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Ripple XRP: U.S. Congress Man Says “Most Cryptocurrencies Are NOT Securities”

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PLEASE NOTE:

I AM NOT A FINANCIAL ADVISOR. THIS VIDEO REFLECTS MY OPINION ONLY. IT IS NOT TO BE CONSIDERED FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING YOUR MONEY.

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Resources:

US Congressman: Most Cryptocurrencies Are Not Securities, They Don’t Require SEC Regulation
https://thetokenist.io/us-congressman-most-cryptocurrencies-are-not-securities-they-dont-require-sec-regulation/

Daily XRP News
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10 Comments

  1. Getting real tired of US law-makers not giving clarity on crypto; XRP in particular. XRP is primed and ready to roll and can meet real world demand unlike it's POW brothers. RippleNet partners are sitting there reving their engines, waiting for the green light. Either there's some BTC-maxi whales in government agencies that are pulling a coinbase on XRP or they're trying to continue the practice offsourceing all US business to China, like they've been doing to us for the past decade.

    Ryan Zigone was a pimp today and I hope Ripple continues calling out the SEC and other agencies for market manipulation because that's exactly what it is. I thought at first that Ripple was stalling for wallstreet but it's apparent now that regulators are the ones neutering Ripple/XRP.

    Hopefully now that our bloated, bureaucratic swamp is on indefinite hiatus, the president can get something done and write an executive order giving the thumbs up for corporations to use crypto. That or hopefully RippleNet partners just say to hell with it and just start doing business without the blessing from regulators.

  2. Freedom means if it's not illegal then it's legal. Slavery is doing nothing because you have to ask permission first. Sure, protection is sometimes needed. That's what Congress is for. The agencies In The executive branch should not be allowed to make, interpret and enforce their own scriblings.

  3. Ever wonder that rich people will keep the price down like they did for 2018. So all crypto will stuck with the current price lets say for next 20 years. Is that a possibility?

  4. I get the impression that US regulators are struggling with where xrp sits in this whole DA definition conundrum, given xrp use case, utility. Makes it a very different asset than all the others. Maybe my perspective is a tad naive and/or narrow minded. I believe regulators are taking time to ensure they set themselves up to take as much from the crypto world to fill those coffers that are becoming deeper by the day.

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