Yesterday, I celebrated 11 years at Ripple. Back then, I couldn’t have predicted that we’d still be fighting for regulatory clarity.
The fight has been worth it. After a day in DC having great conversations with @SenatorHagerty, @berniemoreno, @SenatorTimScott, @JohnBoozman and @patrickjwitt - and on stage at @Semafor World Economic Summit - I know we are closer than ever.
The CLARITY Act window is open. And now is our moment to act.
Nexo is part of @Mastercard’s Crypto Partner Program.
The initiative brings together digital asset innovators and Mastercard’s global network to connect on-chain technology with the payments infrastructure people use every day.
We look forward to helping shape this evolution.
Our renewed U.S. footprint represents a strategic alignment with clients and partners who prioritize resilience, strong governance, and disciplined risk management in the digital asset ecosystem.
LATEST: ⚡ Nexo has relaunched its digital asset services in the US through a partnership with Bakkt, three years after exiting due to regulatory challenges with the SEC.
HUGE news! @Ripple just received conditional approval from the @USOCC to charter Ripple National Trust Bank. This is a massive step forward - first for $RLUSD, setting the highest standard for stablecoin compliance with both federal (OCC) & state (NYDFS) oversight.
To the banking lobbyists – your anti-competitive tactics are transparent. You’ve complained that crypto isn’t playing by the same rules, but here’s the crypto industry – directly under the OCC's supervision and standards – prioritizing compliance, trust and innovation to the benefit of consumers. What are you so afraid of?
With today’s close of Hidden Road (now Ripple Prime), Ripple has announced 5 major acquisitions in ~2 years (GTreasury last week, Rail in August, Standard Custody in 2024, Metaco in 2023). As we continue to build solutions towards enabling an Internet of Value – I’m reminding you all that XRP sits at the center of everything Ripple does. Lock in.
For over a decade, XRP has powered fast and efficient settlement at scale.
FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi.
Mint today:
https://t.co/1ovLRNisHZ
https://t.co/Kjsp3Okyrc
Very excited to share that @BlackRock’s $BUIDL and @VanEck_US’s $VBILL tokenized fund holders can redeem shares for RLUSD/ETH 24/7 365 through @Securitize, and soon to come RLUSD/XRPL.
Enterprise-grade instant onchain liquidity at your fingertips. That’s real utility. https://t.co/A0zEHIIpel
President Trump officially inaugurated the new Trump International Golf Links course in Scotland, which will host the @Nexo Championship from Aug 7-10.
Having lunch with the President, after a day of golfing, discussing politics and our joint vision for crypto in the US, was an honor without compare!
Thank you sincerely for what you are doing for all of us @realDonaldTrump
U.S. President @realDonaldTrump inaugurated the new Trump International Golf Links in Aberdeen, host of the upcoming Nexo Championship (August 7–10). Nexo co-founders @AntoniNexo and Kosta Kantchev also joined President Trump for lunch to discuss innovation, the future of sports, and the growing impact of digital finance.
Thank you @SenatorTimScott and the entire Senate Banking Committee for hosting its first hearing on comprehensive crypto market structure legislation today. In a refreshing change from the rhetoric of the Gensler years, every Senator affirmed that crypto technology is here to stay and deserves rules of the road.
The legislative process is rarely simple, but we’re past the starting line, and that in and of itself is a MAJOR step that gives me hope that the US can make up for lost ground.
The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request. All subject to Commission vote, drafting of final documents and usual court processes.
That’s all folks!
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
The future is bright. Let's build.
Some weeks feel like months in crypto...this was one of them. From the @WhiteHouse Crypto Summit to the @CFTC CEO Roundtable and the sheer amount of news announced (hooray for @NatCryptoAssoc!), it’s been quite a few days.
There’s been a lot of talk about what this White House has and will prioritize with their crypto agenda - most importantly, regulatory clarity through Congressional action, as well as a BTC reserve & crypto stockpile, support for stablecoin innovation backed by US Treasuries, and more.
I was extremely pleased to see the incredible support from this administration.
It’s easy to get lost in some of the maxi-induced noise, but there’s so much more to this industry than the infighting and one coin versus another time-wasting rhetoric.
We will – as we’ve always done -- continue to champion the need for a level playing field (and it was great to hear others in the room echo this as well!) and for the industry to come together to move much needed legislation forward in the US.
An incredible THANK YOU to @realdonaldtrump for opening and welcoming us to the White House (amazing contrast to the the hostility of the Biden administration), @davidsacks47 and @BoHines for a truly historic Summit, and @carolinedpham for hosting us at the CFTC!
The @NatCryptoAssoc (NCA) officially launches today, and I’m excited to join as President (in addition to my role as Chief Legal Officer at Ripple).
What’s the NCA going to do, you ask? It’s putting a spotlight on real people and businesses using crypto everyday. NCA is not a political organization - it’s open to all, not limited to a specific project or protocol.
NCA is here to cut through the noise and make sure everyday Americans have the facts, resources and tools, and support they need to engage with crypto confidently. If you’re already benefitting from digital assets in your life or your business, now’s the time to join us and share your story. If you’re just curious, we are here for you to learn more.
Take a look at what we’re building: https://t.co/DyNDpCW2ng