Ripple approved to establish a trust bank; XRP holders are likely to benefit later
I usually assess regulatory news by asking three questions:
1. What was announced: Is it an enacted law or a discussion draft?
2. When does it take effect: Is there a clear date?
3. Who is affected: Does it apply to everyone or only specific businesses?
Overall, this is somewhat positive, but it often takes time to move from a proposal to implementation.
$XRP Current price: 1.2966.
#Ripple获全面批准运营国家信托银行
I usually assess regulatory news by asking three questions:
1. What was announced: Is it an enacted law or a discussion draft?
2. When does it take effect: Is there a clear date?
3. Who is affected: Does it apply to everyone or only specific businesses?
Overall, this is somewhat positive, but it often takes time to move from a proposal to implementation.
$XRP Current price: 1.2966.
#Ripple获全面批准运营国家信托银行
