Altcoins News
By Dan Saada
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Brad Garlinghouse expressed, today, we’re announcing that Ripple and MGI have together decided to wind down our current partnership agreement, and are both committed to…
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Further stated, while the lack of a crypto regulatory framework has needlessly muddied the waters for U.S.
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Some criticisms to this announcement read: Money Gram is being sued because of XRP and SEC makes sense why they publicly announce this.
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Some others stated, not a smart move on MGI part shareholders would like to know why they lost 23% in stock value for no good reason.
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However, optimists stated, but it's just the start of the damages the SEC are causing to the XRP ecosystem. Thankfully MGI isn't the golden goose.
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Previously, Asheesh Birla however, stated, we anticipate a path forward to resume ODL w/ MGI.
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Worthy to recollect, Asheesh’s statements: In 2019 we signed a *multi-year* deal with MGI, still fully in place.
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He also pointed to how: CEO Walex Holmes, stated, “We're pausing those activities just more for [an] abundance of caution than with any other concerns about it.
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Someone too worried about price commented: Billions of dollars have went thru X-Rapid and used XRP, but the price of XRP didn't move because we know XRP is a stable coin and will…
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