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Who are Ripple Labs and the top 10 largest holders of XRP
Ripple Labs, Inc. is a technology company founded in 2012 that specializes in developing solutions for international payments. Here are the highlights about Ripple Labs:
History and Foundation:
Founded: Ripple Labs was founded by Chris Larsen and Jed McCaleb in 2012.
Initially, the company was called "OpenCoin", but later changed its name to "Ripple Labs".
History and Foundation:
Founded: Ripple Labs was founded by Chris Larsen and Jed McCaleb in 2012.
Initially, the company was called "OpenCoin", but later changed its name to "Ripple Labs".
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Evandro Vieira, head of digital assets and blockchain at Santander, stated that cryptocurrency market players in Brazil need to demonstrate to regulatory bodies that the activity is safe and trustworthy. To achieve this, it is necessary to work on education and mitigate existing concerns within the State.
Vieira emphasized that the private sector needs to prove it can prevent money laundering and identify clients, which will provide reassurance to regulators and allow for the advancement of innovation.
He also shared his previous experience at the blockchain analysis company Chainalysis, where he managed to demonstrate to authorities that bitcoin is not as anonymous and untraceable as previously thought.
Alexandre Vasarhelyi, CIO of B2V Crypto, agreed that ensuring compliance in blockchain technology is easier than in the traditional financial system, thanks to the transparency and traceability of the data.
Both executives also highlighted the success of stablecoins in expanding the adoption of crypto assets through efficiency and the ability to offer a cheaper way to buy dollars. #Santander
Vieira emphasized that the private sector needs to prove it can prevent money laundering and identify clients, which will provide reassurance to regulators and allow for the advancement of innovation.
He also shared his previous experience at the blockchain analysis company Chainalysis, where he managed to demonstrate to authorities that bitcoin is not as anonymous and untraceable as previously thought.
Alexandre Vasarhelyi, CIO of B2V Crypto, agreed that ensuring compliance in blockchain technology is easier than in the traditional financial system, thanks to the transparency and traceability of the data.
Both executives also highlighted the success of stablecoins in expanding the adoption of crypto assets through efficiency and the ability to offer a cheaper way to buy dollars. #Santander
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