Currently, XRP (XRP), Polygon (MATIC), and other major crypto assets are facing a large amount of regulatory uncertainty due, in part, to the amount of centralization found in these projects. Meanwhile, the TMS Network (TMSN) token presale has been a rousing success, with more than $6 million already raised for the project as it continues in the fourth phase of the sale.
TMS Network (TMSN)
The regulatory landscape is becoming more difficult to navigate in crypto; however, TMS Network (TMSN) has made sure to make legal compliance a key aspect of its decentralized exchange (DEX) offering. TMS Network (TMSN) has focused on following all of the relevant laws and regulations related to crypto in the jurisdictions that it operates in, even while other platforms have tried to cut corners.
Of course, many of the selling points of TMS Network (TMSN) are also the fact that TMS Network (TMSN) basically regulates itself through the use of blockchain technology. By publishing all trading data on Ethereum, any TMS Network (TMSN) user can see the state of the trading engine at any point in time, which would be impossible on traditional exchanges like Binance or Coinbase.
Additionally, the TMS Network (TMSN) token presale is intended to build a strong sense of community, as TMS Network (TMSN) users can enjoy governance rights in the project and earn passive income by holding TMS Network (TMSN) tokens.
XRP (XRP)
A legal expert who supports XRP (XRP) has estimated that the chances of the SEC winning a complete victory against Ripple are less than 3%. The SEC sued Ripple in December 2020, claiming that the company sold XRP (XRP) as an unregistered security.
John Deaton, the founder of CryptoLaw, has been a vocal defender of Ripple and XRP (XRP) holders against the SEC. He appeared on The Good Morning Crypto podcast on June 3rd and shared his predictions for the outcome of the XRP (XRP) case. He said he believed there was a 25% probability that Judge Torres would rule in favor of XRP (XRP), and a 50% probability that she would issue a “splitting the baby” ruling.
This means that she could find that XRP (XRP) was a security before 2018, but not after, based on the Hinman documents. These documents refer to a speech given by former SEC Director William Hinman in 2018, where he suggested that cryptocurrencies like XRP (XRP) could evolve from securities to commodities as they become more decentralized.
Finally, Deaton speculated on the price of XRP (XRP) if Ripple wins the case. He said he thought that XRP (XRP) could reach between $2 and $10, depending on the market conditions and other factors. However, an outright win is not seen as likely.
Polygon (MATIC)
Taurus, a European digital asset infrastructure provider, has integrated with Polygon (MATIC) to enable its clients to issue and custody any Polygon (MATIC) tokenized asset. This Polygon (MATIC) announcement was made on June 2, three months after Taurus raised $65 million from institutional investors. By integrating with Polygon (MATIC), Taurus can leverage the Ethereum network’s benefits while avoiding its high fees.
Polygon (MATIC) is a layer-2 solution that uses sidechains to increase the scalability and efficiency of Ethereum. Polygon’s (MATIC) native token and Polygon (MATIC) smart contracts are now fully supported by Taurus’ platform. Colin Butler, global head of institutional capital at Polygon (MATIC) Labs, said that the tokenization of real-world assets on Polygon (MATIC) is a “no-brainer.”
Conclusion
While XRP (XRP) is still facing plenty of regulatory uncertainty and Polygon (MATIC) may eventually see its token removed from the Ethereum layer-two ecosystem, TMS Network (TMSN) has worked to make legal compliance a foundational part of its offer. TMS Network tokens are currently selling for $0.097. Find out more about the TMS Network presale at the following links:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
