Robinhood increasingly targets crypto investors

Reparations? – Robinhood increasingly targets crypto investors

Controversial trading platform Robinhood is looking to expand its crypto business and is already working diligently in that direction.

In an interview with the company’s own YouTube channel, CEO Vlad Tenev explained yesterday (Thursday) that to this end, the workforce is to be expanded and even more cryptocurrency pairs are to be Bitcoin Profit added to the trading platform’s listing. According to the Robinhood chief executive:

„Just as people bug me about it on social media, I bug our crypto department and our developers about it. We are working on it at full speed. Let’s wait and see. Maybe we’ll add some new cryptocurrencies very soon.“

In addition to the increase in available supply, Tenev also takes a stance on a possible Robinhood wallet in the conversation. However, the CEO is cautious about this, saying that extensive testing would be needed before the platform could in good conscience launch its own crypto wallet.

As Cointelegraph had reported, the number of crypto traders on Robinhood increased by 6 million users in the first two months of the new year. This is more than 15 times the average recorded in 2020.

A larger service offering could bring even more demand in the future, which is why Robinhood has already taken strategic measures to cope with the increased traffic.

What sounds obvious could make a crucial difference, however, because crypto exchanges always go down when the market is running particularly hot.

Addressing the GameStop affair, in which Robinhood played a leading role and drew the ire of small investors, Tenev admits that it did indeed bring his company a lot of negative publicity.

He suspects that it will take several months for the platform to recover from this

The accusation was that Robinhood had temporarily suspended trading in GameStop shares in order to protect some large companies in the financial sector. Small investors had conspired to buy the stock together, causing massive losses for some hedge funds. The trading platform disputes this reading, saying that the temporary halt would rather have been due to compliance with applicable regulations. Accordingly, Tenev also emphasises in the interview that Robinhood wants to make efforts to provide clarification in this regard.

The announcement about the expansion of the crypto business comes at a time when the big competitor eToro is apparently aiming for an IPO on the NASDAQ. A corresponding agreement with the investment firm Fintech V should make this possible in the second quarter of 2021.

Bank of America siger, at den eneste gode grund til at holde Bitcoin er „ren og skær prisforhøjelse

Bank of America ser ingen god grund til at eje bitcoin andet end „ren og skær prisforbedring.“ Firmaets strateger fandt, at kryptovalutaens „inflationsafdækningsfordele ikke er særligt tydelige“.

Bank of America hævder også, at bitcoin ikke tilbyder diversificeringsfordele og er „upraktisk som et lager af rigdom eller betalingsmekanisme.“

Bank of America ser én god grund til at eje Bitcoin

Et Bank of America-team ledet af strateg Francisco Blanch sagde i en rapport offentliggjort onsdag, at der er „ingen god grund til at eje bitcoin, medmindre du ser priserne stige“. Blanch er leder af Global Commodities, Equity Derivatives og Cross-Asset Quantitative Investment Strategies hos Bank of America Merrill Lynch Global Research.

Strategerne skrev, at „Bitcoin er … blevet korreleret til risikoaktiver, det er ikke bundet til inflation og er fortsat usædvanligt volatilt, hvilket gør det upraktisk som et lager af rigdom eller betalingsmekanisme.“

De fortsatte:

Det vigtigste porteføljeargument for at holde Bitcoin er ikke diversificering, stabile afkast eller inflationsbeskyttelse, men snarere ren og skær prisforbedring, en faktor, der afhænger af, at Bitcoin efterspørgsel overgår udbuddet.

Med hensyn til at bruge bitcoin som en afdækning mod inflation på grund af sin faste forsyning, Bank of America strategerne konkluderede, at baseret på deres data, bitcoin „inflationsdækning fordele er ikke særlig tydelig.“

Strategerne nedtonede også kryptovalutaens diversifikationsfordele

I Bank of America-rapporten hedder det, at bitcoin-prisen er mere positivt korreleret „med aktier og råvarer, mens den er neutral/lidt korreleret med havnegoder som dollar og amerikanske statspapirer.“ Desuden har dens „korrelationer med risikoaktiver som MSCI World tendens til at bevæge sig i takt, selv på tværs af aktivklasser.“

De Bank of America strateger uddybede:

„Hvis vi ser år for år, finder vi, at Bitcoin har været positivt korreleret med CPI-inflation i 5 ud af de 9 seneste år, med de største korrelationer i 2014 og 2018 … Men når vi ser på korrelationer med inflationsoverraskelser siden 2011, finder vi, at Bitcoin har blandt de laveste co-movements, halter de fleste aktivklasser som råvarer, TIPS og EM FX i særdeleshed.“

Bitcoin pris har gentagne gange ramt rekordhøjder i løbet af de seneste måneder. I skrivende stund ligger prisen på 57.201 dollar, op næsten 78% siden begyndelsen af året og omkring 24% siden begyndelsen af måneden. Bank of America siger, at BTC-prisstigningerne i høj grad blev drevet af institutionelle købere, der annoncerede store køb, såsom Elon Musks Tesla, Square, Paypal og Grayscale Bitcoin Trust.

Finding Reliable SPS Reviews For Your Security System

Are you aware of the Security Products Reviews? This is one of the best ways to learn about the latest security products and their features. These SPS Reviews can be found in many online websites and are updated on a timely basis so that consumers can get the best of services and the most reliable security technology that they need at the best price. These are usually prepared by leading security technology companies who have been in this business for quite some time and have acquired huge experience and expertise in this particular field. These companies also have to take into consideration the changing threats and the latest trends in the market. This makes it very difficult to keep up with the competition and come out with the best products that can give your company the right kind of protection. https://www.deviantart.com/toolreviewexpert/journal/Oto-Upsell-Info-Can-Help-Your-Business-Grow-872261009

The company reviewing the security products will first look into the technical aspects like the software, the hardware and other important systems that help in managing security. They will then go deeper into the areas that are related to the management of data, people and infrastructure security. There may be other areas that are not included in these reviews but these are the most critical ones because these will dictate the way the product should be designed and implemented. Hence, these reviews are very important in making decisions about the security technology and the best companies that provide these products. Review and Bonus

A typical SPS review will contain specifications and information on the security system and various areas that these review writers will concentrate on. Some of the most common areas that these experts will take into consideration are the physical components of the system like the hardware, sensors and controls, network security, management, architecture and integration. They will also consider the application security like software, desktops, laptops, desktop machines and other devices and their configuration. All these areas will provide a thorough insight into how these companies have designed and created a security system that will meet your unique needs.

These reviews also provide the users with the opportunity to provide feedback and share their experiences. This helps improve the quality of services offered by these companies. It is essential for these reviews to have valid and reliable sources and this can only be guaranteed if the review has been written by professionals. Only those who are knowledgeable and experienced can provide such feedback and this is the reason why only some of them are considered.

The feedback that users provide during SPS review will also help the company to determine whether or not they are meeting the expectations of the customers. Therefore, the companies have to pay very close attention to what their consumers are saying. Through these reviews, they will also be able to understand what their clients are looking for and this will allow them to provide their customers with an enhanced level of service.

As a matter of fact, it is not very hard to find a reputable SPS review because there are lots of review sites that provide information about these systems and these will be found in most of the search engines. However, before you start reading a review, you have to make sure that you are not being misled because there are a lot of review that contains biased statements and reviews. This means that the writer of such reviews has an interest in promoting one security system over another.

Although there are lots of ways in which a consumer can determine if a certain security system is good or not, the safest way is to read as many SPS review as you can. You will be able to know the pros and cons of a certain SPS before you actually purchase one for your home. By doing this, you will also be able to save money on your security system since you will be able to compare prices. There are also some companies that offer discounts on their products especially if you buy in bulk.

There is no need for you to be confused when reading a review. You have to pay extra attention to the keywords used so you will be able to get the accurate information. If you want to be careful, you can consult reviews from security companies that have more experience and expertise in this field. There are also a lot of article directories that contain information about SPS review and it is very important for you to read these review before deciding on what type of system to buy.

MicroStrategy samlar in $ 600 miljoner … nej, $ 900 miljoner för att köpa mer Bitcoin

Om köpet går som planerat kommer affärsunderrättelsesföretaget att hålla mer än 3,5 miljarder dollar i Bitcoin som reservtillgång.

Efter ett tisdagstillkännagivande att MicroStrategy planerar att köpa 600 miljoner dollar i Bitcoin ( BTC ) genom en försäljning av konvertibla sedlar, har företaget Business Intelligence ökat ante med ytterligare 300 miljoner dollar.

MicroStrategy sa på onsdagen att det skulle sälja 900 miljoner dollar i konvertibla seniornoter som skulle betalas 2027 i ett privat erbjudande till kvalificerade institutionella köpare

Enligt företagets uppskattningar kommer intäkterna från försäljningen att vara cirka 879 miljoner dollar. Det tillade dock att det kan vara så högt som 1 miljard dollar „om de första köparna utnyttjar sin möjlighet att köpa ytterligare sedlar till fullo.“

Business intelligence-företaget sa att det förväntades stänga erbjudandet på fredag, vid vilken tidpunkt det skulle „förvärva ytterligare Bitcoin.“ Med priset på Bitcoin som nått en heltidshöjd på mer än 51.000 dollar på onsdag kan MicroStrategy snart ha ytterligare 19 000 BTC i kassan.

MicroStrategys ursprungliga Bitcoin-investering på 250 miljoner dollar i augusti 2020 har mer än fördubblats, med tanke på kryptotillgångens senaste bull run

Business intelligence-företaget har sedan dess köpt 16 796 BTC för 175 miljoner dollar i september 2020, sedan 29 646 BTC för650 miljoner dollar genom emission av obligationer i december 2020. Dessutom köpte företaget 314 Bitcoin för 10 miljoner dollar i slutet av januari och 295 BTC för 10 miljoner dollar tidigare denna månad.

Om köpet går enligt plan kommer affärsunderrättelseföretaget att hålla mer än 3,5 miljarder dollar av kryptotillgången i sina reserver, eller ungefär 90 000 BTC. Detta skulle innebära att företaget skulle kontrollera 0,48% av Bitcoins cirkulerande tillgång.

What You Should Know Before Choosing A Home Security System

Home security typically includes both the physical security hardware installed on a house and people’s personal protection techniques. Physical security equipment is security cameras, burglar alarms, motion detectors, door and window alarms, and other security devices designed to prevent and record unauthorized entry into homes and buildings. Personal protection equipment is what lets homeowners know that when they are at home they can protect themselves and family members from intruders. This may include guns, knives, stun guns, pepper sprays, and other self-defense items. Home Security Tips & Resources

Many home security systems offer some type of trial period. During this time, a homeowner will have the opportunity to try out the product before purchasing it. Many products have a limited time for trial, ranging from thirty days to ninety days. Homeowners may wish to try the product for a specific length of time in order to determine if it is the right option for their situation. great post to read

Some of the most advanced home security systems offer real-time video recording capability. Some installation services work with video camera manufacturers to integrate live video into their system. These cameras can pan and zoom in on homes and their locations and also can trigger the alarm automatically. The ability to view the video feed on a tablet or smartphone makes these types of systems even more valuable for families who feel unsafe while they are at home.

Installing a Home Security System does not have to be a difficult or time-consuming experience. Today’s technology and extensive installation manuals make the process easy enough for anyone to do. Homeowners can choose from a number of smart home devices and components. Some of these options include:

Most home security systems today are designed with long-term contracts in mind. In some cases, customers sign up for a three or six month contract with a company. These contracts often require the customer to purchase a monitoring system as part of the installation package. While some companies like to sell consumers short by providing a shorter contract length, others provide longer term contracts where customers can purchase an entire monitoring system for a set monthly price. These long-term contracts allow consumers to budget their money more effectively, allowing them to pay off their system more quickly.

A DIY Home Security System can be installed using simple do-it-yourself skills, saving homeowners the time and expense associated with hiring professionals. When choosing a company to provide long-term contract monitoring, always look for companies that offer free installation, but also offer the option to upgrade at any time. Many DIY kits include everything needed to install a home security system, including: a motion detector, high-tech cameras and microphones, a monitor and doorbell. Most long-term contracts require the purchase of additional equipment, but these basic kits can be purchased at most major home improvement stores and even electronics stores online.

Be sure to check the terms of your contract when it comes to adding additional monitoring components, such as smoke detectors. Some companies charge additional installation fees when smoke detectors are installed, but most offer a full guarantee against false alarms. Longer-term contracts may also require the purchase of additional monitoring equipment, such as fire alarms and heaters. Some DIY kits include these items, but it’s best to contact your provider if you plan to install these items on your own.

The front point of almost all home security systems are the building’s exterior doors and windows. Unfortunately, a large percentage of these doors and windows are not equipped with sturdy locks. Installing deadbolts on your exterior doors and windows is a simple task that many DIYers find to be quite enjoyable. DIY home security systems are often sold with a variety of deadbolt selections, so before making your final purchase, be sure to select a set that works best for your needs.

Hire a Building Company

Building Company Limited (a Licensed Practical and Supervision Company) is a professional corporation duly registered under the Companies Act 2021 which is a Limited liability partnership. The company has been incorporated on 3rdFebruary 2021. It offers a wide range of commercial services all over the UK and, since operating subsidiaries, it offers a variety of other services too, in most parts of the globe. XMX Ltd

The Building Company Limited can be called upon to undertake and complete works for a vast range of requirements arising from general engineering works, site surveys and related works to the design and installation of various building related works. Under the name of ‚Building Company‘ the company undertakes all types of construction jobs, from high-rise tower works to precast/stacked foundations, claddagh patios, and even steel erection and dismantling work, just to name a few. It also undertakes roofing, partitioning, and partition installation work, removal of asbestos and other debris, fitting out buildings and edifices with fittings, taking and installing concrete sheets and slabs and undertaking any other preparatory task necessary for undertaking any building work. Besides, it can be called upon to undertake architectural designs and provide consultancy services. More info

For the large commercial projects like office buildings and shopping malls, the company is called upon to take over the entire job from ground zero until the project is up and running. Moreover, it can be called upon to undertake smaller works like refurbishment works at individual stores and locations or just the installation of new equipment. The firm provides the complete services to its customers, providing skilled labour at competitive rates. However, the services offered by the London firm do come at an affordable price, which is definitely within your Reach.

The Company London has several branches in major commercial cities across England including: Birmingham New Street, Dockyards London, Holborn, Liverpool, Marston Green, London W1, Sloane Square, Stratford upon Avon and West Wickham. Some of these buildings may need a little more renovation than others. The buildings could have undergone damage during the past few years, or may have been exposed to the vagaries of weather conditions. Hence, the London building work includes such aspects as renovation, reconstructing, repairing and restorations.

You should go for this company if you require specialized services that go beyond basic renovation: brick work, wall work, painting and refurbishment, electrical works, plumbing and drainage, etc. If you are looking for some kind of special installation in a building like bespoke kitchens, bathroom fittings, heating ducts, showers, Video intercoms, security systems, etc., then you should opt for the London building work specialists. The quality of their work is impeccable and they provide all-inclusive works.

Some of the important aspects of building work in London include: undertaking and design of the project, implementation of the project management plan (PMCP), undertaking the project by the respective tenants, and ensuring completion of all the required works within the stipulated time period. Some of these companies also provide additional services like site surveys, pre-construction works like site investigation, site preparation and specification, tender judging, site works, environmental works, consultation services and many more. It is very important to hire experienced and trained building contractors for any project, for example: roofing, ground works, cladding, heating systems, electrical works, plumbing, ventilation, septic tank installation, etc. If you have a property in London and want to renovate it by hiring an experienced building contractor, you can check with one of the several online directory listings of such companies.

If you are looking for a building company in London, then you can check out the online reviews for each company to find out what kind of reputation it has. These building contractors have a team of skilled professionals who work together to create attractive and functional buildings. They are specialized in all types of architectural designing, construction and maintenance, and they use state-of-art techniques and modern equipment. They are equipped with all kinds of necessary machinery and tools to construct various kinds of buildings and are licensed for all their related tasks. They create structures that are safe and secure and can withstand the effects of weather, wear and tear.

One can find a variety of companies in the market according to their requirements. However, you should do your research before hiring any company to carry out a project, because you need to hire a trustworthy and experienced company to manage your construction project in London. Therefore, do not waste any moment and check out the reviews of other clients before making your final decision.

Las 25 principales criptodivisas que hay que conocer en 2021: BTC, ETH, XRP, XLM y más

¿Quieres ver a los analistas de Wall Street en su mayor confusión? Pregúntales sobre las predicciones de la criptografía para el 2021. Como bitcoin, Ethereum, XRP y otros se han disparado en valor, nunca antes Wall Street ha parecido tan indeciso sobre el „oro digital“, un nombre que utilizan para invocar un margen de seguridad. Pero como cualquier inversor experimentado en criptografía sabe, no es así como funcionan las cripto-monedas. En su lugar, es un concurso de popularidad digital donde los ganadores siguen ganando y los perdedores muerden el polvo.

Entonces, ¿qué cripto-monedas pueden hacerte rico en 2021?

Para responder a esa pregunta, tenemos que explorar el mundo de las monedas alternativas, monedas que se pueden comprar a bajo precio. Eso es porque vale la pena llegar temprano. Por ejemplo, 1.000 dólares invertidos en la oferta inicial de monedas de Ethereum Code (ICO) valdrían hoy 3,3 millones de dólares. Mientras tanto, $1.000 invertidos en bitcoin hoy podrían ganar „sólo“ 4-5 veces más si crees en el elevado precio objetivo de JP Morgan de $146.000.

Pero también hay riesgos significativos porque las criptodivisas no tienen valor intrínseco. En cambio, su valor proviene de sus usuarios. Cuantos más usuarios tenga una moneda, más útil se vuelve, y más alto es su precio. Pero cuando una moneda cae en desgracia, no hay nada que le impida llegar a cero. Eso significa que invertir en cripto moneda requiere una fuerte creencia de que otros eventualmente te la comprarán por aún más.

Con tantas monedas, a menudo es difícil saber incluso por dónde empezar. Pero para empezar, aquí están las 25 principales criptodivisas que necesitas saber para el 2021:

  • Ethereum (ETH)
  • Bitcoin (BTC)
  • XRP (XRP)
  • Stellar (XLM)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Polkadot (DOT)
  • Neo (NEO)
  • Celsius (CEL)
  • Nano (NANO)
  • Chainlink (LINK)
  • Monero (XMR)
  • Tether (USDT)
  • Litecoin (LTC)
  • Binance Coin (BNB)
  • NEM (XEM)
  • TRON (TRX)
  • Dash (DASH)
  • Zcash (ZEC)
  • Bitcoin Gold (BTG)
  • Bitcoin Cash (BCH)
  • Bitcoin SV (BSV)
  • EOS (EOS)
  • VeChain (VET)
  • Dai / MakerDao (DAI)

Tengan en cuenta que si bien cada una tiene un enorme potencial, algunas son apuestas más seguras que otras. Como tal, he organizado las criptocurrencias en base a su potencial general de riesgo y recompensa de más a menos equilibrado. Con eso en mente, vamos a echar un vistazo más de cerca al mundo de las cripto-monedas.

Crypto.com Partners With Booking.com To Offer Exclusive Discounts

The Crypto.com platform (CRO) has just concluded a partnership with the travel giant Booking.com. Crypto.com app users will be able to benefit from discounts of up to 25% of the cost of their hosting.

Crypto.com collaborates with Booking.com

The Crypto.com platform begins the year 2021 with a major announcement, the conclusion of a partnership with the travel giant Booking.com . According to the statement , Immediate Bitcoin users will be able to book accommodation through the app, and take advantage of significant discounts.

Without giving further details at the moment, Crypto.com assures that users who make reservations on Booking.com through the app will be able to benefit from discounts of up to 25% of the total cost . The percentage will certainly depend on the number of CRO tokens held by the user.

Crypto.com users now have exclusive access to over 28 million discounted hosting listings:

“In 2020, our Crypto.com Visa card program has grown to be the most widely distributed card in its class, and we know that travel benefits are in high demand,” said Kris Marszalek, CEO and co -founder of Crypto.com

Kris Marszalek adds that Crypto.com now serves more than 5 million users worldwide, and that this partnership with Booking.com is only the first in a long series to come this year.

For Crypto.com, offering such discounts to its users is a big step forward, which will undoubtedly give it greater visibility in the ecosystem.

Although the health situation is still blocking the travel sector today, Crypto.com is taking the lead and will offer a 100% operational service as soon as the situation is restored.

The opportunity to acquire a crypto-card?

To this very interesting advantage are added those of the crypto-cards of Crypto.com, with which it is possible to obtain from 1 to 8% of cashback on his expenses, according to the model. In addition, by ordering a card from the Metal range, each user is eligible for a bonus of $ 25 transferred to the application’s wallet.

All crypto-cards in the Metal range are eligible for this offer, the first being Ruby Steel . To obtain it, all you have to do is deposit 2,500 CRO tokens on the platform, or nearly € 125 at the time of writing. This card gives a 2% cashback on all purchases, in addition to the refund of a Spotify subscription.

At the same time, using the Jade Green and Royal Indigo crypto-cards (25,000 CROs deposited), their holders can have free access to all airport lounges around the world. An advantage that accumulates rather well with the discounts on Booking.com.

Crypto.com greatly enhances the services offered to its users, and they can prepare now to travel at a reduced price as soon as the health situation is acceptable again.

Discover Hydro Jet Technology

Hydro jetting is a revolutionary new form of waterjetting. It is an alternative method to traditional hydrojetting which involves large, expensive machines that pump water at very high pressures through turbine engines. Jetting in itself is no more than an evolution of hydrojetting. It is a way of using the principles of hydrojetting with a more economical and ecological design. https://casewersurgeon.yolasite.com/

Hydro jetting is most commonly used on fresh water locks and estuaries where the water levels are extremely low. It is a highly productive method of hydrojetting as it has the ability to create a consistent flow rate. This means that there is a much higher chance of more hydrocarbons being recovered. The higher the flow rate, the more hydrocarbon production.

The Sewer Surgeon

There are a number of benefits to using hydro jetting on lock and estuary structures. Firstly, it is far more cost effective than conventional hydro jetting. Using new technologies and modern designs, hydro jetting plants don’t need to be right on the doorstep of the lock or estuary and can be situated anywhere. Secondly, hydro jetting can take less time than hydrojetting, so the results can be far more rapid.

The main source of energy for hydro jetting plants is electricity, with oil being used for the turbine blades. The electricity is generated by a turbine that is then connected to the hydroelectric plant. A second power generation facility known as a power train is used to move the energy to where it’s needed, primarily to the hydroelectric plant. The hydro jetting turbines are placed on top of the water and used to pump the oil or gas into the well. The hydro jet is then forced into the oil or gas to be pumped out.

Because the hydro jet is so powerful, no boat, personal inflatable or other moving device can be used to push the hydro jet or the oil or gas through the well. This limits the amount of hydro jet activities that can be done on board a hydro jet boat. In addition, in most areas, a boat can only be in hydro jet status for a limited amount of time due to the height of the water. Also, some boats may need to be left in an area for several hours after hydro jetting to allow the oil or gas to properly percolate down and exit the well.

The hydro jetting industry has been active for many years. In the 1950s, many hydro-jets were placed on exploratory hydrocarbon finds. The hydro jet became popular with commercial fishermen and boaters, especially those who used the equipment for deep sea fishing. In recent years, commercial interests have focused on using the technology for oil extraction. In this process, a boat or other craft is sent into the area to sample the oil or gas, which is then brought back to the hydro jet plant. This process saves hydro jet plants the costs of having to rent or buy expensive analytical equipment.

However, the most popular hydro jet is still in the off-season, and that is in the spring. The spring season offers many unique opportunities to sample hydro gases from off the coast of Alaska, and also allows for many unique new discoveries to be made. The hydro jet sites are the ideal location to discover new hydrocarbon reserves because of their great similarity to Earth’s continental shelf. There is a wide range of hydro jet locations available; however, the most productive sites tend to be located along the continental shelf of the Gulf of Mexico and the Eastern Pacific Ocean.

Many commercial hydro jet companies offer trips out to hydro jet locations in the spring and summer. This is an excellent opportunity for the adventurous traveler and offers many new experiences. Although hydro jetting in the spring and summer months can be quite productive, the number of boats that can be made available at any given time will depend on the hydro plant facilities being used and how far those facilities are from the boat basin. Most of the large hydro jet sites have several flights available daily to accommodate the demand.

As exchanges move away from XRP, Ripple has the support of SBI Holdings in Japan

The company says that in Japan, XRP is just cryptography and its nature is guaranteed by law.

In the rest of the world, however, several exchanges have removed XRP from their platforms.

The Trust Project is an international consortium of media organisations based on transparency standards.

Not everyone is against Ripple, at least not in Japan. Its partner and market giant in Japan, SBI Holdings, has said it fully supports Ripple’s expansion in the Asian country.

According to the company, the SEC’s view that XRP is a security is not unanimous in the governments of all countries. Among them is Japan.

In a statement released Monday, December 28, SBI says XRP is only a digital currency. Furthermore, the company confirms that the country’s regulations provide a basis for this perspective.

In support of its statement of support for Ripple, SBI cites a recent article written by researcher Sadakazu Osaki. Sadakazu Osaki, an analyst at the Nomura Research Institute, Japan’s largest economic research firm, says in the article:

XRP is widely traded by cryptomoney asset swap companies in Japan. According to Japanese law, XRP is a „cryptographic asset“ within the meaning of the Fund Settlement Law. It has been concluded that it is not a „security“.

SBI is aware that the SEC’s lawsuit against Ripple runs counter to its views. Its representatives state that there is no reason to remove XRP from the country’s exchanges.

Ripple SBI
Partnerships continue
Ripple has been developing partnerships since October with SBI Holdings, a Japanese financial services company.

Among them, Ripple plans to integrate its RippleNet technology into the payment platform of the Japanese company SBI MoneyTap. The idea was thus to reduce transfer costs in the country.

In addition, the company’s publication confirms that XRP will continue to be traded normally on the company’s exchange platform, SBI VC Trade. In particular, the partnership between the two companies has made it possible for e-sports players to receive XRP salaries for the first time in history.

Finally, the Japanese conglomerate confirms that it is investing in Ripple shares, but not directly in XRP. As a result, the company states that it will not be directly affected by the SEC lawsuit, according to an excerpt from its publication :

Although the group invests in Ripple shares, it does not invest directly in XRP. …] The decline in the price of XRP has virtually no adverse effect on our consolidated trading results.

Ripple SBI
The support of SBI Holdings is an exception
Despite the strong support Ripple has received from SBI Holdings, the company finds itself virtually abandoned in the crypto market. Day after day, the major trading platforms announce that they are going to remove cryptography from their trading lists.

Bitstamp’s announcement to remove XRP from the platform as of January 2021 has perhaps had the greatest impact to date, as it is one of the largest exchanges in the world.

Other exchanges such as OSL, CrossTower, Beaxy and Hashdex in Brazil have also announced the removal of XRP from their platforms. Under the close supervision of the SEC, these exchanges are concerned that the interconnection of XRP could end up having a negative impact on their platforms.