Caitlin Long, Founder CEO of Avanti Bank, which is a new bank to serve the digital asset recently expressed, more crypto cos are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws. People often ask how many cos have relocated/redomiciled to Wyoming, we dunno. We don’t keep lists and we like it that way – XRP.
In response, Brad Garlinghouse stated, Wyoming is a leader in establishing a comprehensive regulatory framework for crypto (regardless of what asset you’re working with!). Proud to have a Ripple entity in WY & other jurisdictions prioritizing regulatory clarity.
For clarity, Avanti Bank, are offering new products and services not currently available in USD markets along with tech partner Blockstream, which is Wyoming based. Also, stated that they are preparing long process of charter application and they are aiming to open early 2021.
Energy Web, a global non-profit who are accelerating the low-carbon that is customer centric energy transition by unleashing the potential of open source digital tech, expressed: Recent chatter about BTC energy use misses the point. Like most other industries in the world, crypto is not 100% renewable. But we can get it there—fast—and in the process boost global demand for renewables by hundreds of terrawatt-hours.
Further, Brad Garlinghouse expressed, Biden Administration’s priorities are clear they talk about climate change every day. Instead of arguing about exactly how much energy mining uses, let’s focus on making this industry the leader in sustainability. Props to energy webx and others who are building solutions.
It is interesting to see while the Ripple leadership is fighting regulatory clarity they are also voicing out their say in terms of energy issues, which indeed is indicative of their energy consciousness.
From paper to plastic to crypto, XRP are conscious about the sustainability of currency and its impact on our planet.
Through, every step of growth, Ripple have been focusing on sustainability, while fueling future economic growth, while seeding the next generation of de-carbonization technology at scale. They are creating awareness about how blockchain-based currencies using less energy than both the dollar and Visa while moving money faster.
Ripple never loses track of the fact that sustainability is essential for the future of money. They continue to propel their mission forward by doing all it takes to educate the society about blockchain technology by working with Universities. Ripple are well aware that the universities are the beginning points to spreading awareness about anything and all.
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