#XRP #Ripplenet #Ripple #NFT #SEC
His (Gensler) speech says, “A high-impact case pulls many other actors back from the line." Does that sound like regulation by enforcement to anyone else?! The SEC intends that the mere filing of a case chills behavior - regardless of whether they are right on the law or the facts. - Stu Alderoty, Ripple General Counsel
The term gray market might conjure up images of nefarious players exchanging cash in shadowy alleys. In reality, gray markets have become an unfortunate necessity for those that lack the financial resources to operate within the traditional payment system. These informal remittance channels are often censured by regulators due to concerns around anonymity in payments. However, without affordable alternatives, individuals in need of an economic lifeline turn to these informal channels despite the risks involved.
RippleNet enables real-time transactions, highly competitive FX rates, and complete transparency from start to finish while also freeing up working capital and helping to resolve liquidity issues. All together, these provide a regulated cross-border payments solution that instantly digitizes and modernizes remittances while providing a fast way to connect with new payments partners.
Providers using Ripple can diversify and de-risk their operations at a time when regulators are increasing oversight and a growing number of traditional banks are exiting the remittance business.
In reframing the term “gray markets” to “underserved markets,” we open the door for potential opportunities to provide a viable recourse for untended communities, making informal payments formal and secure. Difficulties related to COVID-19 are putting underserved markets under increasing pressure, and the advantages of digitization serve as an accelerant for payment companies that are seeing greater value in offering alternatives with the same benefits of trust and affordability but through fully regulated systems.
Fractionalized Ownership of Collectibles: [ Ссылка ]
Museum Tour: [ Ссылка ]
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To see the most exciting new solar powered electric vehicle that also mines cryptocurrency!! It's amazing. [ Ссылка ]
Always at the end of the video, I love to share a slice of Japanese culture, lifestyle and trends both old and new. (fluff)
For Extended Fluff: [ Ссылка ]
Because there is often an imposter in the comments that has taken my profile and name, comments will by default be uploaded shortly after left, to filter these bad actors. Sorry, many of us deal with these scammers who leave phone numbers and replies which I would never do.
Thank you so much for watching.
