Charents

Technology, science, crypto addicted guy who loves the decentralised technology of $XRP, $XLM and other cryptos

[Charents @Charents1]

@Yolanda_Diaz_ https://t.co/vqKe8Z4c7A
Hola de 40 niños encabezados de Israel Yoli :)
#hipocrita

[Charents @Charents1]

@krippenreiter @RookeryHeart Does that mean that XRP will be more decentralised?

[John Reed Stark @JohnReedStark]

Crypto traders appeared to ditch Tether’s USDT in droves yesterday in key stablecoin pools on Curve Finance and Uniswap exchanges, pushing the pools into heavy imbalances. Market manipulation is suspected.

Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.

The SEC should immediately send a team of auditors, lawyers and inspectors to conduct “for cause” exams of all relevant parties and refer any possible wrongdoing to the SEC Enforcement Division and/or the U.S. Department of Justice.

Oh wait, Curve Finance, Uniswap and stablecoins are not SEC-registered. Never mind, let the cryptoverse’s Walking-Dead-post-apocalyptic-anarchy police itself, I’m sure it will all be fine.

https://t.co/3ROXdKQE9k

[Andrzej Mackowiak @focus_kermit]

The #XRPCommunity is too focused on the development of Ripple's CBDC products, rather than the actual development of the #XRPLedger . Private #CBDC networks with their own native token will not affect the value of #XRP. Cross-border transfers from one CBDC to another, if they proceed as we see now on On-Demand Liquidity product, will not have a positive impact on the price of XRP.
Over the past year, trillions of dollars worth of transactions have flowed through the RippleNet network, with a large portion of it through the previously mentioned #ODL (using XRP). However, this did not have a positive impact on the price of XRP.

In my opinion, as a community, we should focus more on the actual improvements to the XRPL network, which can increase its value by adding new utilities. Such improvements are:

-Automated Market Maker
-Hooks
-and recently announced Price Oracle

There is also a need for a larger number of independent developers from the company who are building innovative solutions on this network.

For now, the community is hyping up news that has nothing to do with the currency they have in their wallets.

https://t.co/7SQ3mIsn5h

[Charents @Charents1]

@Ripple is now partnering with @Mastercard... can't even imagine the greatness of the new technology era

#XRP #XRPCommunity #CB

[Michael Miebach @MiebachMichael]

We’re partnering with several central banks to help them research new digital currencies projects. It starts with understanding what they want to achieve with this technology, then building in transparency, consumer privacy and stability.

We’re working toward those goals with a new #CBDC partner program, with @Mastercard teaming up with a handful of key blockchain/Web3/payments players so we can learn from each other.

Excited this new collaboration brought together @Ripple, @IdemiaGroup, @fluencycbdc, @GieseckeNews, @Consensys, @chyppings and @FireblocksHQ.

https://t.co/KwnGapGlVW

[Charents @Charents1]

We need more ppl like him to speak out the truth and the comon sense, which seems to be lost in our days

[Vivek Ramaswamy @VivekGRamaswamy]

TRUTH.

1. God is real.
2. There are two genders.
3. Human flourishing requires fossil fuels.
4. Reverse racism is racism.
5. An open border is no border.
6. Parents determine the education of their children.
7. The nuclear family is the greatest form of governance known to mankind.
8. Capitalism lifts people up from poverty.
9. There are three branches of the U.S. government, not four.
10. The U.S. Constitution is the strongest guarantor of freedoms in history.

[XRP @XRP_2026]

The #xrp Community has to come together, and I'm working to do that.

Any account that has #XRP should have at least 1000 followers.

1 Like, retweet, and follow

2: Leave a remark below and make sure to follow everyone.

Let's do this!

[Charents @Charents1]

@XRP_Productions All crypto world at 21.05 european time....

[Charents @Charents1]

so so so....

#xrp #ripple #crypto #cryptocurrency #sec #metaverse #blockchain

[Eleanor Terrett @EleanorTerrett]

🚨It’s shaping up to be a big week for developments in U.S. #crypto litigation.

1. A possible decision in the @Grayscale/@SECGov lawsuit. Analysts say today at 11AM EST is possible but could also be Friday as these are the 2 days the DC Circuit Court of Appeals usually issues opinions.

2. @Ripple’s response to the @SECGov’s letter of intent to file an interlocutory appeal of a judge’s ruling that programmatic sales of #XRP do not qualify as securities is due by the 19th (Saturday).

3. @BinanceUS has just asked a court for a protective order against the SEC, accusing it of undertaking a “fishing expedition” with its discovery requests.

[MetaLawMan @MetaLawMan]

SEC v. Coinbase, Big Update:

Six Securities Law Scholars File Devastating Amicus Brief in Support of @Coinbase.

Law Professors from Yale, Univ. of Chicago, UCLA, Fordham, Boston University and Widener filed an amicus brief last night that Absolutely Shreds the SEC's "investment contract" theory.

The amicus brief brilliantly traces the history of the meaning of "investment contract" before, during & after passage of the federal Securities Act in 1933.

Here are the Scholars' conclusions:

1. "By 1933, the state courts had converged around a standard for interpreting the term 'investment contract' to mean a contractual arrangement that entitled an investor to a contractual share of the seller's later income, profits, or assets."

2. After the Howey decision in 1946, the "common thread [for investment contracts] remains . . . that an investor must be promised, by virtue of his or her investment, an ongoing contractual interest in the income, profits, or assets of the enterprise."

3. "Every 'Investment Contract' identified by the Supreme Court Involves a contractual undertaking to grant a surviving stake in the enterprise."
___________________________________________
Bottom line:

In my opinion, this Amicus Brief delivers the coup de grace to the SEC's argument that crypto tokens trading on secondary markets are investment contracts.
https://t.co/970YmmWZc4

[MetaLawMan @MetaLawMan]

Senator Cynthia Lummis (R. WY) just filed an Amicus Brief supporting @Coinbase's motion to dismiss the SEC's complaint.

@SenLummis is Co-Sponsor of the Lummis-Gillibrand crypto regulation bill.

Sen. Lummis' brief argues that:

1. Congress has not granted the SEC authority to regulate crypto assets.

2. Defining the contours of crypto regulation in this country is a job for Congress and not the SEC.

3. The SEC's claim that virtually all crypto assets are securities "exceeds the SEC's authority, encroaches on Congress's lawmaking, and contravenes the separation of powers."

And putting a new spin on the "regulation-by-enforcement" term, Senator Lummis declares that "the SEC cannot legislate by enforcement."

Excellent work by the lawyers at Jenner & Block.

Well said. Well done. 👇

https://t.co/QA7CjVHsLZ

[Charents @Charents1]

Imagine the times when @Ripple wins and @coinbase wins... It's gonna be not only a bullmarket but a revolutionary changes in the world economy

[The Digital Chamber @DigitalChamber]

⚖️ What we argue: We discuss that Congress has NOT granted the authority to the SEC to regulate all digital assets as securities. The SEC’s regulation by enforcement actions raises constitutional concerns, putting the U.S. #digitalasset industry and its stakeholders at risk.

[Charents @Charents1]

@Ripple ❤️

[Ripple @Ripple]

What role can compliance play in crypto?

In less than 60 seconds, Ripple’s Minakshi Yerra explains how compliance protects businesses and ensures customer confidence in the latest #CryptoInOneMinute. ⏱️

[Charents @Charents1]

Let's go $XRP

[Eleanor Terrett @EleanorTerrett]

🚨NEW: @Gemini has officially started offering #XRP on its platform.

[Charents @Charents1]

@SECGov @Ripple @xrp It is unclear how it will ultimately be resolved. However, the case has already had a significant impact on the cryptocurrency industry. The SEC's decision to sue Ripple has raised concerns about the regulatory status of other cryptocurrencies.

[Charents @Charents1]

@XRP and the @SECGov : A Legal Battle That Could Change the Future of Crypto👇

[Charents @Charents1]

@SECGov @Ripple @xrp Ripple denied the SEC's allegations. In Nov 2022, the SEC won a partial victory, when a federal judge ruled that XRP was a security when it was first sold in 2013. However, the judge also ruled that the SEC had failed to prove that Ripple's had made any misleading stmt about XRP.

[Charents @Charents1]

$XRP there are great news every f***ing day about $XRP and @Ripple 😍

[Gemini @Gemini]

We have xciting news!

XRP is now available for deposits on Gemini. Trading support will follow xtra soon. 🤝