Don’t forget - Ripple and XRP stand on settled ground. The 2023 federal Court ruling established XRP is not a security.
And in March the SEC and CFTC issued a joint interpretation naming XRP a digital commodity. SEC Chairman Atkins and a CFTC Chairman Selig understand these markets. We expect future rulemaking from both agencies to continue to set out clear rules of the road.
@SaderSader90843 No but I learned about the real wizards that run the world back in 2019 and been watching their little dumb chart manipulation games for 7 years now!
🚨 JUST IN: A Korean bank just dropped SWIFT for #Ripple Payments. And the race wasn't even close.
Same transfer, two rails:
→ The old rail: money hops bank to bank through the correspondent chain. Every hop adds a fee, a cutoff time and a day. Closed weekends. Arrives days later
→ #Ripple Payments: value moves in one straight line. Seconds to minutes, 24/7, visible end to end
Jeonbuk Bank just became the first regional bank in Korea to make the switch, replacing multi-day SWIFT transfers for the businesses that feel it most: import-export firms, IT startups, content creators collecting global revenue.
And it's #Ripple's THIRD major Korean institution this year:
→ Kyobo Life, Korea's largest life insurer: on-chain bond settlement
→ Kbank, Korea's first internet-only bank: custody infrastructure
→ Jeonbuk Bank: live cross-border payments
SWIFT sends messages and the money crawls behind them. #Ripple moves the value itself.
The message network had a 50-year head start.
The settlement network is lapping it.
Liked what you just read? Follow @RippleXity and never miss the $XRP deep links others overlook.
Jeonbuk Bank is the first regional bank in Korea to deploy Ripple Payments, replacing multi-day SWIFT transfers with near real-time, 24/7 cross-border settlement for its business customers. Our third Korean partnership this year, after Kyobo Life Insurance and Kbank, partnering on custody, wallet infrastructure and payments.
Korea’s leading financial institutions are building with Ripple: https://t.co/oSW94lTJ85
XRP JUST BROKE A 13 YEAR RECORD
HAS NEVER BEEN THIS OVERSOLD. EVER
Not in 2014.
Not in 2018.
Not in 2020.
Not even during the 2022 collapse.
After 13 years of price history, monthly momentum has reached a new all time low while XRP tests its long term rising base.
This is not an ordinary correction.
It is the deepest structural reset XRP has ever recorded.
The real question is what happens when historic oversold conditions meet long term support.
JUST IN: Jay Clayton is officially the 9th Director of National Intelligence.
Senate confirmed him 51-47
Same Jay Clayton who, as SEC Chair, launched the massive lawsuit against @Ripple that lit the crypto world on fire.
From Wall Street regulator to SDNY U.S. Attorney… and now running America’s entire intelligence apparatus.
Crypto Twitter is about to have a field day.
What do you think — perfect pick or polarizing as hell? 👇
🚨 JUST IN: The world is legalizing $XRP.
🇯🇵 Japan: licensed and live
🇪🇺 Europe: MiCA in force
🇷🇺 Russia: crypto bill just passed
One by one, nations are codifying the rules $XRP already follows.
The last domino? 🇺🇸 The US, one Senate vote away.
Always those you suspect most...
Our friend Jack Mallers raised billions for his BTC treasury company losing 92%. Now he must step down.
The man who crashes out over XRP should have worried more about his own company.