The SEC is NOW arguing it has not officially declared #BTC#ETH compliant cryptos, according to testimony in the SEC v @Ripple That appears to be a 180 from not just Bill Hinman's speech, but the regulatory approach of former chair Jay Clayton. GaryGensler
@BrianBrooksUS could settle the case against @Ripple in 15 minutes, if given the chance. He would fine them for some early sales in (2013-2015), declare today’s XRP a non-security and then spend more time deciding what to eat for lunch that day.
You have a new crypto project, and you walk into the SEC, and you describe it in great detail, and you ask for guidance, and they [SEC] say we can't tell you, and you list it at your own peril.
– Brian Brooks, Bitfury CEO and former OCC COO
Digital assets are the future of finance, whether we in Congress are ready for that or not. It is critical the U.S. continues to lead the way in this space by creating a regulatory space that enables this emerging part of finance to blossom here at home.
Big thanks to @_XRpizza for obtaining the JP Morgan report that highlights Ripple & XRP. Below my summary page I will post the full pages that I have. This also ties in with the Joint mCBDC report by JP Morgan that I posted yesterday.
Coming to you from #RippleSwell -- 2 incredible days of fireside chats, panels and presentations starting at 9 am ET from @elerianm, @SBF_FTX, @Tranglo, @Azimo, @Coinme, the Royal Monetary Authority of Bhutan and many more!
@BCBacker You are on my rock star list! Least I could do is send this video to. Friend of my who is a senator of HI. Thank you so much for all you do to the XRPcommunity.
@BCBacker Very well done presentation. Sending this video to a friend of mine who is a D senator of HI. Thank you so much for all you do for the XRParmy.
Want calmer #cryptocurrency?
“The best assurance of protection honestly is more liquid markets.”
@BrianBrooksUS CEO @BinanceUS explains the volatility & how the #crypto ecosystem will evolve. Plus how to pick winners!