The last major financial regulation bill was passed 15 years ago in response to the 2008 financial crisis.
Tomorrow, the signing of the GENIUS Act cements the US’s future in being a leader in truly innovative financial technology – stablecoins. This moment is a historic one, and I, for one, am looking forward to all that is to come as a result of this transformational legislation.
Thank you to the bipartisan leaders that got it done – @RepFrenchHill, @GOPMajorityWhip, @CongressmanGT, @RepAngieCraig, @RepDustyJohnson, @RepDonDavis, @RepBryanSteil, @RepRitchie, @SpeakerJohnson, and @RepJoshG.
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
The future is bright. Let's build.
For far too long, certain industries and American consumers have been left in the dark.
That changes today with the GENIUS Act – a bipartisan step forward that will provide regulatory clarity for payment stablecoins.
@xrpmickle@xrpmickle on your latest vid
let’s think this over I’m sure all your big industry players where betting there money on btc being in the reserve
Once trump came out with a tweet
Stating xrp sol and Ada that shock up some conflict
for him to come back with btc and eth also
🚨NEW: The updated text of @SenatorHagerty’s stablecoin bill - the GENIUS ACT - has dropped.
Skimming through the PDF and noticed the section on ‘Reciprocity for Payment Stablecoins Issued in Overseas Jurisdictions’ has been expanded beyond the February text to include “reserve requirements, supervision, anti-money laundering and counter-terrorism features, sanctions compliance standards, liquidity requirements, and risk management standards, to facilitate international transactions and interoperability with United States dollar-denominated payment stablecoins issued overseas.”
JUST IN: 🇺🇸 @patrickbetdavid RELEASES NEW VIDEO EXPLAINING U.S. CRYPTO RESERVE INVOLVING $BTC & $XRP!
“Trump Announces U.S. Crypto Reserve: How Will Bitcoin, XRP or Ethereum be Used?” - @valuetainment
Many retail see XRP as a speculative investment. But the user case is diverse;-
Cross Border Payments
Foreign Exchange
Bank and financial institutions settlement asset
Decentralised Finance &tokenisation of assets
Securities and Capital Market tokenisation
$15,000 is realistic