Wietse Wind, the developer of XRP has announced that he will be shutting down his project XRPtext, an instant payment system that lets its users’ transfer crypto through a text message. He said the reason for this withdrawal is the regulation and, he wants to start a business.
It is notable that the XRPTipbot had been banned from Twitter last week, where XRPTipbot was said to be impersonating another account on Twitter. Nevertheless, Wind managed to get a modified version of the tipbot shortly after the ban.
Hey #XRPCommunity, please withdraw your funds from https://t.co/iZDOAjDiWr before Feb. 28th 2020, as I am shutting this project down. It was fun, it (still is) was a nice proof of concept, but it is simply not being used enough to get it licensed (implement KYC, AML, etc.) pic.twitter.com/YXGBclM7Xw
— Wietse Wind { 𝚡𝚛𝚙𝚕𝙳𝚎𝚟: 𝚝𝚛𝚞𝚎 } (@WietseWind) January 30, 2020
Although the shutdown of XRPtext may seem like a negative news, Wind is very positive about his plans for his new business.
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