@RemiReliefX Hopefully, @SenWarren will stop generalizing about this important bill. Everyone understands her loyalty to the banking industry. Change is hard but banks will survive and probably be better stewards to their clients while helping them leverage the value of cryptocurrencies.
@DeatonforSenate@DeatonforSenate these are all great policies. First, I hope you get elected. Second, I hope youโre successful in getting these policies implemented.
Eri is correct that stablecoin models (with Swift integration) are gaining traction for real-world payments. This doesnโt mean XRP Ledger is โcut outโ. Itโs part of Rippleโs toolkit for efficient, hybrid solutions. The industry is moving toward layered systems where stablecoins handle stability and volume while XRP shines in bridging and liquidity. Ripple benefits either way, and adoption of these rails is net positive for the ecosystem. Always DYOR on specifics. As payment tech evolves there will be more XRPL complementary solutions and we should drop the mindset that there is a winners-take-all solution.
@mart_f7@MrPool_QQ You are absolutely correct Frank. Not sure what the point of his post is? There is โflickerโ in all monitors too. However, to your point, you can purchase flicker free bulbs now.
So that everyone understands, all they are doing is adding crypto to the unclaimed property law. California is not the only state with this new inclusion of cryptocurrencies to the unclaimed property laws. Arizona, Texas, North Dakota, New York, Delaware, and Illinois have similar laws. It appears to me that New York, Delaware, and Illinois have the most impactful law because they require the crypto be liquidated to USD once seized.
As others have said, this only applies if you have your crypto on a public exchange and you have no interaction with that exchange for the dormancy period.