This afternoon, Senate Democrats proved they were never truly serious about protecting consumers and preserving American leadership. I sat at the table with Senate Democrats working in good faith to get this done while they played games.
For over a year, they presented demands and the second we met them, they made new demands and moved the goal posts. Today they voted against real limitations on politicians’ personal crypto investments. They voted against protecting American consumers from the scammers and fraudsters this bill would have shut down. They voted against American leadership, and handed China and every one of our foreign competitors exactly what they wanted. Democrats chose politics over the American people—again. That’s not leadership on their part, that’s surrender to their radical, socialist base.
The once-proud Democratic party is anti-consumer and pro-illicit finance, anti-ethics, anti-free enterprise, anti-worker, anti-livable wage jobs, and pro-socialism. The Democrats are now anti-American. Sad!
So businesses passed the price increases on to customers and now get to claim refunds for the same price increases they already passed on to customers, which will most likely be paid for by taxpayers, who are of course the same people who already paid those higher prices in the first place, while those same businesses can still minimize what they pay through loopholes in the tax code.
Beautiful.
The entire point of crypto is to opt out of the banking system, not to negotiate away the best parts of this asset class and technology.
Fuck the banks.
Exciting milestone for @Ripple in Australia! 🇦🇺
Ripple is obtaining an Australian Financial Services License (AFSL). As we continue to bridge TradFi with the next gen of digital infrastructure, regulatory compliance remains the foundation of everything we build: https://t.co/cQXKU6uF8X
With this license, we are doubling down on our commitment to Aussie financial institutions and enterprises, providing a fully regulated, end-to-end platform to move value faster and more efficiently than ever before.