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
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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.
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, 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
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 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
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 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
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
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 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
In the XRP lawsuit, Ripple has filed its opposition to the US Securities and Exchange Commission’s (SEC) motion for remedies and entry of final judgment. The fintech company counters the agency’s for nearly $2 billion in penalties with a proposed fine of just $10 million maximum. Filed late Monday, Ripple’s 186-page opposition document details its
In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the company’s ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets amidst ongoing regulatory challenges in the United States. Ripple CEO Unveils 3-Year Growth Plan When inquired about
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