CANTON'S $CC SET TO BE THE NEXT $XRP
@CantonNetwork's $CC coin is set to be the $XRP of the upcoming crypto bull market says community members and @SignalLabsHQ founder @ElonTrades.
His comments echo a growing retail community around Canton Network which is already unique in that it successfully onboarded some of the world's leading institutions before amassing a retail community.
However, that retail community is growing by the day, with an ecosystem of retail-focused applications fast-emerging.
At time of writing, $XRP's market cap is still more than 15x bigger than that of $CC.
@kucoincom Can you please open trading to US traders ๐๐ป my token is making moves and I canโt even take a profit due to all the liquidity being on KuCoin ๐ญ
Now live on Kraken: $TX
@txEcosystem is the operating system for tokenized real-world assets.
@krakenfx is also joining the TX network as a validator to help secure the future of RWAs on-chain.
Trade now โ https://t.co/n6nKflIyPz
๐จNEW: @krakenfx, the U.S.โs second-largest crypto exchange, has just done something no other crypto firm has done before: secured coveted access to the Federal Reserve.
According to a report by the @WSJ released this morning, the exchangeโs banking arm, Kraken Financial, has been approved for a Federal Reserve master account by the Kansas City Fed, marking the first time a crypto-native company has gained direct, albeit limited, access to the Fedโs payments system. The approval comes five and a half years after Kraken filed its application with the Kansas City Fed in October 2020.
The account gives Kraken a direct line into the Fedโs payments rails, but not access to Federal Reserve lending facilities. Under the limited-purpose, or โskinny,โ master account framework floated by Fed Governor Christopher Waller, the firm can hold reserves and settle in central bank money, but it cannot lend, access the Fedโs discount window, or operate as a traditional commercial bank. Governor Waller is seeking to finalize his skinny master account proposal by the end of this year. The Kraken approval, sources tell me, is designed as a โpilotโ program to trial the skinny master account concept. The skinny master account is in line with payments-only accounts provided by central banks in the United Kingdom, the European Union and Switzerland.
The decision marks a historic shift for an industry long shut out of the traditional banking system and signals a softer tone at the Fed, which critics had previously described as hostile to crypto under the prior administration. The decision also impliedly recognizes that the Fed believes Kraken has sufficient anti-money laundering and sanctions compliance practices to curb illicit finance risk, and that Wyomingโs regulatory framework for special purpose depository institutions (SPDIs) is in line with Federal banking standards.
This could kick off a surge of Fed master account applications from other crypto firms. On the horizon: Wyomingโs @custodiabank, which has been chasing access nearly as long as Kraken and has been engaged in litigation against the Fed since 2022. @Anchorage, an OCC-regulated trust bank, and @Ripple's U.S. banking partner have also applied for master accounts.
More to come.
The Genius Act is being threatened and undermined by the Banks, and that is unacceptable โ We are not going to allow it. The U.S. needs to get Market Structure done, ASAP. Americans should earn more money on their money. The Banks are hitting record profits, and we are not going to allow them to undermine our powerful Crypto Agenda that will end up going to China, and other Countries if we donโt get The Clarity Act taken care of. The Genius Act was the U.S.A.โs first big step to make the United States the Crypto Capital of the World, and getting The Clarity Act done is the next step to finish the job and, most importantly, keep this big and powerful Industry in our Country. The Banks should not be trying to undercut The Genius Act, or hold The Clarity Act hostage. They need to make a good deal with the Crypto Industry because thatโs whatโs in best interest of the American People. This Industry cannot be taken from the People of America when it is so close to becoming truly successful. Thank you for your attention to this matter! President DONALD J. TRUMP
(TS: 03 Mar 17:02 ET)โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
An extremely pointed message from @POTUS to those who are dragging their feet on CLARITY.
This is, and always has been, about whatโs in the best interest of the American people.
@i_am_Bing_ No more coke?
Bro your mistaken
There will be more coming in than ever before due to the fact that everyone is going to try to become the next big drug lord
Stealth mode: off.
#Sologenic is stepping into the open with tx, as one aligned direction, uniting ecosystem and infrastructure around a shared vision for regulated RWAs.
Headquarted in the U.S. enabling distribution to global markets.
Today marks a turning point. Not just for our company, but for the future of tokenization.
If you believe in a world where everything can be owned, accessed, and invested on-chain, this is your moment.
Read the manifesto. Cast your vote.
https://t.co/cuolaUFsJG
https://t.co/xUEh1SKoRt
Activating the next phase: #Coreum to join tx.
A unified ecosystem, infrastructure, and marketplace for real-world assets, headquartered in the U.S. and supported by globally regulated partners.
Voting starts February 5th. Learn more at https://t.co/v7Jq45ct6z
tx is not a new product.
It is the consolidation of years of work into one platform that combines:
โข A purpose-built Layer-1
โข Embedded compliance logic
โข A regulated marketplace for real-world assets
tx is designed to support real markets, at real scale, from day one.