Ripple XRP: $200 Million Series C & Crypto Act 2023 Are they Connected ??

Ripple XRP: $200 Million Series C & Crypto Act 2023 Are they Connected ??

It was announced that Ripple has raised $200 Million in a series C funding round. This should be used to help the company grow and reach scale. Typically this type of thing happens before an IPO.

New proposed crypto regulations may come to pass in 2023. The crypto act of 2023 would break crypto into 3 categories of currencies, commodities and securities. They would be separately regulated by the CFTC, SEC and FINCEN.

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