Ripple (XRP) has been reinstating on the importance for regulatory clarity. They have forever been stating that a new regulatory framework will create more legitimacy to payments with cryptocurrencies.
The pandemic seems to have changed the attitude of regulators and they might choose to acknowledge the importance of instant payment settlements by way of new regulatory framework. Clients might soon benefit from instant payments. There need to be a new way for how legal frameworks from across the world will choose to interact with crypto assets.
News portals have reported that the European Commission might introduce a new legal framework for until 2024 in a way to regulate and facilitate innovation in the cryptocurrency and digital asset space. It just looks like the EU wants to make cross-border payments quick and cheapby making use of blockchain and crypto assets like stablecoins.
Reuters have to state that the European Commission’s vision towards the cryptocurrency space is remarkable. It is expected for new legal frameworks to make it to the market very soon in a way to solve most of the regulatory issues in existence.
Sydney Ifergan, the crypto expert tweeted: “Ripple (XRP) will be very glad I think if instant payments are approved as a new normal by different nations across the world.”
Ripple Insights have been recently exploring the importance of sustainability of money. And they have recently published about the environmental ramifications in this regard. Ultimately, justified stating that Ripple is the most free of all cryptocurrencies.
Beginning from the concept of unifying payment’s infrastructure with Stefan Thomas through discussions on How Bitcoin limitations has inspired the XRP ledger through concepts like Digital assets in the post Covid world lot of such discussions have been archived in Ripple Podcast.
The podcasts are worth listening for high quality information. Whether about creating a sustainable global economy, creating crypto security, improving crypto literacy for everyone, or about creating sustainable blockchain Ripple Podcasts are a Pandora box of worthy information about the developments trending in the cryptocurrency space.
Ripple are highly active in their research process. They get to discuss with subject matter experts to brainstorm on major topics and they do all it takes to inspire thought leaders to bring out their best ideas for the industry.
They are doing a lot about creating a financially inclusive future for everyone. They have already made it possible to move money like information getting moved. Economic fairness and opportunity for the vulnerable population is their main concern and they are achieving their goal in progressive steps.
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