• Latest
CZ Doesn’t Think XRP as Security but View as Largest Market-Cap Coin

CZ Doesn’t Think XRP as Security but View as Largest Market-Cap Coin

March 7, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

CZ Doesn’t Think XRP as Security but View as Largest Market-Cap Coin

coinnewsdaily by coinnewsdaily
March 7, 2019
in Ripple
0
CZ Doesn’t Think XRP as Security but View as Largest Market-Cap Coin
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

In a recent AMA session, Changpeng Zhao or CZ, the co-founder and CEO of the world’s largest cryptocurrency exchange, Binance embraced XRP, the well-known digital currency.

XRP is Largest Market-Cap Coin 

It was his second Ask Me Anything (AMA) live session on Twitter where he discussed various aspects on Binance exchange, BNB token, Binance DEX and unlike. In about 55 minutes of discussion, CZ also addressed the live questions many crypto enthusiasts asked him – addressing one such question that was related to XRP, CZ in his brief answer goes on to indicate that XRP is not a security.

However, the question concerned his announcement on XRP (if any) but he quickly responded (laughingly) if he talks more on the subject on XRP, he would be the part of XRP army. On a continuous note, he claimed that;

“It’s very typical in our society that as soon as there is any accusation against you, you’re assumed guilty by many parties. I think people are aware that there is a lawsuit against XRP [he meant, Ripple], on whether they’re a security asset or not. Our judgment is they’re not, and until proven that they are, we listed them, and luckily we actually dragged other exchanges to list them.”

Its worth to note that the Ripple has shortly owned a victory on its ongoing class-action lawsuit since its finalized that this case will remain in Federal court than the lower ones.

Ripple securities class action update: The Court has denied the plaintiffs’ motions to remand. This means the case stays in federal court, a minor but meaningful victory for Ripple.

The plaintiffs will file an Amended Consolidated Complaint by March 30.https://t.co/4gdQVaCrlM

— Jake Chervinsky (@jchervinsky) March 1, 2019

Over the past few days (since the listing of XRP on Binance), CZ seems quite bullish on XRP and its related announcement of listing across other trading platforms. As such, he appeared quite often when someone addressed him and raised a query concerning XRP – consequently, as a response to one such user who debates on XRP’s centralization aspect, CZ appeared very active, explaining how the aspects differ.

Decentralization idealism is good, but if you don’t have a product and user base to go with it, it is just idealism.

— CZ Binance (@cz_binance) February 26, 2019

Our Judgement is that – XRP is not a Security 

On top of all, towards the end of AMA live session, CZ states ‘XRP is one of the largest market-cap coins’, adding that, and it’s like that for a reason. He continued;

“There are a lot of guys who complain they’re [Ripple’s XRP token] overly centralized, etc. But look they market. The markets vote with their feet, as I say, and XRP is one of the largest market-cap coins, and it’s like that for a reason.”

To note, RP at the moment spots as the third largest cryptocurrency with an average market cap $13,148,517,885. It currently trades at $0.318352 with a positive movement of 1.44 percent over the past 24 hours.

Image source – https://coinmarketcap.com/currencies/ripple/


Ads by Cointraffic



Credit: Source link

Share76Tweet48
Previous Post

Huobi OTC (Over-The-Counter) Announced XRP Trading Support

Next Post

Social Trading Giant eToro Adds Crypto Buying and Selling in 31 US States

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
Social Trading Giant eToro Adds Crypto Buying and Selling in 31 US States

Social Trading Giant eToro Adds Crypto Buying and Selling in 31 US States

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,529.00-0.94%
  • ethereumEthereum(ETH)$1,642.87-1.36%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$323.23-1.76%
  • rippleXRP(XRP)$0.411484-0.37%
  • cardanoCardano(ADA)$0.402068-0.10%
  • dogecoinDogecoin(DOGE)$0.092023-1.40%
  • matic-networkPolygon(MATIC)$1.18-3.73%
  • okbOKB(OKB)$39.59-1.05%
  • solanaSolana(SOL)$24.44-1.54%
  • polkadotPolkadot(DOT)$6.703.13%
  • shiba-inuShiba Inu(SHIB)$0.0000123.64%
  • litecoinLitecoin(LTC)$98.75-1.64%
  • tronTRON(TRX)$0.0646631.53%
  • daiDai(DAI)$1.000.11%
  • cosmosCosmos Hub(ATOM)$14.73-0.55%
  • chainlinkChainlink(LINK)$7.12-1.95%
  • ethereum-classicEthereum Classic(ETC)$23.162.83%
  • moneroMonero(XMR)$173.33-2.74%
  • leo-tokenLEO Token(LEO)$3.35-0.27%
  • bitcoin-cashBitcoin Cash(BCH)$137.64-0.04%
  • stellarStellar(XLM)$0.092746-0.22%
  • filecoinFilecoin(FIL)$5.52-3.59%
  • crypto-com-chainCronos(CRO)$0.080699-0.53%
  • algorandAlgorand(ALGO)$0.2555800.17%
  • vechainVeChain(VET)$0.024736-0.45%
  • internet-computerInternet Computer(ICP)$5.80-3.14%
  • aaveAave(AAVE)$88.96-2.41%
  • eosEOS(EOS)$1.091.34%
  • elrond-erd-2MultiversX(EGLD)$45.422.63%
  • theta-tokenTheta Network(THETA)$1.090.96%
  • tezosTezos(XTZ)$1.121.26%
  • huobi-tokenHuobi(HT)$5.8711.68%
  • paxos-standardPax Dollar(USDP)$1.000.57%
  • bitcoin-cash-svBitcoin SV(BSV)$42.91-1.41%
  • havvenSynthetix Network(SNX)$2.51-4.75%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.11-3.31%
  • dashDash(DASH)$61.69-1.91%
  • iotaIOTA(MIOTA)$0.2353390.34%
  • neoNEO(NEO)$8.914.03%
  • makerMaker(MKR)$673.76-0.82%
  • zcashZcash(ZEC)$46.25-2.79%
  • zilliqaZilliqa(ZIL)$0.0287790.62%
  • basic-attention-tokenBasic Attention(BAT)$0.269877-0.54%
  • compound-governance-tokenCompound(COMP)$53.76-4.32%
  • nemNEM(XEM)$0.0402561.69%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$37.261.38%
  • bitcoin-goldBitcoin Gold(BTG)$17.34-0.38%
  • sushiSushi(SUSHI)$1.537.89%
  • qtumQtum(QTUM)$2.76-0.21%
  • wavesWaves(WAVES)$2.60-0.54%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • yearn-financeyearn.finance(YFI)$7,726.820.11%
  • golemGolem(GLM)$0.2526143.30%
  • omisegoOMG Network(OMG)$1.511.66%
  • ontologyOntology(ONT)$0.2170660.01%
  • digibyteDigiByte(DGB)$0.010914-2.12%
  • umaUMA(UMA)$2.08-0.93%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%