We’re honored to be named one of @CNBC's World’s Top Fintech Companies for the third year in a row! https://t.co/xxJg65cW4p
Thank you for this recognition. It reflects our ongoing commitment to building the Internet of Value and transforming how money moves around the world. ⭐️
The last major financial regulation bill was passed 15 years ago in response to the 2008 financial crisis.
Tomorrow, the signing of the GENIUS Act cements the US’s future in being a leader in truly innovative financial technology – stablecoins. This moment is a historic one, and I, for one, am looking forward to all that is to come as a result of this transformational legislation.
Thank you to the bipartisan leaders that got it done – @RepFrenchHill, @GOPMajorityWhip, @CongressmanGT, @RepAngieCraig, @RepDustyJohnson, @RepDonDavis, @RepBryanSteil, @RepRitchie, @SpeakerJohnson, and @RepJoshG.
The GENIUS Act now goes to the President’s desk, and the CLARITY Act moves forward to the Senate – at long last, there’s movement on workable, clear frameworks for crypto and stablecoins that will both foster innovation and protect consumers. This is exactly what the American people have been asking for.
🚨JUST IN: @Ripple lawyer - Stuart Alderoty says: “The GENIUS Act now goes to the President’s desk, and the CLARITY Act moves forward to the Senate.” #XRP
HAPPY CRYPTO WEEK! The House will soon VOTE on a tremendous Bill to Make America the UNDISPUTED, NUMBER ONE LEADER in Digital Assets - Nobody does it better! The GENIUS Act is going to put our Great Nation lightyears ahead of China, Europe, and all others, who are trying endlessly to catch up, but they just can’t do it. Digital Assets are the FUTURE, and we are leading by a lot! Get the first Vote done this afternoon (ALL REPUBLICANS SHOULD VOTE YES!). This is our moment - Digital Assets, GENIUS, Clarity! It is all part of Making America Great Again, BIGGER AND BETTER THAN EVER BEFORE. We are leading the World, and will work hard with the Senate and the House to get even more Legislation on this passed! (TS: 15 Jul 15:29 UTC)
Today, @Ripple submitted an additional letter to the SEC’s Crypto Task Force addressing a key question from Commissioner Peirce’s “New Paradigm” speech: When does a digital asset separate from an investment contract?
We appreciate the continued engagement with the Task Force. https://t.co/QVL2tquYLQ
BOOOOOOOOOOOOM‼️
The $XRP Ledger has been acknowledged by the World Economic Forum (#WEF) as one of the most important technologies for tokenizing assets throughout the globe. 🌏
It’s happening. Institutional access to crypto is accelerating.
From the launch of XRP Futures and ETFs on CME and Nasdaq just this week, it’s clear the market is maturing and exposure to crypto is expanding.
@bgarlinghouse locks in for 60 seconds and unpacks the excitement around crypto ETFs in a special episode of Crypto In One Minute. ⏱️
#Stablecoins, meet 150M+ checkout counters. Enterprises and #fintechs can now offer Mastercard-branded cards linked to consumers’ stablecoin balances — unlocking new ways to pay and be paid.
In partnership with @moonpay, we’re combining our trusted global #payments network with advanced stablecoin infrastructure to bring seamless, secure digital asset payments to life.
https://t.co/eouvmF4Dl7
Our President @MonicaLongSF had the honor of meeting with His Highness Ahmed bin Saeed at @DubaiFintechSum. We continue to be impressed with the leadership demonstrated by Dubai as it establishes itself as one of the world’s leading hubs for digital assets.
Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC are fully in agreement to resolve this case and will revisit this issue with the Court, together.
In @SECGov Chair Paul Atkins’ keynote speech at today’s tokenization roundtable, he laid out three policy focus areas the agency is targeting:
📌To create clearer guidelines for crypto issuance and explore new registration exemptions and safe harbors.
📌Provide consumers with expanded custody options, including self-custody, and potential updates to the ‘qualified custodian’ definition.
📌Explore integrated trading platforms and the modernization of ATS regulations to better accommodate crypto assets.