/biz/ - Business & Finance

>>25330315
>>25330390

How did we get here?
Where are we going Edition!! (Pt.3)

November 24th, The Washington Examiner reports that, "Director of National Intelligence John Ratcliffe wrote a letter to SEC Chairman Jay Clayton earlier this month, pointing to concerns the U.S. has about China’s sway over digital currency, as more than half the world's cryptocurrency "mining" operations are located in that country, and how the Chinese government is mulling its own state-controlled digital currency that would make it tough for U.S.-based companies and innovations to compete...The letter, which has not been previously reported, signals a push by President Trump's spy chief to convince the SEC to implement rules that make it easier for U.S.-owned cryptocurrency companies to compete against those based in and controlled by China." https://archive.is/kXvEv

December 3rd, Brian Brooks, acting Comptroller of the Currency, appears on CNBC's Squawk Box and says to expect "clarity" on cryptocurrency in the next six-to-eight weeks. "We're very focused on getting this right. We're very focused on not killing this...I think you're going to see a lot of good news for crypto before the end of the term," Brooks said. https://archive.is/MSE32

December 14th, Ripple hires former JPMorgan Chase Chief Regulatory Affairs Officer, Sandie O'Connor to its Board of Directors. https://archive.is/qfCSi

December 21st, Brad Garlinghouse preemptively announces that Ripple will be sued by Jay Clayton of the SEC. https://archive.is/JLs07

December 21st, Yoshitaka Kitao of SBI tweets, "Japan’s FSA has already made it clear that XRP is not a security. I’m optimistic that Ripple will prevail in the final ruling in the US." https://archive.is/pwbQU


December 22nd, the SEC files its lawsuit against Ripple, Brad Garlinghouse, and Chris Larsen. https://archive.is/3uCRI https://archive.is/FqzHC

>>25299523
https://www.youtube.com/watch?v=AQgWEXr1hgA
>>25298321