[00:03] new rules to create a regulatory framework for cryptocurrencies. We have important news, regulatory news. Senator Cintia Lumi also spoke about the date yesterday, did n't she?  The date for the vote on the
[00:16] Clarity Act.  Um, we've also got some new news about ETFs, and listen up, because today isn't just Ripple's meeting at the White House with Donald
[00:29] Trump, Coinbase, Robin Hood, and other exchanges, but there's another event today that we're definitely going to highlight in this video.  First, as always, let's take a quick look at the crypto market to see
[00:43] how the market is doing from a price perspective, not a value one.  Right now we have the XRP token in a dollar-free position with a recovery of 0.8%.  We're neutral, guys.  There is no recovery, there is no
[00:57] fall.  The price is currently stable.  Daros realize that there is a lot of buying pressure on the price of dó .  For XRP to fall below the dollar, there needs to be greater selling pressure; there needs to be a
[01:09] major event that shakes up the cryptocurrency market, and so far, we've had that .  Right now what we are seeing is XRP holding up quite well in the area where we have Bitcoin at $64,300
[01:23] we have Bitcoin at $64,300 with a recovery of 0.3%.  XLM is at 155 with a recovery of 1.6%, so there are recoveries, there are also sales happening in some projects, but nothing, nothing,
[01:38] nothing to highlight.  I would say that the entire crypto market is currently at a neutral point, uh, small variations, nothing out of the ordinary.  Okay, news, but first, as always, remember to leave a like so this
[01:51] video can rank higher and be recommended to other users on the YouTube platform.  Hey, subscribe and turn on all the notification bells so you don't miss any updates. Okay, okay, today, Wednesday, today,
[02:04] Wednesday, we have the meeting at the White House, right?  That crypto summit in which Ripple, Coinbase, Robin Hood, and Donald Trump will participate.  So that? to regulate the crypto market.  But not only that event, but also today,
[02:18] Wednesday, we have the minutes from the Fed meeting. As you know , any data, or any analysis, that suggests an increase in interest rates, for example, is going to move the
[02:33] cryptocurrency market.  Therefore, we must also pay attention to these types of events, macroeconomic events, because at the moment what we do know is that the probability of raising rates has decreased, has diminished through the latest
[02:46] macroeconomic data we have received on inflation, but we still have to pay attention because this report will make it clear, or at least give us a clue, about what will happen during the next
[02:58] meeting, the September meeting, okay?  So today, two important pieces of information, or rather, two important events, specifically the Fed meeting, okay?  Those minutes, those records, and then on the other
[03:11] hand, the summit shouted, the White House, eh, the one that is going to take Ripple among other giants within the cryptocurrency market.  But notice that the SEC has n't stopped, eh, the SEC really hasn't stopped.  They have just published
[03:27] regulatory framework, of course, for cryptocurrencies.  Well, we'll have the details here, and pay attention because this is crazy, huh?
[03:39] Yesterday, August 18th, the US SEC new clear rules called "regulation crypto assets
[03:53] called "regulation crypto assets this mean?  What does this mean in simple terms?  Until now, many cryptocurrency companies didn't know exactly how to sell their tokens without getting into
[04:08] trouble with the law.  There was a lot of uncertainty and many preferred to go to other countries.  You know, you know, with the story of Gary Gensler.  Now, the SEC is proposing a clear and tailored framework, meaning that the main new features
[04:22] will provide protection.  There are three, there are three, three new things, which are these three.  Extension for startups that allows you to raise
[04:35] up to $5 million over a 4-year period without having to fully register as a traditional company.  A fundraising extension, okay?  It can raise up to $75 million every 12
[04:49] months.  Here you do have to submit financial statements and periodic reports.  In both cases you just need to give investors basic and clear information , okay?  What is the project, risks, etc.  Then we also have
[05:04] a safe harbor, okay?  If the project has already ended or definitively abandoned all the management promises it made at the beginning, that is, it no longer controls the development, then the token ceases to be considered an investment contract and
[05:18] therefore is no longer a security according to the SEC.  This clarifies things, okay?  At no point can the token cease to be regulated as a security.  The goal, then, will be to make it easier for crypto projects to raise capital in the
[05:32] United States, attract innovation back to the country, and protect investors at the same time. This is important.  In any case, this is only a proposal and there are now 60 days for public comments, after which the SEC will
[05:46] decide whether to test it in its final version, which could take months or not.  In summary, the SEC is providing clearer and more friendly rules for the crypto sector, something the market has been asking for for years.  This part about platforms doesn't really
[06:01] affect us much from Ripple, from XRP, since XRP has already been the clarity law is very important .  The law of clarity is
[06:15] broader; it is a law, not just clear rules. I mean, there is a difference; there is more weight, more legitimate validity for the law compared to clear rules.  I'm not saying that clear rules won't be valid
[06:30] , but a law would protect the crypto market, even with a new president, right?, in the United States, a new administration.  Clear rules can be changed if a new
[06:42] administration that is anti-establishment comes in.  But anyway , at least the proposal so far, what we've seen doesn't accept XRP.  Guys, if you want to earn €20 completely free, yes, totally
[06:55] free money for you, take advantage of this promotion because they're going to give you these this promotion because they're going to give you these €20 in XRP, which today, uh, €20 in €20 in XRP, which today, uh, €20 in XRP, well, that's about 17 or 18 XRP, not
[07:07] bad because today each XRP is worth €1.19 to $1.40, okay? So, realize that when it enters the utility market it won't be worth 112
[07:19] or 40, it will be worth more.  So take advantage of this promotion because you don't buy it, they're going to pay you this bonus directly in XRP.  [snort] And invest, okay?  And I'll also tell you in advance, you simply create an account with the
[07:34] the description of this video.  You verify your account, it's other exchange with platforms that complies with Mica, as Bitbabo does in this case. And step number three is to make a deposit of €20. Okay, you don't have to
[07:49] do anything else, that is, you don't have to invest those €20. What's more, you can deposit €20 and when you get paid the €20 in XRP, you withdraw your €20 back to your bank.  That way you're not investing anything at all.  And it's literal, you don't have to
[08:02] A deposit is a deposit, not an investment.  So I'll leave all the video.  I'm leaving you the link so you can take advantage of this promotion because it's only available for a limited time.  We continue.  Here we have the CEO of Robin Hood Black Tenev,
[08:17] are at the beginning of a tokenization supercycle that will swallow the entire financial system. The change from the traditional financial system to the
[08:31] blockchain-based financial system is definitely going to happen eventually; it's happening right now.  And if it's going to be a super cycle of tokenization, because of course, in order to settle within the blockchain you have to have it tokenized, right?  What you're going
[08:45] to move.  That's why it's very important that everything is tokenized, and once everything is tokenized, or once the part you're going to move is tokenized, it will start to settle through the blockchain.
[08:58] But of course.  In the end, we're going to see a supercycle of tokenization in which we'll have several projects that will swallow up those billions and trillions of dollars within the blockchain.  Senator Cintia Lumis has
[09:14] said that the Senate is officially scheduled to vote on the Clarity Act on September 15. The date has not changed and we have already received several confirmations.  We're a little less than a month away.  A
[09:27] little less than a month, but hey, we're on the right track.  Well, surely soon we'll be able to have more details about the agreements that Democrats and Republicans are making, but it's a good sign
[09:42] that for the moment, well, there's more than official confirmation from the Senate that there will be a vote that day, although it's not the final vote, proceed, although it's the vote, I would say , even more complex and not
[09:56] the most important, but certainly the most complex, because we need 61 votes. Finally, ETFs.  Let's see how much the ETFs have achieved.  We have the ETFs have achieved.  We have Bitcoin with 189 million purchases,
[10:08] $71 million in Ethereum, Solana $ 1.58 million and XRP $5.81 million.  There are purchases in all ETFs and XRP is also managing to attract those
[10:21] you liked the video. If you did , leave a like and see you in the , leave a like and see you in the next video, guys.  Yeah.