👑🌐 4 REASONS WHY COMPANIES TRUST @RIPPLE
✅ 100+ Partners @Tranglo has gained through Ripple’s global network
✅ $25M Money saved by #Sentbe customers on FX conversion and transaction fees
✅ <10 sec Amount of time it takes to make a payment with @ModulrFinance
✅ 98% Savings on domestic transfer rates for @NiumGlobal customers
SOURCE: ripple.com/customers/
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🔎 INSIGHT: The Aptos blockchain achieves high throughput and low latency, processing approximately 160,000 transactions per second and validating them in under one second.
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BRICS has reached an agreement on its new trade system.👀
The new BRICS Pay system may be revealed at the upcoming BRICS Summit after all.🙇♂️
Blockchain-based system.
Documents have indicated that this was likely to happen.👇
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TOMORROW: Our Head of Product & Research, @Ray_scale, will be speaking on @Ripple Swell panel, The Convergence of #Blockchain Technology and #AI.
Learn more: ripple.com/events/swell/a…
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🇺🇸🏦 THE FEDERAL RESERVE BANK OF PHILADELPHIA INVITED @RIPPLE'S BRAD GARLINGHOUSE AND CHRIS LAERSEN AS SPEAKER TO THE "EIGHT ANNUAL FINTECH CONFERENCE"
TOPICS:
➡️ RWAs TOKENIZATION
➡️ TOKENIZED DEPOSITS
➡️ BANKING AS-A-SERVICE
➡️ THE POTENTIAL ROLE OF FINTECH IN SHAPING THE FUTURE OF FINANCE
@bgarlinghouse @chrislarsensf #XRPL #XRP #RLUSD
SOURCE: web.cvent.com/event/932a3724…
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#XRP #XRPcommunity
FYI re: Ripple V. SEC...
After the appeal is docketed, the clerk refers the case to the CAMP office for the scheduling of a settlement conference. The conference takes place in the CAMP office or by telephone. Counsel must consult with the client in advance of the conference and obtain as much authority as possible to settle the case. Counsel’s appearance at the conference is required, and counsel must be prepared to discuss the legal, factual, and procedural issues in depth. An attorney or client who fails to participate in the conference process in good faith may be sanctioned by the Court.
We’re launching new features for Ripple Custody, bringing bank-grade custody solutions to fintech and crypto businesses.
📶 Simplified onboarding
↔️#XRPL tokenization & DEX support
➡️ Pre-configured policy frameworks
▶️ R/T compliance monitoring
↗️ New UI
Ripple Custody is the de facto tech used by the biggest banks in the world incl. DBS, SocGen – FORGE, and BBVA. Now, we’re adding pre-configured operational & policy frameworks, additional HSM options, XRPL fungible token support and compliance services via @elliptic – bringing this enterprise-grade product to crypto businesses.
Whether you’re a big bank or a nimble fintech – to offer crypto services to your customers, you need top tier custody technology. And for that, Ripple Custody delivers.
🚨#BreakingNews 🚨 THE TOTAL COLLAPSE OF THE #SEC ? #Crypto Giants #Ripple, #Coinbase, and #Bitnomial Unite to Shatter Its Authority‼️⚠️
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⚠️ In what could spell the downfall of the SEC’s dominance over the crypto space, Ripple, Coinbase, and Bitnomial have launched an aggressive offensive. Bitnomial has sued the SEC, accusing it of overstepping its bounds by claiming XRP is a security, a classification that Bitnomial argues should fall under the CFTC as a commodity. Meanwhile, Ripple and Coinbase have joined forces in a high-stakes appeal to the 2nd Circuit, seeking to dismantle the SEC’s approach to regulating crypto assets.
With accusations flying of stifling innovation, blocking market expansion, and overstepping its authority, the SEC is facing the most coordinated and potent pushback from the crypto world to date. These lawsuits are more than just legal battles—they are an all-out war to curb the SEC’s unchecked influence and reshape the future of digital asset regulation in the U.S. The coming months could mark the beginning of the end for the SEC’s reign over crypto, with rulings that will redefine the industry’s regulatory landscape. #Ripple #collapse #Coinbase #CryptoAnalytics #cryptomarket #CryptoNews #XRPArmy #XRPCommunity
The Quantum Financial System is coming, XRP and XLM - digital assets are here to stay and nothing can change that.
For those still asleep, it is time to wake up!
It isn’t about changing currencies but Revolutionizing Central banking.
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Ripple's case is over, but the 'fair notice' defense is still alive for others. The SEC cites the 2017 DAO report as industry notice that 'crypto asset securities' are subject to US securities laws. Seven years later, the SEC apologizes to a federal judge—surely a person of at least ‘ordinary intelligence'—for the confusion it invited by using the inherently unclear term.
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A few of my favorite 2nd Circuit Court of Appeals quotes from the last time the SEC stuck its hand into that appellate buzz saw. [SEC v Govil]
1. "We do not agree with the SEC."
2. "We are not persuaded" by the SEC's arguments.
3. "The SEC's counterarguments are unavailing."
"All the above": (a) The 90s internet boom had the "dot.com bubble"; (b) Railroads had the "Panic of 1873"; and crypto was marked, most notably, by FTX.
A new low for a renegade agency many thought couldn't sink further.
The SEC now believes it can operate above the law, ignoring a Court's ruling that XRP isn't a security.
Team Ripple will be watching closely and weighing our own options to hold the SEC accountable.
If this were a law school blue book exam, the hypothetical scenario would be: A regulatory agency loses in court but still threatens enforcement to pressure compliance, raising major constitutional concerns and further compromising the legitimacy of the agency.
The SEC lost on all key points—that’s why they appealed. Today, Ripple filed a cross-appeal to ensure nothing’s left on the table, including the argument that there can’t be an "investment contract" without there being essential rights and obligations found in a contract.
Last year, the SEC unsuccessfully tried to take an early appeal of the rulings that Ripple’s XRP sales on exchanges and Ripple’s other XRP distributions, like to employees and developers, weren’t securities. They’ll likely go after these again - and they will lose on both again.
Importantly, the SEC has already said they aren’t appealing the ruling that XRP itself isn’t a security. (They even apologized in another case for suggesting a token itself could be a security!) That’s the law, and an appeal on these other issues doesn’t change it.
My favorite scene in The Bronx Tale is when the motorcycle gang bullies their way into the local bar. When they refuse to leave the boss calmly locks the door, says “Now yous can’t leave,” and then proceeds to annihilate the gang.
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Notes by Bgarlinghouse | export