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Blockchain technology and digital currencies are gaining grounds despite being fought by regulators over the years. Digital currencies and blockchain technology are here to stay, and regulators have not been able to stop them. Regards are beginning to see this.
In the U.S, digital currencies and their underlying technology are becoming popular, and their adoption and use cases have also grown significantly over the years. According to a report by Bloomberg on the 27th of September, there is a movement on the community of blockchains and digital currencies.
Ripple Inc. Leads a Coalition to a Bipartisan Lobby Group for Assistance
Ripple Inc. will be leading a group of San Francisco digital currency startups to financial regulators and lobby lawmakers in Washington, DC to support technology and digital currencies. According to the report, the group is dubbed SAIV (Securing America's Internet of Value Coalition) and includes several blockchain startups based in the United States, including RippleWorks, Hard Yaka, Coil, and Polysign.
The firms are planning to pay the bipartisan lobby group – Klein / Johnson Group – in XRP to support the blockchain and the digital currency community in transition to the regulators that the blockchain and the digital currency industry.
The new coalition group is aimed at softening the stance of the U.S. government to support competitions and encourage innovation in the ecosystem of digital currency markets all over the world. The group aims to promote an equitable and fair Internet of Value, and they want to create an enabling environment for this.
XRP (XRP) Price Today – XRP / USD
At the time of writing, XRP is changing hands at 57 cents after an increase of about 8 percent over the past twenty-four hours. The current market cap of XRP is $ 22.84 billion and its trading volume over the past twenty-four hours is $ 1.03 billion.
