{"id":391690,"date":"2019-07-31T01:00:43","date_gmt":"2019-07-31T01:00:43","guid":{"rendered":"https:\/\/wncen.com\/?p=391690"},"modified":"2019-07-30T19:34:55","modified_gmt":"2019-07-30T19:34:55","slug":"ripple-crypto-controversy-facebook-libra","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/","title":{"rendered":"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/crypto\" rel=\"nofollow\">Crypto<\/a> was designed to eventually serve as a complete replacement for fiat currencies like the US dollar as the entire world moves into a fully digital age, so money itself can more easily and quickly be managed without the requirement of a third-party intermediary. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">But it wasn\u2019t until Facebook, one of the largest and most powerful corporations in the entire world, announced their plans to launch a crypto asset called Libra that was designed as a 1:1 replacement for the dollar and other fiat currencies that US regulators began to take a defensive and potentially reactive stance against crypto, <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a>, and <a href=\"\/tag\/libra\" rel=\"nofollow\">Facebook Libra<\/a> itself. And now, as that controversy heats up, Ripple is siding with US regulators, saying that a \u201cnew fiat currency\u201d isn\u2019t needed and that the dollar is perfectly suitable \u2013 an even makes negative comments towards Bitcoin and Ethereum in an attempt to distance his company from the rest of the crypto space and divert the attention towards the competition.<\/span><\/p>\n<h2>Ripple CEO Makes Splash Condemning Crypto Competitors, Saves Face with Regulators<\/h2>\n<p class=\"p1\"><span class=\"s1\">Following weeks of controversy surrounding Facebook Libra, fears over the corporation becoming too powerful when <a href=\"https:\/\/wncen.com\/2019\/07\/05\/facebook-libra-cryptocurrency-personal-privacy\/\">privacy is an issue<\/a>, and concerns over what it could mean for the US dollar, the once bullish crypto market has begun to take caution that stiff regulation may be ahead.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/07\/16\/facebook-libra-distrust-crypto\/\">The United States\u2019 Distrust in Facebook Libra Is Spilling Into Crypto\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">During a recent conversation on Bloomberg TV regarding the much-discussed, hot-button financial and technology topic, <a href=\"\/tag\/ripple\" rel=\"nofollow\">Ripple<\/a> CEO Brad Garlinghouse lashed out at Facebook Libra, Bitcoin, and Ethereum, and took every step possible to align with chief financial regulators in the US and divert negative attention away from his company\u2019s native crypto token, <a href=\"\/tag\/xrp\" rel=\"nofollow\">XRP<\/a>.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&quot;I think the U.S. dollar works pretty well. We don&#39;t need a new fiat currency&quot;&#8211; Ripple CEO Brad Garlinghouse on why he thinks Facebook took an arrogant approach with Libra<a href=\"https:\/\/t.co\/faVtrXTMej\" rel=\"nofollow\">https:\/\/t.co\/faVtrXTMej<\/a> <a href=\"https:\/\/t.co\/aAs8YyyiEU\" rel=\"nofollow\">pic.twitter.com\/aAs8YyyiEU<\/a><\/p>\n<p>&mdash; Bloomberg TV (@BloombergTV) <a href=\"https:\/\/twitter.com\/BloombergTV\/status\/72310272?ref_src=twsrc%5Etfw\" rel=\"nofollow\">July 29, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">Garlinghouse first claims that while Facebook\u2019s efforts are \u201cambitious,\u201d but also \u201carrogant\u201d for trying to replace fiat currency. \u201cWe don\u2019t need a new fiat currency,\u201d he added. <\/span><\/p>\n<blockquote>\n<p class=\"p1\"><span class=\"s1\">\u201cFinancial regulation matters. Know your customer and anti-money laundering, and anti-terrorist financing\u2026 these are important foundational pieces of our financial system, and we need to make sure that the future constructs keep that in mind,\u201d Garlinghouse told <a href=\"https:\/\/twitter.com\/bloombergtv\/status\/72310272?s=21\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Bloomberg<\/a>.<\/span><\/p>\n<\/blockquote>\n<p class=\"p1\"><span class=\"s1\">He worries that \u201clegitimate projects working on taking advantage of crypto to solve real problems get caught in the\u201d US government versus Facebook crossfire, and says President Donald Trump\u2019s <a href=\"https:\/\/wncen.com\/2019\/07\/12\/trump-blasts-bitcoin-for-illicit-use-as-ny-college-is-hit-with-2m-ransomware\/\">blanket statement that all cryptocurrencies are bad<\/a> is akin to not liking an internet company in 1997, suggesting that the industry is young, will mature and change, and many of the early, hype-driven projects will fizzle out long before crypto is widely adopted.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Garlinghouse hoping to play nice with financial regulators in their home country of the United States, makes perfect sense, especially in response to Libra being major competition for the brand. The segment host even comments on how Facebook\u2019s Libra crypto asset is in opposition to XRP, Ripple\u2019s native token.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/07\/22\/swift-ripple-xrp-cross-border-payment\/\">SWIFT Approaching Ripple (XRP) Speeds In Latest Cross-Border Payment Trial<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">Rather than stopping with Libra, the Ripple CEO also took jabs at Bitcoin and Ethereum, and strategically pushing buttons of US regulators that may be watching. He says that Ripple is working \u201cwith banks, with regulators,\u201d unlike Bitcoin and Ethereum that are \u201ccontrolled by Chinese miners.\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In the end, the CEO is protecting his brand, product, and investors by attacking Bitcoin and Ethereum, and fueling additional concerns around Libra, Garlinghouse will need to be careful not to drag the entire crypto industry through the mud while he does so, or risk tarnishing his own brand in the process.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto was designed to eventually serve as a complete replacement for fiat currencies like the US dollar as the entire world moves into a fully digital age, so money itself can more easily and quickly be managed without the requirement of a third-party intermediary. But it wasn\u2019t until Facebook, one of the largest and most powerful corporations in the entire world, announced their plans to launch a crypto asset called Libra that was designed as a 1:1 replacement for the dollar and other fiat currencies that US regulators began to take a defensive and potentially reactive stance against crypto, Bitcoin, and Facebook Libra itself. And now, as that controversy heats up, Ripple is siding with US regulators, saying that a \u201cnew fiat currency\u201d isn\u2019t needed and that the dollar is perfectly suitable \u2013 an even makes negative comments towards Bitcoin and Ethereum in an attempt to distance his company from the rest of the crypto space and divert the attention towards the competition. Ripple CEO Makes Splash Condemning Crypto Competitors, Saves Face with Regulators Following weeks of controversy surrounding Facebook Libra, fears over the corporation becoming too powerful when privacy is an issue, and concerns over what it could mean for the US dollar, the once bullish crypto market has begun to take caution that stiff regulation may be ahead. Related Reading | The United States\u2019 Distrust in Facebook Libra Is Spilling Into Crypto\u00a0 During a recent conversation on Bloomberg TV regarding the much-discussed, hot-button financial and technology topic, Ripple CEO Brad Garlinghouse lashed out at Facebook Libra, Bitcoin, and Ethereum, and took every step possible to align with chief financial regulators in the US and divert negative attention away from his company\u2019s native crypto token, XRP. &quot;I think the U.S. dollar works pretty well. We don&#39;t need a new fiat currency&quot;&#8211; Ripple CEO Brad Garlinghouse on why he thinks Facebook took an arrogant approach with Librahttps:\/\/t.co\/faVtrXTMej pic.twitter.com\/aAs8YyyiEU &mdash; Bloomberg TV (@BloombergTV) July 29, 2019 Garlinghouse first claims that while Facebook\u2019s efforts are \u201cambitious,\u201d but also \u201carrogant\u201d for trying to replace fiat currency. \u201cWe don\u2019t need a new fiat currency,\u201d he added. \u201cFinancial regulation matters. Know your customer and anti-money laundering, and anti-terrorist financing\u2026 these are important foundational pieces of our financial system, and we need to make sure that the future constructs keep that in mind,\u201d Garlinghouse told Bloomberg. He worries that \u201clegitimate projects working on taking advantage of crypto to solve real problems get caught in the\u201d US government versus Facebook crossfire, and says President Donald Trump\u2019s blanket statement that all cryptocurrencies are bad is akin to not liking an internet company in 1997, suggesting that the industry is young, will mature and change, and many of the early, hype-driven projects will fizzle out long before crypto is widely adopted. Garlinghouse hoping to play nice with financial regulators in their home country of the United States, makes perfect sense, especially in response to Libra being major competition for the brand. The segment host even comments on how Facebook\u2019s Libra crypto asset is in opposition to XRP, Ripple\u2019s native token. Related Reading | SWIFT Approaching Ripple (XRP) Speeds In Latest Cross-Border Payment Trial Rather than stopping with Libra, the Ripple CEO also took jabs at Bitcoin and Ethereum, and strategically pushing buttons of US regulators that may be watching. He says that Ripple is working \u201cwith banks, with regulators,\u201d unlike Bitcoin and Ethereum that are \u201ccontrolled by Chinese miners.\u201d In the end, the CEO is protecting his brand, product, and investors by attacking Bitcoin and Ethereum, and fueling additional concerns around Libra, Garlinghouse will need to be careful not to drag the entire crypto industry through the mud while he does so, or risk tarnishing his own brand in the process.<\/p>\n","protected":false},"author":517,"featured_media":391691,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,6664,1985,2752,3631,3680,4287],"class_list":["post-391690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-crypto","tag-facebook","tag-libra","tag-regulation","tag-ripple","tag-united-states"],"acf":[],"yoast_head":"\n<title>Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra<\/title>\n<meta name=\"description\" content=\"Ripple CEO Brad Garlinghouse talks of how his crypto firm works with regulators and banks, whereas Facebook Libra, Bitcoin, and Ethereum pose a threat.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra\" \/>\n<meta property=\"og:description\" content=\"Ripple CEO Brad Garlinghouse talks of how his crypto firm works with regulators and banks, whereas Facebook Libra, Bitcoin, and Ethereum pose a threat.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-31T01:00:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-30T19:34:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3840\" \/>\n\t<meta property=\"og:image:height\" content=\"2160\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra\",\"datePublished\":\"2019-07-31T01:00:43+00:00\",\"dateModified\":\"2019-07-30T19:34:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/\"},\"wordCount\":604,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160\",\"keywords\":[\"bitcoin\",\"crypto\",\"facebook\",\"libra\",\"regulation\",\"Ripple\",\"united states\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/\",\"name\":\"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160\",\"datePublished\":\"2019-07-31T01:00:43+00:00\",\"dateModified\":\"2019-07-30T19:34:55+00:00\",\"description\":\"Ripple CEO Brad Garlinghouse talks of how his crypto firm works with regulators and banks, whereas Facebook Libra, Bitcoin, and Ethereum pose a threat.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160\",\"width\":3840,\"height\":2160},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra","description":"Ripple CEO Brad Garlinghouse talks of how his crypto firm works with regulators and banks, whereas Facebook Libra, Bitcoin, and Ethereum pose a threat.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/","og_locale":"en_US","og_type":"article","og_title":"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra","og_description":"Ripple CEO Brad Garlinghouse talks of how his crypto firm works with regulators and banks, whereas Facebook Libra, Bitcoin, and Ethereum pose a threat.","og_url":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-07-31T01:00:43+00:00","article_modified_time":"2019-07-30T19:34:55+00:00","og_image":[{"width":3840,"height":2160,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra","datePublished":"2019-07-31T01:00:43+00:00","dateModified":"2019-07-30T19:34:55+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/"},"wordCount":604,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160","keywords":["bitcoin","crypto","facebook","libra","regulation","Ripple","united states"],"articleSection":["Bitcoin","Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/","url":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/","name":"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160","datePublished":"2019-07-31T01:00:43+00:00","dateModified":"2019-07-30T19:34:55+00:00","description":"Ripple CEO Brad Garlinghouse talks of how his crypto firm works with regulators and banks, whereas Facebook Libra, Bitcoin, and Ethereum pose a threat.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160","width":3840,"height":2160},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra","url":"http:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple-crypto-controversy-facebook-libra\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","crypto","facebook","libra","regulation","ripple","united states"],"dateCreated":"2019-07-31T01:00:43Z","datePublished":"2019-07-31T01:00:43Z","dateModified":"2019-07-31T01:00:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple Sides With US Regulators on Crypto Controversy and Facebook Libra\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-crypto-controversy-facebook-libra\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-crypto-controversy-facebook-libra\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"crypto\",\"facebook\",\"libra\",\"regulation\",\"ripple\",\"united states\"],\"dateCreated\":\"2019-07-31T01:00:43Z\",\"datePublished\":\"2019-07-31T01:00:43Z\",\"dateModified\":\"2019-07-31T01:00:43Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/07\/ripple-crypto-united-states-regulation-shutterstock_783958318.jpg?fit=3840%2C2160","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/391690"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=391690"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/391690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/391691"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=391690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=391690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=391690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}