[europa7]

$9 trillion Charles Schwab survey finds 45% of respondents plan to invest in crypto ETFs
October 10, 2024
"...Millennials lead in diversifying ETF portfolios with increased crypto and tech investments..."
https://cryptobriefing.com/crypto-etf-investment-trends/

more signs of a growing market for digital assets...especially for the younger, tech-savvy generations...interesting...

Taiwan to trial crypto custody services through local banks in 2025
Oct 09, 2024
https://cointelegraph.com/news/taiwan-crypto-custody-trial-banks-institutions

"...Taiwan has emerged as one of the most innovative markets in Asia, especially in technology and finance. According to legal experts from Regulated United Europe, Taiwan doesn’t recognize cryptocurrency as legal tender, but its government allows and regulates investments in cryptocurrency, and the FSC is actively working to create clear rules for the nascent industry.

According to the World Blockchain Summit, Taiwan is potentially the “next major crypto market,” despite the government’s failure to pass any crypto-related legislation so far.

While Taiwan has been actively adopting crypto, its neighbor mainland China announced a major crackdown on cryptocurrency transactions in 2021..."

Thai SEC floats allowing crypto products in mutual, private funds
October 10, 2024
"...Thailand’s high-net-worth investors would get more access to crypto funds than retail investors under the proposed changes..."
https://cointelegraph.com/news/thai-sec-proposes-crypto-products-mutual-private-funds

"...Thailand’s Securities and Exchange Commission is proposing to allow mutual and private funds to invest in crypto products, addressing growing interest from institutional investors.

An Oct. 9 proposal from the finance regulator said that funds should be allowed to invest more in crypto exchange-traded funds (ETFs) traded and listed on United States stock exchanges.

The proposal would allow securities companies and asset management firms to offer crypto-related products to large investors.

“Investment tokens” will be included with the same investment ratios as transferable securities such as stocks and bonds “because they have similar characteristics and risks,” said SEC deputy secretary-general Anek Yooyuen told the Bangkok Post..."

[trunkmonk]

Japan is only the 4th largest economy in the world, about 4T floating around.

[europa7]

Japanese Financial Giant SBI Unveils NFTs On XRP Ledger And Polygon
October 8, 2024
https://bitcoinist.com/japanese-giant-sbi-nfts-xrp-ledger-polygon/

"...SBI Digital Community Co., Ltd., a subsidiary of Japan’s financial conglomerate SBI Holdings, has announced the public sale of its inaugural “Crypto Canvas Collection” NFTs on Polygon and the XRP Ledger. The sale is set to take place from October 12 to October 14, 2024, and will be conducted through “Bto3 ~ Web3 community ~,” a platform focused on Web3 initiatives operated by SBI Digital Community..."

https://www.sbigroup.co.jp/news/pr/2024/1003_14956.html

Ripple And SBI Digital Partner To Advance Web3 Via XRP Ledger
August 13, 2024
https://bitcoinist.com/ripple-sbi-digital-web3-xrp-ledger/

"...SBI Digital Community Co., Ltd., a SBI Group subsidiary, and Ripple Labs have announced a strategic partnership to promote the utilization of the XRP Ledger within the Web3 community. According to an official press release dated August 13, the collaboration will focus on integrating the XRP Ledger into “Bto3Web3 community”, a digital platform managed by SBI Digital Community, to enhance its functionality and broaden its appeal.

“The XRP Ledger is a layer 1 public blockchain developed to enable fast, low-cost, and sustainable payments. […] Through this strategic partnership, we will increase the opportunities for individual users to use the XRP Ledger through Bto3~Web3 community operated by SBI Digital Community, and work to popularize the XRP Ledger,” the statement reads..."

https://www.sbigroup.co.jp/news/pr/2024/0813_14845.html

interesting...see linked articles for more details...cheers

[europa7]

Ripple files notice of cross-appeal in SEC lawsuit
October 10, 2024
"...Ripple Labs' latest legal move could reshape US digital asset regulations..."
https://cryptobriefing.com/ripple-sec-appeal-case-2/

interesting developments...

Pro-XRP Lawyer Breaks Down Ripple’s Next Steps In SEC Appeal
October 10, 2024
https://bitcoinist.com/pro-xrp-lawyer-ripple-next-steps-sec-appeal/

"...In an interview on Crypto Law TV, attorney James Murphy, also known as “MetaLawMan,” sat down with host Kristi Warner to discuss the latest developments in the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). Murphy discussed the SEC’s recent appeal and the potential avenues Ripple might explore in response..."
***
XRP Lawsuit: Will Ripple Cross Appeal?
"...Murphy also discussed the reactions by CEO Brad Garlinghouse and CLO Stuart Alderoty hinting at a possible cross-appeal, as Bitcoinist reported. Murphy expressed strong support for this move, particularly concerning the classification of institutional sales as investment contracts.

“I’m a very big fan of bringing a cross-appeal in this case,” he asserted. Murphy argued that institutional buyers purchased XRP at wholesale prices for resale, akin to wholesalers buying commodities like oranges or diamonds -- not as investments in Ripple’s enterprise. “They were not investing in Ripple […] It’s not an investment contract,” he emphasized..."

Here’s why I think @Ripple should file a cross-appeal. 👇 https://t.co/2nm0A2bnRt

— MetaLawMan (@MetaLawMan) October 9, 2024

[europa7]

Ripple launches digital asset custody services for banks and fintech
October 10, 2024
"...Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business..."
https://cointelegraph.com/news/ripple-launches-digital-asset-custody-services

Ripple dives into crypto custody
"...The new features include integration with Ripple’s blockchain platform, the XRP Ledger, pre-configured operational and policy settings and Anti-Money Laundering risk monitoring. It also integrates a new user interface.

The move helps the company diversify its offerings beyond payment settlements. Apart from its XRP crypto asset, Ripple is known for its RippleNet platform, a distributed network that allows banks to share updates on the status of fund movements.

As more institutions eye digital asset investments, the demand for crypto custody grows. Custody service providers help institutions store their crypto by safeguarding their private keys. They also help customers trade and settle crypto payments, ensuring they comply with digital asset laws.

In a statement to CNBC, Ripple’s senior vice president of product, Aaron Slettehaugh, said that the new features expand Ripple Custody’s capabilities to serve fintech businesses with scalable digital asset custody.

The company also mentioned that custody is one of their fastest-growing businesses. The company said its custody arm enjoyed 250% year-on-year growth and now operates in seven countries..."

The Rise of Institutional Digital Asset Custody and Tokenization
December 20, 2023
https://mpcevent.com/the-rise-of-institutional-digital-asset-custody-and-tokenization/

What are digital assets and tokens?

"...When you think of a digital asset, you may picture cryptocurrencies like Bitcoin and Ethereum, or NFTs like those of Bored Ape Yacht Club. In reality, digital assets encompass much more. They are an emerging asset class that includes NFTs, crypto assets like digital currencies and stablecoins, and even central bank digital currencies (CBDCs). Real-world assets such as real estate, art, and precious metals can even become digital assets through the process of tokenization.

Tokenization simply means subdividing ownership of an asset, physical or digital, through digital tokens. These tokens can be traded and stored on a blockchain, and smart contracts help manage the fractionalized ownership rights. Tokenized versions of traditional financial products like equities, bonds, derivatives, and ETFs are also included in this new asset class..."

Derivatives body ISDA updates master agreement for tokenized collateral
January 3, 2024
https://www.ledgerinsights.com/isda-tokenized-collateral-derivatives/

"...The International Swaps and Derivatives Association (ISDA) has updated an annex to its master derivatives agreement to support the use of tokenized collateral. This step is important for the adoption of tokenization because of the massive size of the derivatives markets. The notional value of global derivatives is more than $700 trillion, although the gross market value is around $20 trillion.

Typically derivatives agreements require the parties to post margin, which can vary over time. Margin conventionally takes the form of bank balances, physical securities certificates, or assets held at a depository or custodian. ISDA has added clauses to support DLT-based cash and DLT securities..."

Ripple Integration With ISDA Ushers In $1.2 Quadrillion Market, Can XRP Breach $100?
January 2024
https://www.newsbtc.com/news/ripple-isda-xrp-100/

"...Earlier in August 2023, Ripple, a crypto payments solution, announced its membership with the International Swaps and Derivatives Association (ISDA). The strategic move came as a pleasant surprise to XRP community members, as it positioned XRP to fully partake in the massive $1.2 quadrillion derivatives market..."

interesting...institutional tokenized financial assets...derivatives market anyone?...very interesting...cheers

Ripple Custody for DeFi - Institutional Digital Asset Tokenization
https://ripple.com/solutions/digital-asset-custody/?utm_content=697835265791&utm_term=crypto%20custody&creative=697835265791&keyword=crypto%20custody&matchtype=p&network=g&device=c&utm_medium=ppc&utm_source=google&utm_term=crypto%20custody&utm_campaign=Custody-Search-Global-Non-Brand&hsa_acc=4920537092&hsa_cam=21239237194&hsa_grp=161750403339&hsa_ad=697835265791&hsa_src=g&hsa_tgt=kwd-559916726395&hsa_kw=crypto%20custody&hsa_mt=p&hsa_net=adwords&hsa_ver=3&gad_source=1&gclid=EAIaIQobChMIttTDrIeEiQMVCA-tBh1KfTSBEAMYAiAAEgKJ8fD_BwE

[weedtrader420]

Government is going to try to crash the crypto market🖕😎🖕

[weedtrader420]

Crazy how government is trying to sell bitcoin right before the elections. they know Donald’s going win,and he’s going to keep America’s bitcoin. he’ll just have to buy it back.

[trunkmonk]

the doubters and angry birds will perish once it hits 1 through 3+

[nowwhat2]

According to the host of Common Sense Crypto (CSC)
https://thecryptobasic.com/2024/10/08/pundit-says-ripples-true-development-plan-could-push-xrp-to-5-digits-details/

Common Sense Crypto ............ OMG

Back to the Future:: August 12, 2020
https://ripple.com/insights/back-to-the-future-an-interview-with-david-schwartz-and-stefan-thomas/


.

[europa7]

XRP Set to Disrupt Massive $5 Trillion Derivatives Market
October 9, 2024
https://www.tronweekly.com/xrp-set-disrupt-5-trillion-derivatives-market/

-- Ripple joined ISDA in August, sparking speculation about a move into the derivatives market.
-- Codius, a dormant smart contract platform, could be key to Ripple’s larger ambitions.
-- Ripple’s EVM sidechain could allow Ethereum-based smart contracts on the XRPL, further boosting XRP’s utility.

fascinating...a potential game changer?...see articles linked on the post for more details...curious how this might play out...cheers

Pundit Says Ripple’s True Development Plan Could Push XRP to 5 Digits: Details
October 8, 2024
https://thecryptobasic.com/2024/10/08/pundit-says-ripples-true-development-plan-could-push-xrp-to-5-digits-details/

Back to the Future: An Interview with David Schwartz and Stefan Thomas
August 12, 2020
https://ripple.com/insights/back-to-the-future-an-interview-with-david-schwartz-and-stefan-thomas/

"...On the latest episode of Block Stars, David Schwartz aka “JoelKatz” -- as he’s known online -- the creator of the XRP Ledger and current CTO of Ripple, sat down with Stefan Thomas, former CTO of Ripple and current CEO of Coil, to discuss the early days of blockchain, and their time working together on the XRP Ledger, Codius and Interledger Protocol (ILP)..."

Ripple Discontinues Smart Contract Platform Codius, Citing Small Market
Jun 24, 2015
https://bitcoinmagazine.com/business/ripple-discontinues-smart-contract-platform-codius-citing-small-market-1435182153

"...Ripple Labs, maintainer of the digital currency Ripple, has announced it will not continue the development of its smart contract project nearly a year after it was announced, saying the “small and nascent decentralization market” is too immature.

In a blog post, Ripple Labs CTO Stefan Thomas wrote that the company, which recently raised a $28 million funding round, has no plans to work on Codius, a platform that allows people to build distributed applications, and will instead build its own decentralized apps “manually.” He cited a lack of demand as the biggest reason why the project was closed.

“Codius is just a way to make decentralization easier," Thomas wrote, "it's an optimization, you don't need it,” but “If there is demand and corresponding supply there is an obvious incentive for somebody to capitalize on this opportunity.”..."

[europa7]

Wall Street Races to Launch Latest Cohort of Crypto-Spot ETFs
Bloomberg ~ Technology ~ October 8, 2024
https://www.bloomberg.com/news/articles/2024-10-08/wall-street-races-to-launch-latest-cohort-of-crypto-spot-etfs

-- Firms seek to debut exchange-traded funds tied to XRP token
-- Efforts come after regulatory clarity around Ripple Labs

"...The race to launch an exchange-traded fund tracking XRP, the seventh-largest digital token, has begun.

Canary Capital Group, a new digital asset-focused investment firm founded in September, submitted paperwork with the Securities and Exchange Commission Tuesday to launch the Canary XRP ETF. It comes just a week after Bitwise Asset Management Inc. became the first firm to file for an ETF tracking the token..."

a little buzz on wall street re XRP ETF...interesting...cheers

[europa7]

Ripple’s Brad Garlinghouse Observes Rising Institutional Demand for XRP As ETF Momentum Skyrockets
October 7, 2024
https://zycrypto.com/ripples-brad-garlinghouse-observes-rising-institutional-demand-for-xrp-as-etf-momentum-skyrockets/

Ripple Adoption Set To Boom As Canary Files For An XRP ETF
October 9, 2024
https://watcher.guru/news/ripple-adoption-set-to-boom-as-canary-files-for-an-xrp-etf

XRP ETF race heats up as Canary joins Bitwise in S-1 filing
October 9, 2024
https://ambcrypto.com/canary-joins-bitwise-in-the-xrp-etf-race-did-price-react/

interesting...

https://t.co/h6etwkp59c pic.twitter.com/1WiBNcIo7H

— Brad Garlinghouse (@bgarlinghouse) October 8, 2024

[europa7]

Canary Capital files for XRP ETF with SEC filing
October 8, 2024
"...Canary Capital files for XRP ETF with the SEC, following a similar move by Bitwise..."
https://cryptobriefing.com/canary-capital-xrp-etf-filing/

https://x.com/canaryfunds

interesting...looks like the customers are lining up for what Ripple/XRP is selling...a quality product...cheers

🚨NEW: Canary Capital has officially filed an S-1 with the @SECGov for an $XRP ETF.

Canary is a new #crypto investment firm launched by @ValkyrieFunds founder @stevenmcclurg.

“We're seeing encouraging signs of a more progressive regulatory environment coupled with growing… pic.twitter.com/GbLWQy5p7q

— Eleanor Terrett (@EleanorTerrett) October 8, 2024

[trunkmonk]

I’m just pushing his button. Can’t stand BS amateurs

[weedtrader420]

I’m holding a lot SHIBA, FERRARI Excepting & XRP, anything working with Ferrari is going up look at PLTR

[trunkmonk]

They didn’t really lose yet, did not get paid yet, they ARE still talking. Clouds pass, this WILL shine.

[trunkmonk]

Nah XRP is just fine. but Shiba is garbage and it’s showing.

[Golfbum22]

Trying too

But is losing in court badly

But you’re right

Xrp price would be a lot higher without his lawsuits and doing his tbtf banksters agenda

[weedtrader420]

He’s going to strengthen XRP🤑

[fnyack]

GG is killing XRP

[europa7]

Bitwise XRP ETF Incoming ~ Matt Hougan Interview
October 5, 2024
Paul Barron Network

"...Bitwise established the XRP ETF trust on the 30th of September 2024 with the Division of Corporations of the State of Delaware. Bitwise is moving towards bringing an XRP ETF that could change the crypto space forever..."

excellent interview imo...very interesting insights and positive vibes re the future of Ripple/XRP and the crypto space in general...enjoy...cheers

[Golfbum22]

Thx for the info

Philips would be great

Mnuchin is a GS snake and evil

Hope it’s not him again

[europa7]

Ripple's Craig Phillips potential connection to the 2025 Trump team...via former Treasury Secretary Steven Mnuchin...?? ...interesting possibilities imo...cheers...

Mnuchin Would Consider Serving Trump Again If He Wins
March 7, 2024
-- Former Treasury secretary now at Liberty Strategic Capital
-- Mnuchin says he recently talked economy, strategy with Trump
https://www.bloomberg.com/news/articles/2024-03-07/mnuchin-says-he-would-consider-serving-trump-if-he-wins-in-2024

"...Steven Mnuchin, who served as Treasury secretary under former President Donald Trump, would consider serving again if the presumptive Republican nominee wins a second term. “I have seen him recently and given him a bunch of views on the economy and some strategy issues,” Mnuchin said in a CNBC interview Thursday. “If the president called me up down the road, of course I would have to take that call and consider it, but it’s my current focus to build out this business.”..."

Mnuchin hire thrills Republicans
Mar 11, 2017
https://www.axios.com/2017/12/15/mnuchin-hire-thrills-republicans-1513300897

Craig Phillips’ Post
https://www.linkedin.com/posts/craig-phillips-1b230312_serving-the-treasury-and-secretary-mnuchin-activity-6546808837087854592-Ebgt
"...Serving the Treasury and Secretary Mnuchin has been an incredible honor and privilege. Our mission is made possible by the dedicated professionals that also serve and to whom I am greatly indebted. It will be a cherished memory and my final day was bittersweet. I am so proud of our work for the American people..."

Meet Craig Phillips, the Man in Charge of Trump’s Review of Wall Street Rules
April 24, 2017
"...Former BlackRock executive is helming the administration’s plan for financial deregulation..."
https://www.wsj.com/articles/meet-craig-phillips-the-man-in-charge-of-trumps-review-of-wall-street-rules-1493026201

Former Treasury department counselor joins Ripple’s board of directors
Oct 24, 2019
"...The blockchain project hopes that Craig Phillips, who was also managing director at BlackRock, will help increase its lobbying efforts..."
https://decrypt.co/10725/former-treasury-department-counselor-joins-ripples-board-of-directors

Craig Phillips Joins Ripple Board of Directors
October 22, 2019
"...Former Counselor to the Secretary at the U.S. Treasury Department will provide depth to Ripple’s policy leadership bench..."
https://www.businesswire.com/news/home/20191022005076/en/Craig-Phillips-Joins-Ripple-Board-of-Directors

Craig Phillips bio
https://gceps.princeton.edu/wp-content/uploads/2019/12/CraigSPhillips_Bio.pdf

To all who believe Trump was anti-crypto and knew nothing about it until 6 months ago because he’s just a “political opportunist”, you’ve 1) never read “The Art of War” 2) never read EO 13772 and 3) you don’t know shit about Trump, Political Warfare, the nature of the War he’s… pic.twitter.com/9p9hvfvgKx

— Rob Cunningham | KUWL.show (@KuwlShow) October 7, 2024

[europa7]

Ripple’s Stablecoin Test Leads To Token Burns, What Next For RLUSD?
October 8, 2024
https://coingape.com/ripples-stablecoin-test-leads-to-token-burns-what-next-for-rlusd/

[weedtrader420]

Who’s ever sells is a big dummy🤣😂🤣 you don’t sell XRP. bitcoin was once under $.50 once.😂🤣🔥👶🔥

[weedtrader420]

ELON said XRP ELECTRIC KINGDOM ✊😎🎺

[TheOTCstocksGuy]

Headed back under .50 again. Watch…

[weedtrader420]

BURN BABY BURN 🔥🌪️🔥

[weedtrader420]

XRP 👻👻👻 I’m Your Boogie man🎹

[weedtrader420]

WOOHOOOOOO WOOHOOOOOO 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑💦

[weedtrader420]

People are crazy Gary Gensler only filed a notice appeal, not the formal one yet. SEC & RIPPLE. looking to make settlement.

[europa7]

Robinhood CLO Poised To Replace SEC Chair Gensler Under Trump Presidency?
October 7, 2024
"...Robinhood CLO Dan Gallagher likely to replace SEC Chair Gary Gensler under a potential Donald Trump presidency, sparking hopes for a regulatory shift in the crypto market...
https://coingape.com/robinhood-clo-poised-to-replace-sec-chair-gensler-under-trump-presidency/

Robinhood CLO Likely To Replace Current US SEC Chair
***
"...A recent Politico report indicates that Dan Gallagher could potentially replace SEC Chair Gary Gensler. The rise of the Robinhood CLO as likely the next SEC Chair has sparked discussions in the crypto market over a potential shift in the regulatory landscape.

Besides, his candidacy has also gained notable traction, especially among Republicans and crypto market enthusiasts, who have long questioned the SEC’s motive under Gensler. In addition, Gallagher’s past experience as an SEC commissioner and his current role at Robinhood makes him a favorite among many in the financial sector. His legal expertise and political background also strengthen his position for the top SEC role.

Meanwhile, the report has cited a former senior SEC official who said that he is a “natural choice” for the role. Gallagher has previously voiced against the US SEC and Gensler’s policies, particularly in the crypto regulation space.

Like many, the Robinhood CLO believes that the agency’s regulatory approach towards digital assets lacks clarity. Besides, he said that a clear guideline tailored for the crypto sector could have helped in the sector’s innovation and growth. It also echoes the sentiment of many who anticipate Gensler to be fired soon..."

FMQ 2024: Crypto and the Financial Markets Panel Discussion
"...The Georgetown Psaros Center for Financial Markets and Policy hosted a Crypto and the Financial Markets Panel at the annual Financial Markets Quality (FMQ) Conference on September 17, 2024..."

Panelists include:
-Dan Gallagher (C'94), Chief Legal, Compliance and Corporate Affairs Officer, Robinhood
-Thomas Farley (C'97), Chief Executive Officer, Bullish
-David LaValle (C'99), Global Head of ETFs, Grayscale
-Stuart Alderoty, Chief Legal Officer, Ripple
-Sandra Waliczek (B'17 SFS'18), Blockchain and Digital Assets Lead, World Economic Forum
-Moderated by Mackenzie Sigalos, Tech Reporter, CNBC

interesting...

[fnyack]

XRP and it’s influencers are good at hyping, but after 3 yrs it’s a total disappointment, all because if GG, he needs to fired.