In the wake of significant legal victories for Ripple, questions about the cryptocurrency’s adoption in the United States have surfaced within the XRP community.
Green Days Are Back for XRP After a Series of Legal Victories
In July, a U.S. district court judge ruled that secondary XRP sales do not constitute securities transactions, providing XRP with a level of regulatory clarity unique among cryptocurrencies, apart from Bitcoin.
A few days ago, the same court judge upheld her previous decision, denying the SEC’s right to appeal until final rulings on other aspects of the case are made. So, now there are questions about whether big U.S. institutions are adopting XRP.
Mr. XRP’s Questions on U.S. XRP Usage To Ripple’s CTO
One XRP holder, known as Mr. XRP, has asked five important questions to Ripple’s Chief Technology Officer, David Schwartz. These questions are about how XRP is doing in the U.S.
First, Mr. XRP wants to know if any big U.S. financial companies have started using XRP since the July court decision. Second, he’s asking if the recent court decision against the SEC makes it easier for these companies to use XRP.
Third, Mr. XRP wants to know if these companies have to tell the public if they start using XRP, and if so, when they might do that.
There’s also a fun question – when will Ripple’s CTO, David Schwartz, get an XRP tattoo like the CEO, Brad Garlinghouse?
Whether Ripple’s CTO will respond to these pressing questions regarding institutional XRP adoption in the United States remains to be seen.
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