Tagged: ripple

September 15, 2023 @ 12:17 pm By Omar Faridi  |  

US-headquartered crypto firm Ripple recently stated that it intends to keep fighting the current lawsuit with the US Securities and Exchange Commission (SEC). The dustup with the regulator is emblematic of the broader challenges digital asset firms face in the US as the SEC has… Read More

September 8, 2023 @ 12:53 pm By JD Alois  |  

Ripple, creator of XRP, has announced the acquisition of Fortress Trust, a regulated entity that provides custody and other services in regard to digital assets. Terms of the acquisition were not disclosed. Ripple was an investor in Fortress during its seed funding round in 2022…. Read More

August 10, 2023 @ 6:03 pm By JD Alois  |  

As the crypto-sphere knows, last month Ripple/XRP received a partial victory against the Securities and Exchange Commission (SEC) in a court decision that determined that people who bought XRP could not reasonably expect Ripple to act to increase the price of XRP and the sales… Read More

August 2, 2023 @ 9:07 am By Omar Faridi  |  

Brad Garlinghouse, CEO at Ripple, says that they began sharing detailed reports to voluntarily provide updates of their XRP holdings. Sadly, however, they were used against them in the US Securities and Exchange Commission SEC lawsuit – however, he added that they remain steadfast in… Read More

July 28, 2023 @ 8:45 am By Omar Faridi  |  

The Republic of Palau and Ripple have launched a limited stablecoin pilot. Palau and Ripple, the leader in enterprise blockchain and crypto solutions, started collaborating on exploring potential use cases in 2021. The U.S. Dollar-backed Palau Stablecoin (PSC) will be “issued on the XRP Ledger… Read More

July 26, 2023 @ 9:55 am By Omar Faridi  |  

Catalyze Research, the Web3 and blockchain consulting group, and Ripple, which claims to be the “leader” in enterprise blockchain and crypto solutions, announced their partnership to bolster the presence of the XRP Ledger (XRPL) in South Korea. This collaboration aims to tap into the robust… Read More

July 20, 2023 @ 1:37 pm By Omar Faridi  |  

Fintech firm Ripple considers the recent court ruling (in the case Ripple v. US Securities and Exchange Commission (SEC) ) to be a “landmark victory” for the company and the entire crypto industry. As noted in a blog post, the recent ruling finds that XRP… Read More

July 18, 2023 @ 10:13 pm By Omar Faridi  |  

On July 13, 2023, the crypto and blockchain industry got “good news” when Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled that Ripple did “not violate securities law in selling its token (XRP) via public exchanges,” the… Read More

July 18, 2023 @ 9:07 am By Omar Faridi  |  

Coin Metrics has taken a data-driven look at digital asset markets after a milestone ruling in the US Securities and Exchange Commission (SEC) v. Ripple Kyle Waters and Matias Andrade Cabieses from Coin Metrics noted in a detailed report that we’ve witnessed a significant development… Read More

July 17, 2023 @ 9:38 am By JD Alois  |  

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

July 14, 2023 @ 6:34 pm By JD Alois  |  

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

July 14, 2023 @ 12:23 pm By JD Alois  |  

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

July 13, 2023 @ 6:47 pm By JD Alois  |  

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

July 13, 2023 @ 6:02 pm By JD Alois  |  

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

July 13, 2023 @ 3:37 pm By JD Alois  |  

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

July 12, 2023 @ 4:58 pm By Omar Faridi  |  

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

June 22, 2023 @ 9:10 am By Omar Faridi  |  

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

June 20, 2023 @ 11:06 pm By Omar Faridi  |  

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

May 21, 2023 @ 10:28 pm By JD Alois  |  

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

May 21, 2023 @ 10:28 am By Omar Faridi  |  

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