• Ripple controversy
    Ripple,  XRP

    What’s up with Ripple?

    The international financial transactions business has been up and running for years, yet it still gets a lot of flak for its influence over the third-largest cryptocurrency, XRP

    Ripple has the distinction of being one of the largest companies in the cryptocurrency and blockchain business that is up and running and working with hundreds of customers, including a couple of major banks. Yet for all those achievements, it is among the most controversial companies in DeFi, with a host of critics.

  • XRP is not a security
    People,  Regulation,  XRP

    ‘Crypto Dad’ Chris Giancarlo: XRP is not a security

    The former Commodity Futures Trading Commission chair was a leading force in removing the scarlet ‘S’ from bitcoin and ether, and he remains influential. But making the same argument for XRP is weakened as his law firm works for Ripple

    Former Commodity Futures Trading Commission chair and “Crypto Dad” Chris Giancarlo argued forcefully in a June 17 column that XRP is not a security but a currency under U.S. law. That’s a huge, potentially life-or-death question for Ripple.

  • SEC shoots down Telegram
    Alt coins,  Regulation

    SEC shoots down Telegram’s TON blockchain

    Well-known cryptocurrency lawyer Stephen Palley tells Modern Consensus that the Telegram Open Network blockchain’s demise will create headaches for projects funded in similar ways

    Telegram CEO Pavel Durov announced on May 12 that his messaging platform’s active involvement with TON is over—using a blog post to lambast the U.S. judge who effectively stopped the project from going ahead.

  • Welcome to fear itself FDR
    Cryptocurrencies

    Welcome to fear itself

    Quantum Economics’ Mati Greenspan says it’s too early to tell what impact coronavirus will have on cryptocurrencies like Bitcoin

    “In order to stem the spread of the coronavirus, people are taking drastic measures which are having huge implications for the global economy,” Mati Greenspan, founder of Quantum Economics, told Modern Consensus. “The global economy basically went from booming in February to grinding to a virtual halt in March. Bitcoin isn't immune to that.”

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