What do we know about XRP? Jim Cramer's comment sparks reaction XRPArmy XRPCommunity $XRP JimCramer XRPHolders
, not nothing as you suggest.November 17, 2022
The XRP community was riled up at the Mad Money host's comments. Carlin, an XRP user, commented,"I was watching and was shocked at JC's comments/bluster without a thought." CryptoLaw founder and XRP holders' lawyer John Deaton will not let Cramer's rhetoric slide without an appropriate response.Deaton responded,"The government that Jim claims doesn't regulate XRP actually regulated it in 2015, and Ripple was forced to comply with U.S. banking laws like the BSA."
The CryptoLaw founder further cited a 2019 Financial Stability Oversight Council signed off by Federal Reserve Chairman Jerome Powell and Former SEC Chair Jay Clayton, among others, that highlights XRP alongside BTC and ETH as virtual currencies. He noted that this same classification had been given by the U.S. Government Accountability Office five years earlier.
He noted XRP's use in payments, stating that payment giant Moneygram registered with the SEC in the same year to utilize XRP in cross-border payments.XRP identified as digital currency
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Charts suggest the market could rally through mid-December, Jim Cramer saysStocks gained on Tuesday after the October producer price index report signaled that inflation could be cooling.
Read more »
Jim Cramer gives his take on the lack of SEC oversight in the crypto complexCramer gave his take on the collapse of FTX and its new CEO John Ray's comments about the company's failure to practice corporate governance.
Read more »
Jim Cramer says the Fed should consider retail earnings over economic data for its inflation strategyStocks slumped on Wednesday after Target reported a sales decline.
Read more »
Jim Cramer says ‘exhausted’ sellers are behind the market’s strengthStocks closed down on Thursday but managed to rebound from their lows.
Read more »
Jim Cramer says there's a ‘real possibility’ the Fed can engineer a soft landing.MadMoneyOnCNBC's JimCramer said Tuesday there's a 'real possibility' the Fed can engineer a soft landing.
Read more »
Price analysis 11/16: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTCCrypto traders are selling into each rally, a possible hint that Bitcoin and altcoin price direction could be angled toward further downside.
Read more »