develops its technological potential in the world of cryptoeconomics. The strong position of the BCEX platform https://www.bcex.hk in the stock market cryptocurrency, currency availability and stablecoins, rarely found on large trading floors, attracts cryptocurrency traders who work for the future, develop the capabilities of their investment portfolio and look for new tools for additional earnings. The FRECNX currency https://www.bcex.hk/trade/frecnx_eth is very interesting for potential investors, that the price index of the token in comparison with the previously held ICO increased 2 times (0,8 $ versus 0,4 $). This position on the token exchange is justified by the fact that it’s based on real business, which has a significant growth rate, introduces innovative solutions in its activities. The token is actively traded on the stock exchange, tends to grow and has excellent future prospects, as the developers are not going to stop there and will improve their work, expand the geography of action. All this will only raise the rating of the cryptocurrency and cost of the company itself.

Здравствуйте все! Хочу поделиться с вами хорошими новостями: после успешной работы ICD Freldo https://ico.freldo.com/ и достижения Hard Cap токен FRECNX на бирже BCEX (ТОП 15 по CoinMarketCap) - https://www.bcex.hk/trade/frecnx_eth. Основное различие между FRECNX состоит в том, что в 99% проектов ICO после того, как биржевые листы сразу упали в 1000 раз, цена FRECNX увеличилась с 0,4 долл. США. ICO до 0,7 долл. На бирже BCEX. Freldo Inc. зарегистрирована в Торонто, Канада, в 2011 году. С 2016 года Freldo Inc. запустила бизнес-социальную сеть Freldo https://freldo.com. Полнофункциональная сеть соединяет владельцев малого и среднего бизнеса и их клиентов. У нас 20 000 живых клиентов. Наша цель - сделать революцию на рынке услуг, внедрить технологию блокчейн во взаимоотношениях бизнес-клиент, предоставил малый бизнес инструменты для крупных сетей и компаний. BCEX https://www.bcex.hk - ведущая глобальная платформа для торговли цифровыми активами. Модель BCEX - предлагать клиентам проекты с устойчивыми ценностями. Биржевой объем BCEX за 24 часа составляет 125 880 736,97 долларов США (19 846,51 BTC). Эта биржа поддерживает 51 криптовалюту и 75 торговых пар.

After partnering with the leading financial sectors, Ripple has gained unstoppable momentum and deserves undivided investors attention. Ripple or XRP continues giving the crypto community more and more reasons to believe in its solutions and technology. The relentless and continuous advancement towards global adoption is just gaining more pace with every passing moment. Well, this totally gives a clear signal to have a serious look at the superlative progress of XRP. Source: https://www.oodlestechnologies.com/blogs/Reasons-To-Prove-Why-Ripple-Deserves-More-Investors-Attention

www.XRPUNITED.com

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Just came across global cryptocurrency report @ https://www.verifiedmarketresearch.com/ (Ripple, Bitcoin, Ethereum, Litecoin etc.) Increased opportunities in both developed and developing countries, a rise in the adoption rate of cryptocurrency across various industries, an increase in capital investment and varying monetary regulations have been driving the global cryptocurrency market Major players such as BTL Group Ltd., BitGo, Xilinx Inc., Advanced Micro Devices, Inc., Alphapoint Corporation, BitFury Group Limited, NVIDIA Corporation, Microsoft Corporation, and Intel Corporation Global Cryptocurrency Market Report - https://www.verifiedmarketresearch.com/product/global-cryptocurrency-market-size-and-forecast-to-2025/

This is from last month published by the Cato Institute... it seems like a thoughtful and and in-depth exposition of a question that has been on all of our minds... (The Cato Institute is a public policy research organization — a think tank — dedicated to the principles of individual liberty, limited government, free markets and peace. Its scholars and analysts conduct independent, nonpartisan research on a wide range of policy issues.) https://www.cato.org/about Should Cryptocurrencies Be Regulated like Securities? By Diego Zuluaga June 25, 2018 https://www.cato.org/publications/cmfa-briefing-paper/should-cryptocurrencies-be-regulated-securities#full "Cryptocurrencies are a new and promising technology, the benefits of which remain little understood and hotly disputed. Policy uncertainty and ambiguous statements by financial regulators further complicate an assessment of the risks and rewards that ownership of this asset class can bring." "Yet, the answer is not to clamp down on cryptocurrencies. Volatility, as long as it is not caused by fraudulent or illegal market behavior, is not a regulatory concern. Rather, the goal of regulators should be to provide confidence in the stability of the regulatory framework by defining how cryptocurrencies fit within existing rules. Such regulatory certainty need not come at the expense of the accessibility of blockchain technology to firms and individuals."

Here's a paper from the International Monetary Fund that I believe has been overlooked... from reading it we can certainly gather that the IMF does not think that the digital transformation is going away... The Long and Short of The Digital Revolution FINANCE & DEVELOPMENT, JUNE 2018 By MARTIN MÜHLEISEN (director of the IMF’s Strategy, Policy, and Review Department) http://www.imf.org/external/pubs/ft/fandd/2018/06/impact-of-digital-technology-on-economic-growth/muhleisen.htm "This digital transformation results from what economists who study scientific progress and technical change call a general-purpose technology—that is, one that has the power to continually transform itself, progressively branching out and boosting productivity across all sectors and industries. Such transformations are rare. Only three previous technologies earned this distinction: the steam engine, the electricity generator, and the printing press. These changes bring enormous long-term benefits." "But make no mistake—the digital revolution is well under way. In addition to transforming jobs and skills, it is also overhauling industries such as retailing and publishing and perhaps—in the not-too-distant future—trucking and banking."

Google translate: https://www.rabobank.nl/particulieren/actueel/items/nieuwe-moonshot-ideeen-in-de-race https://www.rabobit.nl/ Quick summary of connections between Rabobank and Ripple I know about: Rabobank tested Ripple before, they are also researching a new Ripple product (26 jan 2018), they hired a blockchainexpert who did a case study about Ripple. Heimen Schuring, head of Channel Support & Payment Engine @ Rabobank knows about 'companies like Ripple' according to this article . Rough translation what Huls says about blockchain in this article, dated 30 may 2016: Imo overall Ripple / xrp usecase / fintech developments go way quicker than many people expected so keep that in mind with the above mentioned timeframe. Edit 26-04-2018: Rabobank has removed the article from their site and also took down the rabobit.nl site, but I can confirm it really was announced at rabobank.nl as part of Rabobank's internal Moonshot acceleration program. They clearly stated at that time: There is no official decision by Rabobank to introduce this yet.

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I vote we go with the CFTC for regulation https://www.ccn.com/cryptocurrency-a-modern-miracle-not-going-away-cftc-commissioner/ "One of the top market regulators in the US said this week that cryptocurrency is a “technological revolution” that will one day be a part of every national economy." "Speaking on Monday before the BFI Summit at the United Nations, Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam discussed challenges faced by the agency as it regulates industries associated with the nascent blockchain field. However, far from denigrating this technology as a tool for criminals, he heaped copious praise upon it for its ability to positively transform the financial sector." “But virtual currencies may – will – become part of the economic practices of any country, anywhere. Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet,” he said, adding: “We are witnessing a technological revolution. Perhaps we are witnessing a modern miracle.” (Bold is mine)

Recently, Ultimez Technology, which is one of the top web design companies has confirmed new cryptocurrency payment solution for web, digital, and branding solution. Hence, all the web services are carried out by accepting cryptocurrencies –especially Ripple — as a mode of payment at its Dubai office. Herein, the firm has created the most efficient approach to experience web-related services for domestic and international clients. Excited To Know More? You can either mail your queries to crypto@ultimez.com or by creating support tickets. The tickets can be created by the link provided below: Crypto Web Service | Ultimez Web Design | Accept Bitcoin payment Ultimez Technology is Accept Bitcoin payment for Crypto Web Service. You can now pay with bitcoin, ETH, Dash, NEO and… Alongside Ripple, the company also accepts other cryptocurrencies such as Bitcoin, Bitcoin Cash, Dash, Ethereum, Neo, Verge, and Litecoin. Website: Ultimez

Just in case you missed it. The results could throw out some interesting details on what exchanges are/aren't doing to help the market.