Ripple’s legal counsel Bill Morgan has dismissed speculation that the U.S. government could seize XRP tokens from the company’s escrow accounts for national reserve purposes. Morgan’s blunt “No it won’t” response countered analyst John Squire’s claims about potential government confiscation of Ripple’s XRP holdings. Technical transfer mechanisms exist but face limitations XRPL validator “Vet” outlined … Read more
Gold has surged to a staggering $3,660 per ounce as investors flock to safety amidst the U.S.-China trade war. They’re leaving Bitcoin for gold, so what gives? Funds are flowing fast into gold ETFs, now commanding $150 billion in assets, leaving Bitcoin ETFs far behind with their comparatively weak $93 billion. It seems that when … Read more
What Is a Safe Haven? A safe haven is an asset people turn to when markets drop and uncertainty rises. During a recession, the economy slows down for a long time. You might notice this through: Higher unemployment More bankruptcies Lower spending In times like these, investors look for places to park their money safely. … Read more
Airdrops should be “safe, legal, and frequent,” a16z’s head of policy stated, advocating for a safe-harbor from regulatory enforcement. Crypto industry continues its push for more favorable crypto regulation. On Thursday, April 10, Miles Jennings, the head of policy and general counsel at venture capital firm a16z crypto, published a report advocating for easing regulations … Read more