Recent XRP Acceptance Shows How Far Behind We Are In The U.S.
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December 22, 2022 11:03 am
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It’s no secret that XRP is one of the hottest and most forward-looking digital currencies.
With regards to XRP and Ripple, America is lagging behind the rest of the world due to the ongoing Ripple v SEC lawsuit; more specifically, the nation of Dubai—which is embracing the burgeoning technology.
Most recently, the massive real estate development group MAG, one of Dubai’s premier real estate investment entities began accepting XRP as payment for its luxury Keturah Reserve homes:
Trending: Ripple Spells Out Penalty Terms To SEC
You could buy a swanky Keturah Reserve home in Dubai using #XRP, among other things.https://t.co/rYYDah5qbB
— WrathofKahneman (@WKahneman) December 21, 2022
U Today reports:
Keturah Reserve will feature super homes consisting of villas and one-, two-, three- and four-bedroom apartments and is part of the new luxury real estate and hospitality brand Keturah.
A cryptocurrency payment option indicated in the Keturah Reserve’s official brochure supports XRP, USDT, BTC, ETH, USDC, LTC, BCH, Link, UNI, COMP, CHZ and eight other cryptocurrencies.
U.S. investors and speculators continue to wait for a resolution to the lawsuit, which was widely reported to potentially end by December 15th, 2022.
As we have previously reported, attorney John Deaton believes that the lawsuit will resolve around the end of March 2023 at the earliest:
#Ripple/#XRP Lawsuit Schedule pic.twitter.com/e7GGYUdoBq
— XRPcryptowolf (@XRPcryptowolf) December 22, 2022
Woke up on December 16 and the #XRP lawsuit still hasn’t ended. What the fu*k happened? 😂
— XRPcryptowolf (@XRPcryptowolf) December 16, 2022
#bankofamerica will adopt #xrp as payment rail for cross border payments and remittances once the #xrpsec lawsuit ends!
The biggest banks in the world are looking to blockchain technology as the solution for banking in the future!
Why aren’t we? #Crypto #xrpthestandard pic.twitter.com/iTMSsg0ek7
— The Vincent Owens (@TheVincentOwens) December 20, 2022
Forkast provided this update on the lawsuit:
With the extension, all parties will have to submit their Daubert Motions and related documentation by Jan. 13, 2023, according to screenshots of court filings shared on social media.
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