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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Geey on May 18, 2020, 05:56:09 PM

Title: XRP TipBot Rescued From Dutch Regulations Through Partnership With Uphold
Post by: Geey on May 18, 2020, 05:56:09 PM

XRP TipBot has avoided closure due to the Netherlands' strict implementation of AMLD5 via a partnership with Uphold.

(https://images.cointelegraph.com/images/960_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy83YTAyOWYyNzQ3MDdhMGM1NGY2YzhmNzdiOGVhMzE1MC5qcGc=.jpg)

XRP TipBot, a service enabling users to transfer XRP to each other via comments on Twitter, Reddit and Discord, has been saved from the threat of extinction at the hands of new regulations in the Netherlands.

In a May 14 blog post, developer Wietse Wind explained that the “personal hobby project” had been at risk due to a registration deadline and vastly increased costs in order to conform to recently passed Anti-Money Laundering (AML) legislation.

However, the project has been saved, through a last-minute partnership with digital payment platform Uphold. Read More (https://cointelegraph.com/news/xrp-tipbot-rescued-from-dutch-regulations-through-partnership-with-uphold?utm_source=Telegram&utm_medium=social)

Title: Re: XRP TipBot Rescued From Dutch Regulations Through Partnership With Uphold
Post by: aiviaa485 on May 22, 2020, 05:35:54 PM

The point of all this article is for the security of Ripple who is in the Netherlands.
Certainly all coins also want the ultimate security and are free from hacking, Ripple has the right steps for this because everyone around the world wants his Ripple assets to be safe, including citizens in the Netherlands who have RIpple.

If Bitcoin have privacy with anonymous his created and Ripple security should be have by owner . Good Luck !