Like all disruptive technologies, cryptos are the subject of many regulations as governments try to control how they are used and their impacts on society. In different jurisdictions, cryptos are under regulations that affect their prices and acceptance.
There is no better example of this than XRP which has been in a constant standoff with the SEC. Various developments in the case have seen XRP value increase or decrease.
Now, stablecoins could see changes to their attractiveness because of new regulations reported to be introduced in the UK soon. Similarly, a new project, MetaClip (MCLP) is set to break into the crypto space. We explore all of these in the following paragraphs.
Supporters of MetaClip (MCLP) can take part in pre-sale and buy tokens here.
XRP in a period of relative stability
Much of the news about Ripple (XRP) this year has been centered around its ongoing case with the SEC. While the case remains pending, Ripple (XRP) is less attractive to investors who fear a major reversal if Ripple (XRP) loses the case which could bring huge losses. In the meantime, Ripple (XRP) sees marginal growth, increasing by 2% from a week ago and 2% from a month ago. At press time, a unit of Ripple (XRP) trades at $0.5484, and major changes are unlikely.
An Incoming Boom for Stablecoins?
Not long ago, news hit the airwaves that the UK government could pass laws on stablecoins and staking by summer this year. While details remain unclear, early analysis suggests this could be positive and give even more legitimacy to stablecoins and all of the crypto space. Many investors are excited at the possibilities within such legislation, as long as it remains positive. Meanwhile, it appears to be driving up volumes of stablecoins like Tether (USDT), USDC (USDC) and Dai (DAI).
MetaClip (MCLP) showing up on many portfolios
Decentralized online exchange, MetaClip (MCLP) is a new addition to many portfolios as investors attempt to take advantage of this new and exciting project. MetaClip (MCLP) is a crypto exchange that enables users to buy, sell, stake and trade various tokens. It is also decentralized, meaning unlike Binance, it isn't controlled by a central body.
On MetaClip (MCLP), users can register with only their name and email. Other platforms will require complex procedures including KYC before users can use their account. MetaClip (MCLP) is better in this aspect and saves users time.
The price is currently $0.015.
Around 50% of MetaClip's (MCLP) transaction fees will be reserved to reward early investors. This could be a great way to earn passive income from an investment.
To find out more about the MetaClip presale visit their website here