Joined @Official_Cantor’s annual Crypto Conference today - safe to say that the US is ready to be the crypto capital of the world with the next Trump Administration. Also an apt shirt to wear..on perhaps what are Gary Gensler’s last days in office?!
The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company.
This is a victory for Ripple, the industry and the rule of law. The SEC’s headwinds against the whole of the XRP community are gone.
Given today's ruling that the sale of XRP on exchanges is not a security, @Gemini is exploring the listing of XRP for both spot and derivatives trading.
We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.
Today is the first day of the 118th Congress. While prior efforts at regulatory clarity for crypto in the US have stalled, I am cautiously optimistic that 2023 is the year we will (finally!) see a breakthrough. A thread on why…
Q: Wen Flare?
A: The team is aiming for July 4, 2022🇺🇸(to be confirmed in mid-June, subject to audit)
#Flare is not just enabling early L1 tokens to be used with smart contracts, it's bringing advanced cross-chain interoperability to all networks
👀Roadmap https://t.co/NaHSiXoK3J
All exchanges that are supporting the distribution of $FLR will also receive $SGB to the same address that they provided for the $FLR distribution (but with a different chain ID). They can distribute $SGB to their customers when and if they feel comfortable to do so.