Investment fund CEOs: XRP is digital fiat, not real cryptocurrency

2018-7-20 10:46

In the lead-up to the US Securities and Exchange Commission’s (SEC) critical decision on whether digital tokens are securities, CEOs of digital asset investment firms are really giving it to Ripple’s native cryptocurrency, XRP – claiming it’s really just digital fiat.

Most of the criticism centers on the role the centralized nature of the XRP tokens distribution model plays in its eventual classification. The collective pooling of investments – with an intention of monetary gain from the efforts of others – is central to the definition of a security, and the SEC has already deemed that ‘initial coin offerings’ (ICOs)…

This story continues at The Next Web

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Digital Rupees (DRS) на Currencies.ru

$ 6.38E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $6.38E-5 - H: $6.38E-5
Капитализация $32.611k Rank 99999
Цена в час новости $ 0.00014837 (-57%)

digital xrp sec investment securities really tokens

digital xrp → Результатов: 64


Bitrue Reaps the Rewards of Putting XRP at the Center of its Digital Assets Platform

Singapore-based digital assets exchange Bitrue has found success by putting the digital asset XRP at the center of its trading platform. The asset is used by Ripple’s payment network to facilitate low-cost, same-day cross-border transactions and Bitrue believes that XRP’s growing utility among businesses and individuals will bring more users to its exchange.

2020-5-15 21:14


Фото:

Western Union Blockchain Patent, What Does This Mean For Ripple XRP

In February of this year, Western Union CEO Hikmet Ersek confirmed that his company was indeed experimenting with Ripple’s products for settling transactions and capital optimisation. This came a month after Ripple, which is striving to become the top-name in global money transfers, announced several high-profile partnerships including the potential tie in with Western Union’s rival, Moneygram.

2018-7-16 06:00


NDAX теперь поддерживает Ripple (XRP)

Новая канадская криптвоалютная биржа, National Digital Asset Exchange (NDAX), объявила о своих планах по началу поддержки торговли токеном XRP. Биржа будет принимать фиатные деньги, а до конца года совершение депозитов будет бесплатным

2018-7-14 18:51


Grayscale Investments представила квартальный отчет для Digital Large Cap Fund

Инвестиционная компания Барри Силберта Grayscale Investments представила квартальный отчет для одного из своих фондов, ориентированного на институциональных инвесторов — Digital Large Cap Fund.

2018-7-10 16:19


The Difference Between Ripple and XRP

To help clarify how Ripple, the technology company, and XRP, the independent digital asset, are distinctly different, we’ve outlined in a simple infographic the most frequently asked questions related to the two: What is it? How is one related to each other? Who controls whether it succeeds or fails? Who uses it? Who owns it? … Continued The post The Difference Between Ripple and XRP appeared first on Ripple.

2018-7-10 21:43