CryptoEl retweeted
JUST IN: 🇺🇸 US Treasury says new finalized crypto stablecoin rules under the GENIUS Act "cements American dominance in digital assets."
CryptoEl retweeted
The GENIUS Act marks a watershed moment in American finance, further cementing the United States as the crypto capital of the world. Just as President Abraham Lincoln’s National Currency Act of 1863 established a national framework for bank-issued currency, the GENIUS Act establishes a federal framework for payment stablecoins in the digital age.
The @USOCC's final rule carries that landmark legislation forward, providing a clear, practical foundation for private-sector innovation, competition, and American leadership in digital assets.
CryptoEl retweeted
Once is happenstance.
Twice is coincidence.
But three times?!
…That’s communication. 😶
CryptoEl retweeted
‼️THE DTCC’S TOKENIZATION SERVICE GOES LIVE OCTOBER 28TH‼️
This is the first public confirmation from a participant of the DTCC Working Group regarding the official launch date.
10/28✅
This is directly from Fireblocks’ own John Hallahan. 🤝
Remember, Fireblocks directly supports XRP, XLM and HBAR 😏💨
He also goes on to state that:
"We're working with several of the participants along with Citadel and being READY FOR THAT DATE”🗓️
"You'd expect to see some really interesting trades happening from the end of this month."🔥
A golden discovery that remained unknown to 99%.😶🌫️
Until now.☝️
Watch closely.🍿👇
CryptoEl retweeted
Take a closer look inside the DTCC Tokenization Service.
From supported networks and eligible asset classes to launch capabilities and future expansion, our at-a-glance overview outlines the service and the path ahead. ➡️brnw.ch/21x6t0e
CryptoEl retweeted
BREAKING NEWS
THE UNITED STATES TREASURY IS CALLING FOR WORLD BANK REFORMS
Here we go…
CryptoEl retweeted
Some moments can't be taken away no matter how hard people try. They chose Bear Champ because we RWTP, we live, eat, and breathe community, not just ours, but the entire XRPL.
Let the other guys sit in the corner and cry, we fly 🚀.
CryptoEl retweeted
Thanks to @POTUS’ leadership, we are delivering on his commitment to guarantee Fair Banking for all Americans.
Our review @USOCC documents how banks’ use of subjective “reputation risk” policies restricted access to financial services based on customers’ beliefs and lawful business activities. Victims spanned across the political spectrum, ranging from small businesses that sold merchandise supporting the President to companies that donated predominantly to Democrats. Under this @USTreasury Department, that won’t happen again.
We will continue working to ensure Americans have fair access to our banking system, regardless of their political or religious views.
Read the full report: occ.gov/news-issuances/news-…
CryptoEl retweeted
Global investing is evolving. The infrastructure behind it should too.
We're partnering with @DriveWealth across RLUSD settlement on the XRP Ledger, cross-border payments, custody and prime brokerage to modernize how money moves across global markets.
Together, we're building a more connected, efficient and always-on global investing ecosystem. 💪🏼
on.ripple.com/4ezaBOr
CryptoEl retweeted
As the HSBC bank whistleblower, I need to say something about Bank of America.
It is called Bank of America. It let money move for the enemies of America.
$5 billion in suspicious transactions unreported. 475 apparent sanctions violations tied to Russia, Iran, narcotics, and terrorism.
$1.2 billion fine. Not one banker charged.
Nothing changes until someone goes to prison.
CryptoEl retweeted
No one went to prison.
No home confinement. No DPAs.
No one was even charged.
Water under the bridge. Onwards!
🇺🇸 BREAKING: Bank of America has been fined $1.2 BILLION by the US government.
The bank failed to flag over $5 BILLION in suspicious transactions, the Treasury says.
The missed transactions were linked to suspected Chinese money laundering networks and illicit finance around the southern US border.
The Treasury called the bank’s money laundering and sanctions failures “egregious and continued.”
The penalty includes a $750 MILLION fine from the Office of the Comptroller of the Currency, per the FT.
CryptoEl retweeted
BREAKING: #BNY completes first-of-its-kind transaction with tokenized assets on major triparty repo platform in collaboration with @Citadel Securities.
A 2-year U.S. Treasury note was #tokenized on BNY's private digital ledger, settled within minutes, and used as collateral in an overnight triparty repo—demonstrating how traditional and digital infrastructure can work together to improve settlement speed and collateral mobility. (1/2)
Release: bny.com/corporate/global/en/…
