A senior U.S. Securities and Exchange Commission (SEC) official has criticized a proposed settlement between the agency and Ripple Labs, potentially marking the final chapter of a years-long legal dispute over the XRP token. On May 8, the SEC and Ripple jointly filed a settlement request in a New York ...
In a major development in the long-standing legal battle over XRP, the U.S. Securities and Exchange Commission (SEC) and blockchain firm Ripple Labs have agreed to pause their respective appeals, paving the way for what many believe could be a final settlement. The joint decision to place the appeals in ...
Ripple has announced its acquisition of Hidden Road, a global prime brokerage firm, for $1.25 billion. This deal marks one of the largest transactions in the digital assets space and positions Ripple as the first crypto company to own and operate a multi-asset prime broker. Hidden Road, known for its ...
Ripple has joined forces with Chipper Cash, a leading cross-border payments platform, to introduce blockchain-driven African remittances. The collaboration aims to enhance the efficiency, speed, and affordability of international transactions on the continent. In an announcement on March 27, Ripple highlighted that its partnership with Chipper Cash will extend its ...
Ripple CEO Brad Garlinghouse has forecasted that XRP exchange-traded funds (ETFs) will likely launch in the United States in the latter half of 2025. In a March 19 interview with Bloomberg Crypto, he attributed this optimism to Ripple's recent legal victory against the SEC, which he believes has alleviated regulatory ...
David Schwartz, Ripple’s Chief Technology Officer, has highlighted how memecoins on the XRP Ledger (XRPL) are closely tied to XRP’s price due to their reliance on automated market maker (AMM) pools. According to Schwartz, many of these tokens derive nearly all their liquidity from AMMs pairing them with XRP. As ...
Ripple Labs has partnered with South Korean digital asset custody provider BDACS to enhance institutional custody services for XRP and Ripple USD (RLUSD). This collaboration will allow BDACS to incorporate Ripple Custody, enabling financial institutions in South Korea to store XRP, RLUSD, and other digital assets securely. Monica Long, president ...
Ripple has announced a partnership with Unicâmbio, a Portuguese currency exchange provider, to facilitate cross-border payments between Portugal and Brazil, marking its first payment solution deployment in Portugal, according to the press release on February 10. This collaboration signals a step forward in Ripple’s European expansion, aiming to streamline transactions ...
Margex has expanded its collateral options by integrating RLUSD, Ripple's stablecoin, for trading cryptocurrency pairs. This addition brings the platform's total supported stablecoins to two, alongside the existing Tether (USDT) integration. In a recent press release, the crypto copy trading platform stated that the integration expands its stablecoin offerings and ...
Ripple Labs had obtained money transmitter licenses in Texas and New York, marking a significant step forward in its operations in the United States. In its announcement on January 27, the blockchain firm noted that it recorded a “strong demand for real-time global payments from banks and crypto businesses” in ...
