Obi-VAM

It’s happening!!! ⬇️

Another week, another crypto hit piece from the NYT. How many times are they going to write the same story (filled with half-truths and outright omissions of the facts) trying to justify the Biden Admin’s illegal War on Crypto?! No mention of a Judge criticizing the prior SEC leadership for "failing to follow a faithful allegiance to the law," a different Judge finding the prior SEC’s actions were “arbitrary and capricious,” or a third Judge fining the prior SEC for outright lying to the court. Where was the @NYTimes headline during the prior administration calling out their illegal attack on an industry? This is not journalism. This is actively advancing a false and failed narrative.

HUGE news! @Ripple just received conditional approval from the @USOCC to charter Ripple National Trust Bank. This is a massive step forward - first for $RLUSD, setting the highest standard for stablecoin compliance with both federal (OCC) & state (NYDFS) oversight. To the banking lobbyists – your anti-competitive tactics are transparent. You’ve complained that crypto isn’t playing by the same rules, but here’s the crypto industry – directly under the OCC's supervision and standards – prioritizing compliance, trust and innovation to the benefit of consumers. What are you so afraid of?

👀<4 weeks, and XRP is now the fastest crypto Spot ETF to reach $1B in AUM (since ETH) in the US. With over 40 crypto ETFs launched this year in the US alone, a few points are obvious to me: 1/ there’s pent up demand for regulated crypto products, and with Vanguard opening up access in traditional retirement / trading accounts for Americans..crypto is now accessible to millions more people who don’t need to be experts in the technology 2/ longevity, stability and community are all underrated themes that matter to this new set of “offchain” crypto holders