Thinking Crypto
@thinkingcrypto·193K subscribers·4.2K videos
XRP & RIPPLE Are The Biggest Winners From Banks Regulatory Approval on Crypto Custody
Posted
July 23, 2020
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7:36Now PlayingThe bullish crypto news we heard today from OCC and Brian Brooks of Federally Chartered Banks and Thrifts May Provide Custody Services For Crypto Assets is going to benefit XRP and Ripple the most as it was heavily dependent on US regulations. Further regulations will allow banks to use XRP for cross border payments.
Ripple CEO Brad Garlinghouse tweeted the following in response to the bullish news:
BOOM! Today’s ruling is a huge step forward. The US OCC
is absolutely leading the way to foster innovation, protect consumers and provide a level playing field for all. The future has never been fiat versus crypto - these can and should coexist in harmony!
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Disclaimer - Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.
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