cmbartley Posted April 16, 2017 Share Posted April 16, 2017 Hi all, I think we all saw @miguel's comment about increasing XRP/Fiat volume in the Ripple ecosystem and it's something we can all get on board with. I'm curious as to what the barriers are to adding fiat pairs to an exchange or gateway like @gatehub ( @enej). Is it mostly regulatory? Is the rate limiting step finding a partner bank? I'm hoping knowledgable forum members can provide some perspective. OlivierA 1 Link to comment Share on other sites More sharing options...
Mercury Posted April 17, 2017 Share Posted April 17, 2017 21 hours ago, cmbartley said: Hi all, I think we all saw @miguel's comment about increasing XRP/Fiat volume in the Ripple ecosystem and it's something we can all get on board with. I'm curious as to what the barriers are to adding fiat pairs to an exchange or gateway like @gatehub ( @enej). Is it mostly regulatory? Is the rate limiting step finding a partner bank? I'm hoping knowledgable forum members can provide some perspective. I think part of it would the bilateral direction of the corridors, this is a long standing issue for remittance that features a heavy flow of capital uni directional Link to comment Share on other sites More sharing options...
cmbartley Posted April 19, 2017 Author Share Posted April 19, 2017 “Taiwan AML reforms & USD/Crypto Drama” This does a good job if covering what's going on with Bitfinex: @gregor @enej Kakoyla 1 Link to comment Share on other sites More sharing options...
Kakoyla Posted April 19, 2017 Share Posted April 19, 2017 (edited) @cmbartleygreat find, thank you. Doesn't make me feel any better about tether though. Edited April 19, 2017 by Kakoyla Link to comment Share on other sites More sharing options...
cmbartley Posted April 19, 2017 Author Share Posted April 19, 2017 Were we talking about this the other day? "PURCHASE AND REDEMPTION OF TETHERS: The Site is an environment for the purchase and redemption of Tethers. Once you have Tethers, you can trade them, keep them, or use them to pay persons that will accept your Tethers. However, Tethers are not money and are not monetary instruments. They are also not stored value or currency. There is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money. There is no guarantee against losses when you buy, trade, sell, or redeem Tethers." https://tether.to/legal/ rippleric and PunishmentOfLuxury 2 Link to comment Share on other sites More sharing options...
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