XRP Isn't a Security, Ripple Says

"We absolutely are not a security", chief market strategist at Ripple Foundation says
13 April 2018   164

Chief market strategist at Ripple Foundation Cory Johnson in a conversation with CNBC said that XRP is not a security.

Johnson raised the issue of the classification of XRP after publication, which said that it was the status of the cryptocurrency that interfered with its addition to the american exchange Coinbase.

We absolutely are not a security. We don't meet the standards for what a security is based on the history of court law.
 

Cory Johnson

Chief market strategist, Ripple

Coinbase and Ripple discussed the possibility of adding XRP to the exchange, but they did not concern the status of XRP as a security, Johnson said.

Coinbase never ever raised the issue of whether or not XRP is a security in our discussions about listing XRP. We're 100 percent clear, it's not a security. We don't meet the standards.
 

Cory Johnson

Chief market strategist, Ripple

Coinbase also confirmed to CNBC that it had not discussed with Ripple the issue of classifying XRP, and all talks concerned more general topics.

Australia Rolls Out New Crypto Exchange

Blockbid Beta launch is set to go live on April 16, 2018
16 April 2018   158

It has emerged that there is a new cryptocurrency exchange which is launching with headquarters in Australia. Previously, we have reported that Australian Transaction Reports and Analysis Centre has announced the new regulatory requirements for digital currency exchange providers which came into force from April 3, 2018.

A week ago, Blockbid exchange became one of the recipients of an AUSTRAC license, meaning they have been granted permission to legally operate as a cryptocurrency exchange, according to Australian law. Blockbid is a secure exchange with the goal of facilitating the highest volume of trades for the most cryptocurrencies with a single login.

Blockbid announced in its press-release that its Beta launch is set to go live on April 16, 2018. The platform will allow operation in fiat and cryptocurrency, including Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BCG), Litecoin (LTC), Ripple (XRP), USD, AUD, JPY and EUR.