The world could use less Banksters. I like talking about the replacement of antiquated walled gardens ๐๐ฅ with beautiful open gardens ๐ป๐ #IoV#XRP
With todayโs 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 โ Iโm reminding you all that XRP sits at the center of everything Ripple does. Lock in.
Following the Commission's vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals.
The endโฆand now back to business.
Honored to be at the White House for the signing ceremony of the GENIUS Act into law! As promised, this is the most crypto-forward Administration weโve ever seen.
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 weโre 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.
Any criticism of today's press conference is absolutely missing the forest for the trees.
Having the Chair of Senate Banking, the Chair of House Financial Services, the Chair of Senate Ag, and the Chair of House Ag join the Crypto Czar to commit to passing legislation for crypto clarity is 100% a big deal (and something we havenโt seen before).
The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Courtโs decision and have clarity to continue growing our company.
This is a victory for Ripple, the industry and the rule of law. The SECโs headwinds against the whole of the XRP community are gone.
After nearly 3 years, the Courtโs July 13 decision delivered a landmark win for Ripple and the entire U.S. crypto industry: XRP is not a security.
Progress is worth fighting for.
https://t.co/rm4cMGDVek
Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
A huge win today โ as a matter of law - XRP is not a security. Also a matter of law - sales on exchanges are not securities. Sales by executives are not securities. Other XRP distributions โ to developers, to charities, to employees are not securities.
Ripple has spent 8 years working tirelessly to build an incredible company transforming global payments. Our mission doesnโt stop! Hereโs what I sent to employees yesterday + our lawyersโ reaction to todayโs SEC filing. https://t.co/wGHW4hCW2T