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regulatoryrumble

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MayaWalk
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🚀 XRP as an Official State Currency? What's Really Going On? 🚀 I came across an interesting discussion — there’s an idea being floated about making $XRP  an official state currency in the U.S. Sounds ambitious, but let’s break it down. 👇 🔥 Why XRP? The proposal claims that using XRP could unlock $1.5 trillion from global Nostro accounts, boosting liquidity and cutting transaction costs. Replacing SWIFT with XRP could supposedly save the U.S. 7,5 billion annually. There's even an idea to use XRP for tax payments and social benefits, which could save around $500 billion over the next decade. 🏛️ Regulatory Angle The document suggests issuing an executive order to classify XRP as a commodity, aiming to remove legal barriers for its adoption. ⚠️ But There Are Key Details This is just a private proposal, not an official SEC decision. Implementing such changes would require significant regulatory approval and adjustments in legislation. 📈 XRP Current Price Currently, XRP is trading at 2,33$ , and the market is watching the developments closely. #RippleUpdate #CryptoDayTrading #RegulatoryRumble #XRPPredictions
🚀 XRP as an Official State Currency? What's Really Going On? 🚀

I came across an interesting discussion — there’s an idea being floated about making $XRP  an official state currency in the U.S. Sounds ambitious, but let’s break it down. 👇

🔥 Why XRP?
The proposal claims that using XRP could unlock $1.5 trillion from global Nostro accounts, boosting liquidity and cutting transaction costs.
Replacing SWIFT with XRP could supposedly save the U.S. 7,5 billion annually.
There's even an idea to use XRP for tax payments and social benefits, which could save around $500 billion over the next decade.

🏛️ Regulatory Angle
The document suggests issuing an executive order to classify XRP as a commodity, aiming to remove legal barriers for its adoption.

⚠️ But There Are Key Details
This is just a private proposal, not an official SEC decision.
Implementing such changes would require significant regulatory approval and adjustments in legislation.

📈 XRP Current Price
Currently, XRP is trading at 2,33$ , and the market is watching the developments closely.
#RippleUpdate #CryptoDayTrading #RegulatoryRumble
#XRPPredictions
#SECxCFTCCryptoCollab 🧠 SEC + CFTC be like: “Let’s regulate crypto together!” Crypto Twitter: “So... are meme coins finally safe or just meme-tier regulated?” 📉 Market: Instantly drops $162B 👀 Retail traders: “Wait, was that bullish or bearish?” $BTC {future}(BTCUSDT) #RegulatoryRumble
#SECxCFTCCryptoCollab

🧠 SEC + CFTC be like: “Let’s regulate crypto together!”
Crypto Twitter: “So... are meme coins finally safe or just meme-tier regulated?”

📉 Market: Instantly drops $162B
👀 Retail traders: “Wait, was that bullish or bearish?”
$BTC

#RegulatoryRumble
Media: Turkey will give the regulator the authority to block crypto accounts Bloomberg reports that the Turkish authorities are preparing a bill that will give the local financial regulator MASAK the right to block bank and crypto accounts, freeze transactions and blacklist suspicious addresses. The main focus is the fight against "leased accounts" through which illegal gambling and fraudulent schemes pass. Strict KYC/AML rules and limits on stablecoins will also be introduced for crypto exchanges.#turkey #BTC #stablecoin #RegulatoryRumble $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)
Media: Turkey will give the regulator the authority to block crypto accounts

Bloomberg reports that the Turkish authorities are preparing a bill that will give the local financial regulator MASAK the right to block bank and crypto accounts, freeze transactions and blacklist suspicious addresses.

The main focus is the fight against "leased accounts" through which illegal gambling and fraudulent schemes pass.

Strict KYC/AML rules and limits on stablecoins will also be introduced for crypto exchanges.#turkey #BTC #stablecoin #RegulatoryRumble $BTC
$ETH
$BNB
China stated: 'The ban on cryptocurrencies remains'But the hash rate says otherwise: China's share has already risen to 21% The People's Bank of China 🇨🇳 officially confirmed: the ban on cryptocurrencies and mining, enacted in 2021, will not be lifted. In a new press release, the regulator reiterated key points: virtual currencies are not a legal means of payment;

China stated: 'The ban on cryptocurrencies remains'

But the hash rate says otherwise: China's share has already risen to 21%
The People's Bank of China 🇨🇳 officially confirmed: the ban on cryptocurrencies and mining, enacted in 2021, will not be lifted. In a new press release, the regulator reiterated key points:
virtual currencies are not a legal means of payment;
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