Tagged: ripple

CEI: Financial Policy Expert Comments on Ripple – XRP Court Ruling

John Berlau, a policy expert in financial services at the Competitive Enterprise Institute (CEI), has shared his thoughts on the recent court ruling regarding the legal battle between the Securities and Exchange Commission (SEC) and Ripple along with its founders. Berlau notes that XRP was… Read More

House Committees Issue Statement on Ripple – XRP Ruling, Crypto Legislation Advancing this Month

Representative Patrick McHenry, Chairman of the House Financial Services Committee, and Representative GT Thompson, Chairman of the House Agriculture Committee, have jointly issued a statement on the court ruling this week regarding the SEC’s lawsuit against Ripple and its issuance of XRP. McHenry and Thompson… Read More

Lolli, Enclave CEOs Comment on Ripple – XRP Ruling

The court ruling on the SEC v. Ripple – XRP case has generated renewed hope that the SEC will have to back away from its current regulation-by-enforcement approach when it comes to digital assets. CI has received multiple comments from industry insiders and digital asset… Read More

Legal Experts Comment on Ripple – XRP Ruling: “A huge blow to the SEC’s ability to regulate other entities in the crypto space”

As was reported earlier today, the courts have issued a ruling on the Ripple-XRP lawsuit filed by the US Securities and Exchange Commission. In brief, the courts have filed an order that was a partial victor for Ripple and its executives. CI has received multiple… Read More

Here is the Court Order on the SEC v. Ripple Case Regarding XRP

Ripple is claiming victory in a court order issued today that determined the company did not violate securities laws when it initially offered XRP to investors – at least in part. At the same time, the order did indicate that the manner of sale did… Read More

Partial Win for Ripple in Court Ruling on XRP, Digital Asset Jumps in Value

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Ripple scored a victory today as the courts have now ruled that the sale of XRP on crypto exchanges did not violate US securities law in a partial win for the digital asset firm. The ruling helped to drive the value of XRP higher –… Read More

LBRY Case Judge Makes a Ruling on Whether Secondary Cryptocurrency Sales Qualify as Securities

The LBRY case judge has recently made a ruling on whether secondary cryptocurrency sales are considered to be securities. Back in January 2023, attorney John Deaton had reportedly convinced the Judge in the US Securities and Exchange (SEC) vs. LBRY court case that secondary LBC… Read More

Enterprise Blockchain Firm Ripple Secures In-Principle Regulatory Approval in Singapore

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). This license will allow… Read More

Ripple, Peersyst, Colombia’s Banco de la República to Support Utilization of Blockchain Tech

The pilot program will evaluate high value payments use cases “using the Ripple CBDC Platform based on the core technology of the XRP Ledger.” Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, announced its collaboration with the Banco de la… Read More

Tranglo and Lulu Partner on Cross Border Payments

Tranglo and Lulu Money have announced a partnership on cross-border payments. Tranglo currently processes 80% of its payments in real-time.  LuLu Financial Holdings runs a proprietary Digit9 platform, an API-first model for remittance-as-a-service. The two companies say they will benefit from complementary strengths on international… Read More

CBDCs: Ripple Launches Platform for Development of Central Bank Digital Currencies, Stablecoins

With more than 90% of countries exploring, developing and implementing Central Bank Digital Currencies (CBDCs) as a way to increase financial inclusion and lower the cost and risk of domestic and cross-border payment processes, Ripple is announcing the Ripple CBDC Platform, which is described as… Read More

Digital Assets: Fintech Firm Ripple Acquires Custody Provider Metaco for $250M

With this key acquisition, Ripple takes on the growing institutional crypto custody market, expected to reach $10T by 2030 Ripple, the Fintech focused on enterprise blockchain and crypto solutions, announced it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying… Read More

Fintech Firm Ripple Expands Middle East Operations

On the back of strong growth in the Middle East, Ripple, the enterprise blockchain and crypto solutions provider, is expanding its presence in Dubai by “opening a new office location in the heart of Dubai International Financial Centre (DIFC) and bringing Swell Global 2023, the… Read More

Digital Asset Firm Bitso Reportedly Facilitated $3.3B+ in Institutional Crypto Transfers Between Mexico and US Last Year

Bitso, the cryptocurrency-powered financial services company in Latin America, surpassed more than $3.3 billion in transactions between the United States and Mexico in 2022 through its Crypto 4 Business service, “mainly used by remittance and payment processors.” This volume is triple the amount “processed by… Read More

Bitcoin, Ethereum, Larger Crypto Market on Track to Grow Despite FTX Collapse, Global Recession Fears

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

Digital Asset Market Maker Keyrock Finalizes $72M Series B Fundraise

Keyrock, digital asset market maker, raised $72 million in its Series B funding round from investors “including Ripple, SIX Fintech Ventures and Middlegame Ventures.” Keyrock plans to use the funding from its investment round “to invest further into infrastructure development, scalability tools, as well as… Read More

Blockchain Association Files Amicus Brief in SEC Lawsuit Against Ripple

Blockchain Association announced that it has filed an amicus brief in the U.S. Securities and Exchanges Commission’s (SEC) lawsuit against Ripple. This case, which is just one in a long line of SEC efforts to regulate by enforcement, highlights the SEC’s efforts “to cement and… Read More

Ripple: Judge Tells SEC to Hand Over Documents on Hinman Ethereum Speech, Once Again

While the Securities and Exchange Commission (SEC) keeps battling the courts, the courts keep telling the SEC to hand over the “emails and drafts” pertaining to the speech given by former SEC Corporate Finance Director William (Bill) Hinman discussing crypto in June of 2018. In… Read More

Philippines based I-Remit, Ripple to Leverage On-Demand Liquidity for Treasury Management

Ripple, the provider of enterprise blockchain and crypto solutions, announced that I-Remit, the largest non-bank remittance service provider in the Philippines, will “expand its use of Ripple’s On-Demand Liquidity (ODL) solution to improve its cross-border treasury flows.” As a partner of Ripple since 2018, I-Remit… Read More

Ripple Labs Inc Is Reportedly Looking into Acquiring Assets of Bankrupt Crypto Lender Celsius

San Francisco’s blockchain payments Fintech Ripple Labs Inc, which is currently involved in an extensive legal battle with the US Securities and Exchange Commission (SEC), is reportedly interested in acquiring the assets of bankrupt cryptocurrency lending platform Celsius Network. This, according to statements shared by… Read More

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