$XRP Hey, the US SEC related to $XRP may kick off formal rulemaking on cryptocurrency regulation on August 14. Folks, once this comes out, it directly affects the issuance and holding rules for tokens like $XRP —so keep your nerve in check. Look at this tone: it’s the regulator once again using rules to make a point. We’ve seen how many playbooks in past bull and bear cycles—isn’t this basically using regulations as a tool to harvest? I think it’s best to just sit back and watch as a spectator for now. If you really want to act, wait until there’s a clear trend. Don’t hype up things just based on policy—it’s not worth messing around with.

(Source: cryptonews)
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