Cryptocurrency company Ripple says SEC lawsuit is imminent

Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by hardwaresofton on Wednesday December 23, 2020 @01:57AM (#25515170)

Thanks, I think this might be the big differentiator -- the existence of middlemen is probably the large difference here, but it feels like at some point you're definitely going to need someone to keep track of value across IOUs somehow and at the very least who is trust worthy.

[ Parent | on HN ]

Re:Cryptocurrency company Ripple says SEC lawsuit is imminent by garmaine on Friday December 25, 2020 @03:46AM (#25535177)

Well to be accurate there are middlemen in most ripple transactions, but not a middleman of the traditional sense. They're not pure facilitators, but rather active participants in the transaction. I'm not a lawyer, but I understand that by some interpretations this makes a difference in the regulation.

[ Parent | on HN ]