Connect with us

Ripple

European Parliament Member Discusses Crypto Regulations at Ripple Regionals

Published

on

European Parliament member from Greece Eva Kaili appeared at the Ripple Regionals event in London recently.

She talked about the EU’s regulatory approach to blockchain and digital currencies.

Attending Blockchain Conferences

Kaili noted that when she first attended a blockchain conference after being elected to the European Parliament in 2014, she was treated with suspicion by some blockchain advocates.

Speaking at the Andaz hotel in London for the Ripple Regionals event, she said:

“When they heard I was a politician, they didn’t want me there.”

However, the resistance she faced initially made her become more determined to understand the benefits of blockchain technology.

She noted that positivity was essential for the blockchain sector, and said that otherwise:

“The resistance of the traditional players would only increase and could even kill a technology that had so much potential for good.”

Positive Approach to Blockchain

Ripple noted that several financial institutions across the world previously had a defensive stance towards digital assets.

However, now some are seeing the value that the technology can bring which is demonstrated by their presence at the Ripple Regionals.

These financial institutions now understand that blockchain could provide their customers access to cheaper, faster and transparent cross-boarder payments.

Kaili suggests that she is passionate about helping out on the regulatory front by adding more clarity which could remove barriers to blockchain adoption.

She has led a fresh Europe-wide approach to digital assets and blockchains in the past four years.

In 2018, she called for a European Parliament Resolution that would have the European Central Bank (ECB) and the European Commission research what the sources of volatility in crypto markets are and identify possible dangers.

It also called on them to consider the possibility of utilizing cryptocurrencies in the European payment system.

Kaili also wants to work on the standardization of all aspects of blockchain technology, which includes guidelines for smart contracts, defining digital assets, and increasing the transparency of Initial Coin Offerings (ICOs).

She said that they don’t want to hinder innovation and that:

“The resolution is a roadmap to support this very exciting technology. We’ve shown that we are open-minded.”

Source: blokt

Advertisement
Click to comment

Ripple

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019

Published

on

Cryptocurrency Ripple (XRP/USD) is trading at 0.2985. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend for Ripple. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019

As part of the forecast Ripple course is expected to test the level of 0.3210. Where should we expect an attempt to continue the fall of XRP/USD and the further development of the downward trend. The purpose of this movement is the area near the level of 0.2350. The conservative Ripple sales area is located near the upper border of the Bollinger Bands indicator at 0.3250.

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019

Cancellation of the option to continue the decline of the Ripple rate will be the breakdown of the upper border of the Bollinger Bands indicator. As well as a moving average with a period of 55 and closing quotations of the pair above the 0.3520 area. This will indicate a change in the current trend in favor of the bullish for XRP/USD. In case of a breakdown of the lower border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency.

Ripple (XRP/USD) weekly forecast on February 18 — 24, 2019 implies a test level of 0.3210. Further, it is expected to continue falling to the area below the level of 0.2350. The conservative area for selling Ripple is located area of 0.3250. The cancellation of the option of falling cryptocurrency will be the breakdown of the level of 0.3520. In this case, we can expect continued growth.

News Source:

Continue Reading

Ripple

Ripple forecast and analysis XRP/USD for 2019

Published

on

Ripple XRP/USD quotes are trading at 0.3071 and continue to move in the ascending channel. At the moment, we should expect an attempt to continue the fall and a test of the support level near the area of ​​0.1500. Further, the continued growth of cryptocurrency in the region above the level of 8.0000.

Ripple forecast and analysis XRP/USD for 2019

In favor of raising the XRP/USD quotes, a test of the rising trend line on the relative strength index (RSI) will be made. As well as a rebound from the lower boundary of the rising channel. Cancellation of the growth rate of Ripple cryptocurrency in 2019 will be the fall and close of quotes below the level of 0.1000. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of XRP/USD to the area below the level of 0.0250. With the breakdown of the upper boundary of the descending channel and closing above the level of 0.9000, we should expect confirmation of the development of growth in Ripple.

Ripple forecast and analysis XRP/USD for 2019

Ripple forecast and analysis XRP/USD for 2019 implies an attempt to test the support level near the area of ​​0.1500. Where can we expect to continue the growth of cryptocurrency with a potential target at the level of 8.0000. An additional signal in favor of raising Ripple will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option quotes will fall and the breakdown of the area of ​​0.1000. In this case, we should expect the continuation of the development of the downward trend in digital currency with a target below 0.0250.

Source: 

Continue Reading

Ripple

Crypto Visa Card Now Supports XRP, Tron, Bitcoin Cash, Litecoin, EOS, Binance Coin and Dash

Published

on

The mobile crypto app Spend just added support for XRP. The addition gives users the ability to store the digital asset as well as spend it using the platform’s Visa debit card.

Users can instantly convert their XRP to fiat and load it onto the card, which is accepted at Visa’s 40+ million locations worldwide.

Spend supports a total of 180 countries and is now available in the US.

The company has been adding cryptocurrencies to its platform at a rapid rate. This month alone, it added support for XRP, Tron, EOS, Binance Coin, Dash, Litecoin and Bitcoin Cash.

The Spend app is currently available on iOS. It was also available on Android, but the company pulled it from the Google Play store on Friday to address performance issues and create a more seamless experience for users.

News Source:

Continue Reading
Advertisement
Advertisement
Open

Close