SEC Clarifies: “Tokens Sold in a Functioning Network Are Not Securities” – What Does This Mean For The Crypto Regulations?
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Visa and Mastercard are locked in a bidding war to purchase Ripple partner Earthport. Visa is the latest to up the ante, offering $319 million for the British cross-border payment company, Reuters reports.
Earthport partnered with Ripple in 2014 and has been rumored to be testing Ripple’s XRP-based xRapid for international payments, although there is no official confirmation.
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XRP Price Predicted to Rise as Binance Plans to Partner with Ripple
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Financial Giant Bringing , XRP, and Cash to 23 Million Clients, Sets March Launch Date for New Crypto Exchange
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Fidelity Investment Reported Crypto Custody Service Likely to Boost the Market
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My take:
There’s so much more news… but suffice it to say, 2019 is going to be a Great year (in m opinion… not financial advise).
What we need most is regulatory clarity and while lawmakers are looking over the proposed “Token Taxonomy Act,” (which might take some time to get approval), although the latest news from the SEC is very encouraging. XRP is NOT a security – that is Great to finally hear.
I think our time is coming. It’s been a long journey.. but the bulls are coming.
Please consider giving me a Like and or a follow is you feel this was helpful.
Hang in there and God Bless my crypto brethren.
Published at Sun, 10 Feb 2019 18:29:07 +0000
