XRP&Me

[XRP&Me @XRPopulation]

@NADZOE93 0.84

[Greeny @greenytrades]

From July 1st (tomorrow) crypto in Australia changes forever.

Your CEX is now legally required to log EVERY SINGLE transfer you make no matter how small. AUSTRAC's Travel Rule kicks in with zero minimum threshold, so a $5 movement carries the same reporting weight as a $50k one.

Every Aussie centralised exchange now has to record full sender and beneficiary details on every transfer crossing their platform. Full name, country, city, wallet address. Binance and Coinspot already confirmed it for both incoming deposits and outgoing withdrawals. Every other VASP operating here sits under the same regime.

Send crypto from your CEX to your own ledger? They log where it went and who you say owns it. Someone sends you crypto? You provide your details before it lands. Refuse and the transfer gets blocked.

The ATO already has data sharing agreements with every Australian exchange covering over a million Aussie crypto users. AUSTRAC processes more than two million threshold transaction reports a year. From tomorrow there is a near complete paper trail on your on chain behaviour the moment it touches a regulated platform.

Some people are pulling bitcoin to self custody this week ahead of the deadline. Others are doing nothing and assuming it will not apply to them. Both groups are about to find out how serious AUSTRAC actually are.

You can rage about it on Twitter or get your records bulletproof before October 31. The crypto tax software I personally use to track every CEX, DEX and on chain wallet is dropped in the first comment 👇

[XRP&Me @XRPopulation]

@QuantZillaCoin @Cryptobless7070 I did the same, but only have half my original bag. I sold a bit early on the way up.

[XRP&Me @XRPopulation]

@TheTimeTraveler None of my irl people are on my X account. For a reason.

[XRP&Me @XRPopulation]

@24hrscrypto1 Makes me happy to see this.

[XRP&Me @XRPopulation]

@NickMcCallum7 Are the Dockers in town?

[XRP&Me @XRPopulation]

@cCViperCc @cryptodylnews Same.

[XRP&Me @XRPopulation]

https://t.co/GkHtqUOAxk

[XRP&Me @XRPopulation]

@cCViperCc That looks amazing.

[XRP&Me @XRPopulation]

Starting to regret this haircut already.

[XRP&Me @XRPopulation]

@kerrymcook GM Morty ❤️

[XRP&Me @XRPopulation]

I love the word police.

[🎩Laird of the Manor🎩 @LairdOfThManor]

A small public service announcement from the Department of Things That You Should Know…

It has not “peeked” your interest.
Nor has it “peaked” your interest.

…It has piqued your interest.

You are not “phased” by something.
You are fazed by it.

If you’ve had a long day, you are weary.
If you suspect someone is an idiot, you are wary.

It is “due course”, not “do course”.
“Per se”, not “per say”.

And while we’re here, it’s “could have”, not “could of”, but that particular battle may already be lost.

Thank you for your attention during this brief outbreak of grammatical housekeeping.

This has been a @LairdofthManor announcement.🎩💙

[XRP&Me @XRPopulation]

@tropicalstu17 @CryptoHulk19 @MichaelGil81484 @David_OnGod @1970_LEGEND @ZachRector7 They're beautiful and I never get sick of looking at them.

[XRP&Me @XRPopulation]

Glad to hear a fellow Aussie escaped the matrix.

[Coinfessions @coinfessions]

None of us signed up for this shit.

[XRP&Me @XRPopulation]

@ShaneyBoyzz Sending you hugs. It's a tough road for parents. Hope ypur son gets well one day.

[XRP&Me @XRPopulation]

@Kristinartz Orange juice, but it was only for breakfast. Otherwise there was unlimited water in the tap.

[XRP&Me @XRPopulation]

@cCViperCc Delicious.

[Eleanor Terrett @EleanorTerrett]

🚨NEW: Some color on Wednesday’s meeting between law enforcement groups, administration officials and Congressional members and staff on the Clarity Act:

📌 The meeting was hosted by @patrickjwitt and the White House Crypto Council in the Eisenhower Executive Office Building. Around 20 attendees were present, including @GOPMajorityWhip and @DavidSacks who delivered opening remarks before departing. Also in attendance were officials from @USTreasury, @FinCENnews, Senate staff and @DAGToddBlanche office.

📌 On the law enforcement side, attendees included the Fraternal Order of Police (@GLFOP), National Association of Police Organizations (@NAPOpolice), International Association of Chiefs of Police (@TheIACP), the National District Attorneys Association (@ndaajustice), and the National Association of Assistant U.S. Attorneys (@WeAreNAAUSA). The National Sheriffs’ Association (@NationalSheriff) was invited but did not attend.

📌 Sources tell me the meeting consisted of almost 90 minutes of substantive discussion and debate, much of it focused on the Blockchain Regulatory Certainty Act (BRCA).

📌 Potential solutions to strengthen crypto crime reporting and enforcement tools were also discussed as lawmakers and stakeholders continue working to build support for the legislation.

Ultimately, these groups will need to signal to Democratic senators like @CortezMasto and @MarkWarner that they are not opposed to the bill’s parameters, including the BRCA, to secure their votes on the floor.

[XRP&Me @XRPopulation]

Breaking it down.

[Kristin Smith @KristinSmith]

1/ The Clarity Act has a real shot at passing the Senate.

Getting it right means protecting the developers who build public blockchains. Getting it wrong risks pushing them – and the future of this technology – offshore.

🧵

[XRP&Me @XRPopulation]

@LukeSuther33435 Enjoy your travels!!!