OroGeorgio / Georgio Grescendo retweetledi
Thank you to my colleagues, Treasury, the White House, and members of the industry for your tireless efforts and partnership. Now let’s get the Clarity Act to the President’s desk!
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OroGeorgio / Georgio Grescendo
7.7K posts
OroGeorgio / Georgio Grescendo
@OroGeorgio
I write all the songs you hear here 3f. Made with love for you - Georgios. Listen, feel, share. All original music. Enjoy!
Baden-Baden, Deutschland Katılım Şubat 2021
545 Takip Edilen304 Takipçiler
OroGeorgio / Georgio Grescendo retweetledi
Congratulations to Chairman @SenatorTimScott and @BankingGOP for advancing the Clarity Act with bipartisan support.
I look forward to President @realDonaldTrump's signature & working with @ChairmanSelig to implement this legislation.
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OroGeorgio / Georgio Grescendo retweetledi
OroGeorgio / Georgio Grescendo retweetledi
100%
All roads lead back to Ripple’s North Star, $XRP.
Alexis Ohanian 🗽@alexisohanian
Every. Day. CEO’s responsibility is to communicate and re-communicate the North Star. Again and again 🤪
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OroGeorgio / Georgio Grescendo retweetledi
Yesterday, I celebrated 11 years at Ripple. Back then, I couldn’t have predicted that we’d still be fighting for regulatory clarity.
The fight has been worth it. After a day in DC having great conversations with @SenatorHagerty, @berniemoreno, @SenatorTimScott, @JohnBoozman and @patrickjwitt - and on stage at @Semafor World Economic Summit - I know we are closer than ever.
The CLARITY Act window is open. And now is our moment to act.
Semafor@semafor
"When people are at their peak frustration, that's when they finally compromise, and it gets done," @Ripple CEO @bgarlinghouse tells @JaxAlemany on his optimism for passage of the CLARITY Act. "I think we're there."
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OroGeorgio / Georgio Grescendo retweetledi
Ripple Treasury "formerly GTreasury" is an official member of the SWIFT Certified Partner Program.
What this means:
✅ Ripple Treasury connects directly to the SWIFT network.
✅ Corporate users can manage SWIFT messaging & blockchain-based liquidity XRP/RLUSD in one place.
✅ It’s not "replacing" SWIFT it’s integrating blockchain into the world’s largest financial messaging system for faster, hybrid settlement.
treasury.ripple.com/company/partne…
Chad Steingraber@ChadSteingraber
And then there is this. Ripple Treasury and XRP now connected DIRECTLY to SWIFT.✅ "Global bank connectivity and hosting options for SWIFT’s Alliance Lite2 platform. We have also partnered to offer SWIFTRef data for IBAN and ABA lookups directly from within Ripple Treasury’s workflow." "...accurately and securely communicate with their banks through any possible channel such as SWIFT, EBICS, SFTP, APIs or any alternative network."
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The European Commission got hacked (as confirmed by them). Expect some juicy documents and emails. All the Ukraine dirt will come out?
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OroGeorgio / Georgio Grescendo retweetledi
🚨NEW: New details are emerging about the latest legislative text outlining a compromise on stablecoin yield and rewards, along with early reactions from crypto industry leaders who reviewed it today.
According to an internal stakeholder email shared with me, the proposal would prohibit platforms from offering yield “directly or indirectly” for holding a stablecoin or in a manner that resembles a bank deposit. The restriction would apply broadly to digital asset service providers (exchanges, brokers, etc.) and their affiliates to limit workarounds, and would bar anything “economically or functionally equivalent” to interest.
The proposal would also permit activity-based rewards tied to user activity, including loyalty, promotional, or subscription programs, provided they are not deemed economically or functionally equivalent to interest. It would also direct the @SECGov, @CFTC, and @USTreasury to jointly define permissible rewards and establish anti-evasion rules within one year.
One industry leader who reviewed the text today tells me the draft is a “departure” from what had been previously discussed with the White House, warning the “economic equivalence” standard is vague and could be interpreted more restrictively by future regulators. They also point to limits on tying rewards to balances or transaction amounts, which could make incentives difficult to structure.
“Overall, this is a more narrow and restrictive approach toward crypto,” they said.
Another says the text is “largely in line with expectations” and reflects a balanced outcome, preserving transaction-based incentives while making clear stablecoins cannot function like interest-bearing deposit accounts.
“This is the best possible result,” they said, noting that the text is broader than the initial Tillis-Alsobrooks proposal, which would have been more restrictive on crypto.
Up next: Bank reps are set to review the text tomorrow.
Eleanor Terrett@EleanorTerrett
🚨🗞️NEW: Crypto and Bank Reps Head to Capitol Hill to Review Stablecoin Deal as Details Remain Under Wraps Some crypto industry leaders will meet with @BankingGOP today, with banks set for tomorrow, to review the product of a long-awaited compromise. cryptoinamerica.com/p/crypto-and-b…
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OroGeorgio / Georgio Grescendo retweetledi
The "Golden Age" of Crypto Rules.
SEC Chairman Paul Atkins and CFTC Chairman Michael Selig have officially unveiled a unified regulatory framework.
• Clarity at Last: Most digital assets including #XRP, #Bitcoin, and #Ethereum are officially classified as commodities, not securities.
• No More Limbo: The new "Token Taxonomy" ends a decade of uncertainty, paving the way for US innovation to flourish.
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OroGeorgio / Georgio Grescendo retweetledi
$ADA has been classified as a digital commodity by the SEC and CFTC.
A meaningful development for the Cardano ecosystem and for the broader digital asset industry.
U.S. Securities and Exchange Commission@SECGov
TODAY 🚨: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets. This is a major step to provide greater clarity regarding the Commission’s treatment of crypto assets. Read the release here: ow.ly/XhhV50YvxvO
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OroGeorgio / Georgio Grescendo retweetledi
How we Howey and other Commission interpretive positions on crypto: sec.gov/files/rules/in…
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OroGeorgio / Georgio Grescendo retweetledi
After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding of how the SEC treats crypto assets under federal securities laws.
This is what regulatory agencies are supposed to do: draw clear lines in clear terms.
U.S. Securities and Exchange Commission@SECGov
TODAY 🚨: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets. This is a major step to provide greater clarity regarding the Commission’s treatment of crypto assets. Read the release here: ow.ly/XhhV50YvxvO
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OroGeorgio / Georgio Grescendo retweetledi
OroGeorgio / Georgio Grescendo retweetledi
Hey guys! ☺️ Some have been asking for my projections for the next cycles on #XRP . Thought I would share it with all of you.
Keep in mind that I measured for price only, NOT time. I used only the textbook/conservative targets and as the cycles develop, each of these targets will be adjusted with the actuals. (I deleted a lot of my work so that you're able to read the prices.)
This is how many MACRO cycles it could take before #XRP breaks $100. Many waves, many corrections, many years. #Ripple
Cycle 1 top: $3.65 ✅
Cycle 2 top: ~$8.68
Cycle 3 top: ~$22.50
Cycle 4 top: ~$59
Cycle 5 top: ~$153
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OroGeorgio / Georgio Grescendo retweetledi
🇺🇸 BREAKING: U.S. DEPT OF TREASURY BLUEPRINT CONFIRMS PROGRAMMABLE FINANCIAL SYSTEM
34 new pages. Mandated by GENIUS Act:
AI. Digital ID. Blockchain analytics. APIs. DeFi.
• @Ripple $XRP: AI for real-time liquidity
• @Solana $SOL: 10x RWA growth in one year
• Bank of Japan: blockchain settlements live
• Banks suing regulators over crypto licenses
• Emtech's @CarmelleCadet predicts the future.
U.S. Dept. of Treasury knows what is coming.
99% of the world has no clue.....
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OroGeorgio / Georgio Grescendo retweetledi
Free Speech Victory In Germany After Top Court Issues Landmark Rulings For 'Insults' zerohedge.com/geopolitical/f…
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JUST IN: Michael Saylor says Bitcoin is either going to zero or $1 million.
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so there’s a chance it’s going to zero
Michael Saylor@saylor
If it’s not going to zero, it’s going to a million. $BTC
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OroGeorgio / Georgio Grescendo retweetledi
This is another terrific step in the right direction from our team in the Division of Trading and Markets to remove barriers and unlock access to on-chain markets.
U.S. Securities and Exchange Commission@SECGov
Yesterday, the Division of Trading and Markets issued an FAQ confirming that staff would not object if a broker-dealer were to apply a 2% haircut on proprietary positions in payment stablecoins when calculating its net capital. Link to the FAQ ➡️ sec.gov/rules-regulati…
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