Tagged: ripple

February 14, 2022 @ 10:04 am By JD Alois  |  

STASIS has distributed a statement indicating it will issue a Euro stablecoin using the XRP Ledger (XRPL). XRPL was created by three engineers – David Schwartz, Jed McCaleb, and Arthur Britto. At one point, they were joined by Chris Larsen and a company was formed… Read More

February 6, 2022 @ 1:07 pm By Omar Faridi  |  

Earlier this week, payments platform Modulr announced a partnership with Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, in order to enable payments into the UK and Europe. Trust Payments, the international unified payments group, is reportedly the first customer… Read More

December 22, 2021 @ 3:58 pm By Tony Zerucha  |  

There was no surprises at the top when GlobalData released the top 10 cryptocurrencies for 2021 in terms of how many social media conversations they generated through the year, up to Dec. 9. Twitter and Reddit feeds were monitored. Bitcoin generated close to 900,000 discussions… Read More

December 6, 2021 @ 10:41 pm By Omar Faridi  |  

UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo. UniTeller’s partnership with Tranglo will enable UniTeller to continue expanding… Read More

November 4, 2021 @ 9:01 pm By Omar Faridi  |  

Saudi British Bank (SABB) has announced the launch of its Instant Cross-Border Transfer Service for the United States Corridor via the blockchain payment tech powered by Ripple. The launch of this service was confirmed during the fifth edition of “The Future Investment Initiative Institute” led… Read More

October 30, 2021 @ 5:12 pm By Tony Zerucha  |  

Cross-border payment hub Tranglo has launched its new cross-border payment corridor to Mongolia. They said it will aim to improve the cross-border payment services there via a single connection to regional corridors and local partners. According to World Bank estimates, remittance inflows to Mongolia made… Read More

October 21, 2021 @ 10:36 pm By Omar Faridi  |  

The team at Fintech firm Ripple is pleased to confirm that UAE-headquartered foreign exchange and worldwide money transfer firm, Al Ansari Exchange has joined RippleNet. Via RippleNet Cloud, which is Ripple’s international Cloud-powered financial network tech, Al Ansari Exchange will be connecting with major money… Read More

August 31, 2021 @ 11:58 am By JD Alois  |  

The ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple and its founders continues to work its way through the halls of justice.  While the SEC continues to pursue its belief that XRP (the digital currency created by Ripple) has always been… Read More

August 5, 2021 @ 7:55 pm By Tony Zerucha  |  

As cryptocurrency watchers let Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent appearance before the United States Congress sink in, many are sharing the opinion that he could have done so much more. On Aug. 3, Gensler asked Congress for expanded resources and a… Read More

July 21, 2021 @ 4:18 pm By Tony Zerucha  |  

Ripple better up its game if it wants to stay top of mind when it comes to settlement systems, the CEO of tokenization platform STASIS warns. STASIS is a tokenization platform, including smart contract creation, that claims deep expertise in the current regulatory environment. It… Read More

July 20, 2021 @ 5:21 pm By Tony Zerucha  |  

A judge’s decision to depose former Securities and Exchange Commission director William Hinman in the case of the SEC vs, Ripple Labs has the cryptocurrency industry talking, so now is a good time to revisit Hinman’s comments as a refresher. Hinman made the comments at… Read More

July 20, 2021 @ 4:46 pm By Tony Zerucha  |  

Don’t say she didn’t warn you, GlobalBlock sales trader Alexandra Clark said in her latest research notes. As Bitcoin continued plummeting, contributing to the downward spiral was the lacklustre performance of crypto stock Galaxy Digital Holdings, which shed 63 percent of its value from its… Read More

July 11, 2021 @ 3:37 pm By Omar Faridi  |  

Asheesh Birla, GM – RippleNet at American Fintech Ripple, which is currently involved in a lawsuit from the US Securities and Exchange Commission (SEC), recently published a blog post, titled, “Evolving RippleNet for a Tokenized Future.” Birla writes that cryptocurrency and blockchain or DLT are… Read More

June 17, 2021 @ 12:11 pm By Chris Sloan  |  

In December 2020, the Securities and Exchange Commission (SEC) filed a complaint in a New York federal court against Ripple Labs, Inc. and two of its executives alleging that Ripple had sold $1.3 billion in XRP cryptocurrency tokens in a series of unregistered securities offerings…. Read More

April 29, 2021 @ 10:04 am By Omar Faridi  |  

Jeremy Hogan, Parnter at Hogan & Hogan, reveals that CryptoLaw has shared American Fintech Ripple’s response to the US Securities and Exchange Commission’s (SEC) letter which is disputing (essentially) “parts of the Court Order” from earlier in April 2021 that are “related to internal communications.”… Read More

April 7, 2021 @ 4:17 pm By JD Alois  |  

Back in December of 2020, the Securities and Exchange Commission (SEC) posted a complaint alleging that Ripple engaged in the sale of an unregistered security. The enforcement action included Christian Larsen, the company’s co-founder, executive chairman of its board, and former CEO, and Bradley Garlinghouse,… Read More

March 30, 2021 @ 11:00 am By Ariel Glasner and Amit Roitman  |  

President Joe Biden’s young administration is poised to deliver heightened – and perhaps unprecedented – regulatory scrutiny of the exploding Fintech industry.  The groundwork for a more active regulatory regime has been set over the course of the past decade.  Prior administrations harnessed existing enforcement… Read More

March 29, 2021 @ 11:45 pm By JD Alois  |  

Ripple has agreed to acquire a 40% stake in cross-border payments Fintech Tranglo, according to a public release. Tranglo, based in Malaysia but operates across Asia, reports 1300 partners having completed 20 million transactions at $4 billion in value. Tranglo claims to be one of… Read More

March 4, 2021 @ 11:11 am By JD Alois  |  

Ripple is preparing to file a motion to dismiss in its ongoing legal battle with the Securities and Exchange Commission (SEC). Last December, it was reported that the SEC had filed a complaint charging Ripple with the sale of an unregistered security. Included in the… Read More

February 26, 2021 @ 5:49 pm By Omar Faridi  |  

London-headquartered SETL, a settlement and payments infrastructure provider, has reportedly hired Marjan Delatinne to serve on its executive management team as the company’s Head of Payments. Marjan will be responsible for further expanding SETL’s payments business, and also its market infrastructure and asset management products…. Read More