An attorney has provided insights on the impending court judgment from the United States Securities and Exchange Commission (SEC) concerning its lawsuit against Ripple. As the legal battle finally appears to be approaching its end, the attorney has outlined how the potential judgements could impact Ripple’s reputation and digital asset operations in the United States
XRP
A crypto analyst has predicted that cryptocurrency payments company, Ripple could be the next high-valuation company, similar to Amazon and Facebook. This prediction comes as XRP witnesses poor performance amidst market volatility and Ripple’s ongoing court battle with the United States Securities and Exchange Commission (SEC). Analyst Predicts Ripple Emerging As Billion-Dollar Start-Up The host
Ripple’s CEO, Brad Garlinghouse, has unveiled a significant leap forward in the world of blockchain and digital currency by announcing partnerships with 10 governments to develop Central Bank Digital Currencies (CBDCs). These collaborations aim to harness Ripple’s blockchain technology for the creation and management of government-issued digital currencies, signaling a noteworthy advance in the integration
Ripple, known for its enterprise blockchain solutions, and Archax, the UK’s first Financial Conduct Authority (FCA) regulated digital asset exchange, broker, and custodian, have announced a significant extension to their partnership. This extension aims to tokenize hundreds of millions of dollars of real world assets (RWAs) using the XRP Ledger (XRPL), positioning XRPL as a
Ripple has officially finalized its acquisition of Standard Custody & Trust Company, a regulated entity providing high-grade digital asset custody solutions. This acquisition, first announced earlier this year, has received the green light from all necessary regulatory bodies, including the New York Department of Financial Services (NYDFS), which oversees the operation of limited-purpose trust companies.
The Ripple Chief Technology Officer (CTO) David Schwartz has responded to rumours that the Company might be considering abandoning its association with the XRP token. The crypto firm has so far provided XRP with its major utilities, and such rumors could negatively impact its price. Ripple Is Not Abandoning XRP Schwartz clarified in an X
Ripple CTO David Schwartz has sent a crucial warning to the community members in regards to a number of scams that have been proliferating. With the crypto market prices recovering once more, scammers are back in full force and they tend to hone in on a community as their target victims, warranting warnings such as
The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has taken an unexpected swipe at Dogecoin (DOGE), the largest meme coin by market capitalization. Garlinghouse has criticized Dogecoin, claiming it lacks real utility due to its meme-based nature. “Dogecoin Has Not Been Good For The Industry” At the Consensus 2024 Conference, one of the world’s
Ripple Labs, Inc., an American technology and crypto payments company, has announced plans to donate a whopping $25 million to a crypto-focused political committee. Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple, has provided insights into the company’s strategic reasons behind the lofty contribution. Ripple Donates $25 Million To Crypto Focused Cause In an
The long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple is one step closer to an end with the Commission’s latest filing. The court is expected to give its judgment soon enough, as both parties have filed all necessary briefs. What The SEC’s Latest Filing Is About The Commission filed a letter
May 20 is an important day in the long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple. The Commission is expected to file a response to the crypto firm’s motion, which seeks to protect the company’s business interests. SEC To File Opposition To Ripple’s Sealing Requests A court filing shows that the
The United States Securities and Exchange Commission (SEC) has experienced another embarrassing setback, as an anti-crypto bill proposed by the regulator has been completely shut down by the United States Senate. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has openly celebrated this outcome, marking it a noteworthy victory for the cryptocurrency industry. SEC’s Anti Crypto
Ripple, a cryptocurrency payments company and the largest holder of XRP, has initiated another large-scale transaction that has caught the attention of the crypto market. The payment protocol and exchange network has dumped 150 million XRP, representing approximately 0.25% of the cryptocurrency’s current market capitalization. Ripple’s Large-Scale Transfer In a recent X (formerly Twitter) post
Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech’s capabilities into the institutional crypto custody market—a segment that is expected to experience substantial growth over the next decade.
Ripple has run into problems once again with the United States Securities and Exchange Commission (SEC) following the announcement of its highly anticipated stablecoin. The stablecoin, which is to be pegged to the US dollar, is expected to give established stablecoins such as Tether’s USDT and Circle’s USDC a run for their money. However, the SEC
Ashley Prosper, an XRP enthusiast deeply invested in the outcome of the legal clash between Ripple and the United States Securities and Exchange Commission (SEC), shared insights on the subject, outlining the possible timeline for a settlement and final ruling of the case. Potential Settlement And Final Ruling Timeline In The Ripple Case According to
Ripple has filed a new court document supporting its motion to strike new evidence in its long-running legal battle against the Securities and Exchange Commission (SEC). The crypto firm filed the initial motion on April 22, seeking to strike Andrea Fox, an accountant at the Commission, as one of the claimant’s witnesses. Ripple Makes A
The crypto community is witnessing a virtual showdown between Cardano Founder, Charles Hoskinson and Ripple’s Chief Technology Officer (CTO), David Schwartz. The two crypto giants are clashing over Ripple’s present regulatory challenges and the allegations surrounding the ETH Gate. Hoskinson And Schwartz Embark On Heated Debate Tensions have flared up within the crypto community as
In a significant move that underscores Ripple Labs‘ global expansion strategy, the popular American-based payment firm and Hashkey DX – a subsidiary of Hashkey Group have formed a strategic alliance to launch enterprise solutions powered by XRP Ledger (XRPL) in Japan. Ripple Bringing XRPL Solutions To Japan On Monday, Ripple announced the strategic collaboration with
In the latest updates on the court case between Ripple and the United States Securities and Exchange Commission (SEC), the Magistrate Judge Sarah Netburn, has ordered strict deadlines for the regulatory agency to respond to the crypto firm’s motion. Judge Issues New Scheduling Order On Thursday, April 25, the magistrate Judge Netburn issued a new
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