Major cryptocurrency exchanges have resumed trading XRP on their platforms after Ripple Labs scored a partial victory in its lawsuit against the United States Securities and Exchange Commission (SEC). Crypto.com and Kraken led the way as both exchanges announced on July 13, 2023, during Asian trading hours, that XRP has ...
Judge Paul Barbadoro of the U.S. District Court for the District of New Hampshire has refused to make a definitive ruling on whether the secondary sale of LBRY Credits (LBC) qualifies as a security. The U.S. Securities Exchange Commission filed a motion against LBRY in March 2021 over claims that ...
Ripple has obtained preliminary regulatory approval from Singapore's financial watchdog, the Monetary Authority of Singapore (MAS), to provide token products and digital asset payments in the country. This approval allows Ripple's subsidiary, Ripple Markets Asia Pacific, to enhance its on-demand liquidity capabilities. Users of Ripple's platform can now transfer XRP ...
John Deaton, a vocal pro-Ripple attorney, has spotlighted the potential effectiveness of the Safe Harbor concept in addressing the lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple. Deaton believes that adopting this legal clause could have saved Ripple millions of dollars in legal fees and further ...
Ripple has announced a collaboration with Banco de la República, Colombia's central bank, to explore the potential applications of blockchain technology in the country and enhance its payment system. According to Ripple's press release, the Colombian Apex Bank will work with the country's Ministry of Information and Communications Technologies (MinTIC) ...
After much anticipation, the long-awaited documents regarding William Hinman and the U.S. Securities and Exchange Commission's (SEC) stance on classifying cryptocurrencies have finally been released. These documents have significant implications for the U.S. SEC's ongoing lawsuit against Ripple Labs as it sheds light on the regulator's internal discussions and opinions. ...
Ripple has announced its acquisition of Metaco, a digital asset custody and tokenization technology provider. This strategic move by Ripple is aimed at establishing a competitive position in the rapidly expanding institutional cryptocurrency custody market, which experts predict will reach an astounding $10 trillion by 2030. This acquisition will enable ...
Ripple is set to spend a staggering $200 million on its legal defense against the United States Securities Exchange Commission (SEC). Ripple's CEO, Brad Garlinghouse, revealed this information during a fireside chat at the Dubai Fintech Summit on May 8, 2023. Garlinghouse also expressed concerns about the US falling behind ...
Source: Coinmarketcap In the past few days, the price of XRP, Ripple's native token, has experienced significant fluctuations, much like other cryptocurrencies. In the last 24 hours, XRP has dropped by 2% and is currently trading at $0.4589. This decline is part of a broader market correction that affected ...
Ripple yesterday unveiled its liquidity solution that aims to bridge the gap between cryptocurrency and fiat for businesses. The Ripple liquidity hub, which underwent successful testing last year, would provide firms with a pool of liquidity in addition to Ripple's on-demand liquidity (ODL) cross-border payment service. The service is designed ...
