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For the business model of remittances and being a competitor to the likes of. If XRP were a security its not they would trade it on a securities exchange TD Ameritrade E-trade etc. XRP is dependent on a single team and partnerships. Remember Nasdaq stated they would be interested in becoming a crypto exchange. If the SEC wins XRP will suffer potentially die.
What Happens If Xrp Is A Security. 21072019 If XRP is deemed to be an unregistered security then past sales of XRP can be viewed as violations of the Securities Act. 2 now the good news. Garlinghouse went on to state that if the SEC deems XRP a security US citizens would require a broker-dealer license to trade the crypto. XRP is dependent on a single team and partnerships.
Running Through Coinbase With My Woes Crypto Xrp Ripple Ripple Thriller Instagram From fi.pinterest.com
The Ripple CEO asserted that in any case even if XRP was classified as a security under US regulations RippleNets customers are primarily out of the United States He gave a ballpark figure and said that more than 90 of RippleNet clients were located in other regions of the world. Even if XRP is a security in the US Ripple will thrive. Garlinghouse went on to state that if the SEC deems XRP a security US citizens would require a broker-dealer license to trade the crypto. Moreover this would also include the firm itself since there are several companies that use Ripples ODL service to. Bitcoin does not have a CEO does not have people working for it. This is why one is considered a commodity and the other a security.
This would mean Ripple would register as a SEC co.
So most likely they will argue that in court and probably end up. If there can be good news off this outcome. 29042019 If XRP was classified as a security than Ripple would be beholden to its shareholders anyone that owned XRP would own a share of Ripple the company. Garlinghouse went on to state that if the SEC deems XRP a security US citizens would require a broker-dealer license to trade the crypto. Even if XRP is a security in the US Ripple will thrive. The Ripple CEO asserted that in any case even if XRP was classified as a security under US regulations RippleNets customers are primarily out of the United States He gave a ballpark figure and said that more than 90 of RippleNet clients were located in other regions of the world.
Source: crypto-news-flash.com
Bitcoin does not have a CEO does not have people working for it. If XRP is deemed a security which it wont then there will be the Ripple securities and XRP as securities for Ripple. Again the SEC isnt calling XRP a security or claiming that exchanges or buyers are committing a crime by selling or trading it. Not that they should have registered XRP as a security. XRP is not a security so it will be traded on crypto currency exchanges Kraken Binance etc.
Source: blockchain.news
Garlinghouse went on to state that if the SEC deems XRP a security US citizens would require a broker-dealer license to trade the crypto. They are claiming that Ripple and its CEOs should have known that sales done by them would be considered security sales even though the SEC has been forced to admit they have not declared XRP a. Again the SEC isnt calling XRP a security or claiming that exchanges or buyers are committing a crime by selling or trading it. Moreover this would also include the firm itself since there are several companies that use Ripples ODL service to. Even if XRP is a security in the US Ripple will thrive.
Source: pinterest.com
In the best case scenario and classify XRP as a security in the United States. Not that they should have registered XRP as a security. I dont think there can be two securities for the same company. On the change that the ruling comes down that XRP is deemed a security what happens to all the tokens that people are holding. So most likely they will argue that in court and probably end up.
Source: pinterest.com
If XRP were a security its not they would trade it on a securities exchange TD Ameritrade E-trade etc. 26112020 On a recent podcast with Anthony Pompliano of Morgan Creek Digital Ripple CEO Brad Garlinghouse spoke about a dystopian scenario in which XRP is declared a security by the SEC which many believe would be the death knell for. If XRP is deemed a security which it wont then there will be the Ripple securities and XRP as securities for Ripple. Bitcoin is dependent on voluntary work from developers all over the world. This is why one is considered a commodity and the other a security.
Source: pinterest.com
If XRP were a security its not they would trade it on a securities exchange TD Ameritrade E-trade etc. 21072019 If XRP is deemed to be an unregistered security then past sales of XRP can be viewed as violations of the Securities Act. So most likely they will argue that in court and probably end up. XRP is dependent on a single team and partnerships. 26112020 On a recent podcast with Anthony Pompliano of Morgan Creek Digital Ripple CEO Brad Garlinghouse spoke about a dystopian scenario in which XRP is declared a security by the SEC which many believe would be the death knell for.
Source:
This is why one is considered a commodity and the other a security. Moreover this would also include the firm itself since there are several companies that use Ripples ODL service to. Again the SEC isnt calling XRP a security or claiming that exchanges or buyers are committing a crime by selling or trading it. Not that they should have registered XRP as a security. In the best case scenario and classify XRP as a security in the United States.
Source: pinterest.com
If the SEC wins XRP will suffer potentially die. Bitcoin does not have a CEO does not have people working for it. If XRP is deemed a security which it wont then there will be the Ripple securities and XRP as securities for Ripple. 27112020 Even if XRP is a security in the US Ripple will thrive. In this case purchasing XRP the digital.
Source: medium.com
So most likely they will argue that in court and probably end up. This would mean Ripple would register as a SEC co. So most likely they will argue that in court and probably end up. XRP is dependent on a single team and partnerships. 2 now the good news.
Source: pinterest.com
Xrp will likely drop with this news. If the SEC wins XRP will suffer potentially die. The Ripple CEO asserted that in any case even if XRP was classified as a security under US regulations RippleNets customers are primarily out of the United States He gave a ballpark figure and said that more than 90 of RippleNet clients were located in other regions of the world. This would mean Ripple would register as a SEC co. 21072019 If XRP is deemed to be an unregistered security then past sales of XRP can be viewed as violations of the Securities Act.
Source: fi.pinterest.com
Garlinghouse went on to state that if the SEC deems XRP a security US citizens would require a broker-dealer license to trade the crypto. 24122020 Another effect that will come into play from this lawsuit is that if in fact XRP has been a security that has been trading on the market for the past 8 years it would further push the burdens of due diligence on exchanges according to Hoskinson. Xrp will likely drop with this news. This would mean Ripple would register as a SEC co. 27112020 Even if XRP is a security in the US Ripple will thrive.
Source: pinterest.com
29042019 If XRP was classified as a security than Ripple would be beholden to its shareholders anyone that owned XRP would own a share of Ripple the company. The biggest regulatory event in the history of the industry would. They are claiming that Ripple and its CEOs should have known that sales done by them would be considered security sales even though the SEC has been forced to admit they have not declared XRP a. 29042019 If XRP was classified as a security than Ripple would be beholden to its shareholders anyone that owned XRP would own a share of Ripple the company. To institutional investors either way they will trade it it just depends on which exchange they trade it on.
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