Sirwin
Sirwin

DOWN GOES GARY! DOWN GOES GARY!

By Cje95 | Chronic Illness and Crypto | 14 Jul 2023


On my bingo card today I did not have us getting a summary decision being reached in the SEC v Ripple Labs court case. I mean you could have told me that we were going to get crypto legislation passed by both chambers and signed by the President all in one day (it typically takes 10 days) before I would have had this lawsuit ending. Alas, it has happened and we now have our first crypto that is deemed NOT  a security in Ripple's XRP. Honestly, out of all of the possible winners, this one was way down on the list. 

 

While a win is a win at the end of the day this is more importantly a moment that is going to spur a lot of talk on The Hill once we finish up the NDAA (National Defense Authorization Act). This week we have seen the Senate plan be introduced with bipartisan support and it is known in the next two weeks we will see the House bill unveiled based on what I have learned up here over the years I think it is safe to say that each chamber will pass their own version and then there will be a conference to hash out what makes the final cut and is passed and sent to the President to be signed into law. 

 

For now, though I think we should all revel in our win while Gary gets to cry in the corner... but more importantly here is a fantastic meme I threw together :P 

 

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Cje95
Cje95

Graduated from Texas A&M in May of 2020 had dabbled in crypto since 2017 but dove in at the end of 2019. December of 2020 packed up and moved to D.C.! Huge sports fan, space nerd, and international newsreader! Follow me on Twitter @Cje95_


Chronic Illness and Crypto
Chronic Illness and Crypto

Cryptocurrency and Blockchain are going to be a huge part of the future and no matter who tries it isn't going to be stopped! Here I try to give my best insight and thoughts into the latest crypto news, features, developments. Further, I look to discover any link to news from the United States ranging from social-political issues to stock market and economic data.

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