[New post] Ripple XRP: How Likely Is It That Central Banks Will Use XRP On The New Ripple CBDC Platform?
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1. Seemed to be an overwhelming consensus that stablecoins are not securities and should not be regulated by the SEC, but possibly regulated at the state level.
2. Witnesses and lawmakers agree there needs to be sensible legislation from… https://t.co/yBSpwpXv7l
I can see the narrative building for the SEC & CFTC to have members within Ripple because there's too many cooks in the kitchen attempting to regulate, so both will oversee it.
The CBDC Platform reaffirms the significance of the XRP Ledger as it's built with the same core ledger technology. It has the ability to interact with #XRPL and use XRP as a bridge currency for cross-currency and cross-border payments. https://t.co/SwD7gMN4cv
— David "JoelKatz" Schwartz (@JoelKatz) May 18, 2023
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