The Blockchain-companies Ripple is to strengthen personnel increase its legal protection. In this context, the companies in the Blockchain Association is joined.

By Phillip Horch
On the 25. October 2019BTC$9.177,22 23.02%part Facebook Twitter LinkedIn xing mail

In the case of crypto-currencies such as Bitcoin, Ripple or Ethereum and other Blockchain projects without regulation closely. The show, especially the recent disputes about the “Facebook Coin” Libra. While Facebook CEO Mark Zuckerberg in front of the US Congress and Libra said representative before the Finance Committee of the German Bundestag, was always the question of safety in the room. How can I ensure a smooth and legally secure process between the authorities, the government and a digital currency?

Ripple wants occurs make the Blockchain Association

This is a Problem the California Blockchain-companies Ripple. In a blog entry, CEO Brad garlinghouse announced recently that the company is to increase the XRPToken, XRapid and the RippleNet his staff for legal matters. The primary focus is on the decision-makers in the policy, the Blockchain Ecosystem closer to unfold.

the full Potential of this [Blockchain-]technologies, need to find a leader in the industry and political decision makers about the global influence teaching,

it is said in the message of Brad Garlinghouse. Therefore, Ripple decided the Blockchain Association to join. Because the lobby group for crypto-currencies and Blockchain-companies exactly donors on their Agenda: the law and advise regulatory authorities of the Bitcoin Ecosystem. Garlinghouse sees this as a decisive factor, the strengths of the Ecosystem that has formed around the crypto-currency Bitcoin, to:

In the United States and abroad, it is important that the policy is equipped with industry knowledge. So you can create the conditions under which technological innovation can thrive. At Ripple we are makers ourselves to further talks with political decision-making and to build a Team that has extensive legislative and political experience.

Brad Garlinghouse is happy about new members

To Ripple with Michelle Bond about a former employee of the U.S. stock exchange supervision and with Craig Phillips, a former employee of the “Office of Cricital Infrastructure Protection and Compliance Policy” brought on Board. Of Ripples membership in the Blockchain Association Garlinghouse expects, however, more and more regulatory clarity:

We are pleased to be a member of the Blockchain Association. [It is] an Association that plays a key role in shaping our shared digital future. The Blockchain Association provides a unified voice that promotes the development of deep partnerships between technology leaders and policymakers.

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The XRP exchange rate is, of course, unimpressed. Together with the Bitcoin price and the entire crypto-Ecosystem, he had to suffer in the last days of a kink. Currently, the Ripple listed course, or the XRP tokens at just $ 0.28. In the last 24 hours, he recovered slightly with a price increase of around 3 per cent. (Stand: 25. October, At 09:13. Source: our course pages).

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Bitcoin-price – and Market analysis: BTC soon back to more than 10.000 US-Dollar? XRP-panic: Ripple sees Bots as the author of Ripple is working on Software for Ledger and Trezor#Brad Garlinghouse#Ripple#XRP