The Feds Are Giving You 2 Reasons To Be Bullish Ab
Post# of 1861
"..A few days ago, Global Coin Report highlighted the case for Ripple (XRP) being classified as NOT being a security with the recent decision on Ethereum (ETH) by the SEC regarding the same. This means that it might be a matter of time before the SEC declare XRP as not being within its regulatory reach. In the statement, William Hinman, Director of the SEC’s Division of Corporate Finance, said that:
“When we think about how ether today is operating, at least, we see a highly decentralized network, not the type of centralized actor that characterizes securities offerings. In its current state, we don’t see value regulating it.”
This statement by an SEC official is the first reason why the Feds are giving you a reason to be bullish about XRP. XRP is purely decentralized and a separate entity from the parent company of Ripple.."
Read More...
https://globalcoinreport.com/the-feds-are-giv...ipple-xrp/
Ripple XRP Partner Has Launched In The UK
"..Southeast Asia’s leading virtual cross-border currency transfer service provider InstaReM, has now launched in Europe with its main operation being headquartered in London.
The European market approach by InstaReM is aimed to ‘bottom out’ the market and name itself as “price champion”, just as it achieved a similar accolade following the companies launch in Southeast Asia in 2014.
InstaReM predict that the dominance they have in the Southeast Asian market will give them a leg up as well as a cost advantage over the competition in European, for transfers from Europe to the Asian markets. The company has predicted that the transfers to these markets make up for over a third of all UK cross-border transfers, the company has a powerful lead on its competitors here as well.."
Read More...
https://cryptodaily.co.uk/2018/06/ripple-xrp-...in-the-uk/
CEO of UBS: Blockchain Will Transform Cost Base of Financial Services Industry