Ripple XRP New Win Against SEC - Flare FXRP Spark Token Distribution - Crypto Kiosk at 2K Locations
June 19, 2021
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12:52Now PlayingRipple XRP New Win Against SEC - Flare FXRP Spark Token Distribution - Crypto Kiosk at 2K Locations
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as posted by the channelRipple just nabbed a new legal victory in its battle with the U.S. Securities and Exchange Commission (SEC). Federal Judge Sarah Netburn is denying the SEC’s request to compel Ripple to produce documents connected to its past lobbying efforts. Flare co-founder and CEO Hugo Philion tweeted the following regarding the Flare Spark Token distribution - "I made a mistake invoking governance over the distribution. I am cancelling the proposals. The distribution will remain 15% and then 3% per month. If tax creates sell pressure then a governance proposal can be submitted by the community to curtail the distribution. People who are concerned about tax will be able to opt out of the 3% monthly distributions. Make sure you are aware of your responsibilities to pay tax in each of your countries." A new report from MiQ Digital indicates that demand for cryptocurrency has increased the most in the U.S. states of Hawaii and California in 2021. Cryptocurrency ATM provider Coin Cloud is about to install its 2,000th kiosk with the placement of machines in stores of the popular, Texas-based grocery chain H-E-B, Coin Cloud said in a press release. The Central Bank of Portugal (Banco de Portugal) has licensed two cryptocurrency exchanges for the first time. In an official statement, the entity announced that it recognized Criptoloja and Mind The Coin as “virtual asset service providers.”
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