In recent months there was a lot of diffrent speculations regarding
XRPUSD
and its classification. Should it be clasificated as a currency, commodity or security. Even though
XRPUSD
is going to be stated as a security that is good and at least we know where we stand now. SEC chairman stated that raising capital to fund projects are a securities (Ripple issuing XRPs and has an ongoing ICO).
Thats a good thing, now that we know regulation, the next move is institutional investors coming in with their big bags of money therefore raising value of
XRPUSD
. But before that happens there should be some downside because not all people are aware that stating XRP as a security is a good thing.
twitter.com/BankXRP/.../1022243180102787073
Furthermore we have some news from Japan. SBI VC has started to send out the famous post cards to the new customers, and this is a part of their standard KYC process. They will be able to start trading soon. That can be a breaking point we have been all waiting on.
twitter.com/crypto__.../1022077303742902274
XRPUSD
and its classification. Should it be clasificated as a currency, commodity or security. Even though
XRPUSD
is going to be stated as a security that is good and at least we know where we stand now. SEC chairman stated that raising capital to fund projects are a securities (Ripple issuing XRPs and has an ongoing ICO). Thats a good thing, now that we know regulation, the next move is institutional investors coming in with their big bags of money therefore raising value of
XRPUSD
. But before that happens there should be some downside because not all people are aware that stating XRP as a security is a good thing. twitter.com/BankXRP/.../1022243180102787073
Furthermore we have some news from Japan. SBI VC has started to send out the famous post cards to the new customers, and this is a part of their standard KYC process. They will be able to start trading soon. That can be a breaking point we have been all waiting on.
twitter.com/crypto__.../1022077303742902274
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Price is in the buy zone, accumulate as much as possible.
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