Bitcoin Forum

Ripple and three other blockchain based companies have formed a lobbying association that would represent their interest in Europe, according to their press release. Dubbed ‘Blockchain for Europe,’ the lobbying group would aim to create a credible and unified voice for the industry in Europe.

The members of the new blockchain lobbying group are Ripple, NEM, Fetch.AI, EMURGO/Cardano, who share a common vision of growing Europe into a trailblazer, where blockchain technology is concerned. To do this, the association would be looking at helping Europe create a “smart regulation to shape the global agenda on the blockchain.”

“The association’s goals are to foster the understanding within EU- and member state institutions on the true nature and potential of the distributed ledger (DLT) and blockchain technology, and to ensure that upcoming regulation promotes and boosts innovation in Europe,” the press release reads.

The association has already begun making meaningful decisions. Last month, it hosted the Blockchain for Europe Summit, where issues such as governance, healthcare, and trade were discussed along with how the distributed ledger technology could be integrated into them.

https://www.ccn.com/ripple-nem-and-others-launch-eu-blockchain-association/

I am reading a lot of negative reviews on Ripple, that it is so centralized, no transparent blockchain. That owners are owning more than 90% tokens and also that tokens are useless.
But why Ripple is then so succesful and have many partnerships? And now, again great news!

This is very good when promising projects come together for the sake of common success!

I believe that Ripple can become part of the banking sector.

  NEM - I can't say anything good about this coin.

it's better to go to Europe not too complicated as in the United States with the SEC regulation and the bad thing, crypto will be successful in Europe and Asia in particular

This unification of interest with other similar entities can be good news especially for many cryptocurrency hodlers and enthusiasts in Europe. as to Ripple, there is no question that it is quite controversial and some of the many accusations can actually be based on truths but then again if Ripple can show to be resilient and successful then eventually its many critics will just bow to its magnificence. There will always be people who will dislike anything and that is quite normal. I have some Ripple though so this assessment can be flawed.

Have you seen the news if the Co founder of ripple has created billion dollars from ripple. Because they are offering the service that focused to sell this platform to another companies.
It looks like EU will come for crypto as soon as possible.

honestly I am very happy for the launch of this association and hope this is not a just rumour or plan, but an effort or action that must be fought for the future of crypto.

Why they are going to the association? what they will be doing there?

as far as I know, NEM is a very strong ripple competitor. Therefore, it is necessary to invest in it now while it is very cheap.