Ripple CLO Outlines The Unique Positioning Of XRP In The US
Judge Analisa Torres’ ruling in favor of Ripple against the US Securities and Exchange Commission (SEC) has had several impacts on XRP by extension. Highlighting one of them, Ripple’s Chief Legal Officer (CLO) Stuart Alderoty mentioned how the token stands out in the US because of the court’s decision. XRP’s Unique Status Following Court’s Ruling […]
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Ripple and SBI Holdings, together with SBI VC Trade Co., Ltd., have signed a memorandum of understanding that outlines their intention for SBI VC Trade to distribute Ripple USD (RLUSD) in Japan. The agreement positions RLUSD for entry into one of the world’s most tightly regulated digital-asset markets, with availability targeted for the first quarter […]
The legal battle between the US Securities and Exchange Commission (SEC) and Ripple XRP is getting tougher. The watchdog has been hunting crypto assets and firms tagged to deal with unregistered securities. While using enforcement action, SEC stated that XRP is a security and must be registered. It faulted Ripple for selling the token to […]
Ripple Chief Technology Officer (CTO) David Schwartz has clarified concerns about potential manipulation by Ripple on the XRP Ledger (XRPL). This came as a user pointed out that the crypto firm controlled most Unique Node Lists (UNLs), and users didn’t exactly have the option of changing them. Ripple CTO Clarifies Manipulation Concerns Regarding The XRP […]
Ripple’s RLUSD stablecoin is a potential game-changer in the rapidly expanding stablecoin market, which is projected to reach trillions of dollars. With SBI Holdings planning to bring RLUSD to Japan, the stablecoin could be integrated alongside XRP, positioning Ripple for a stronger role in global payments. RLUSD To Propel Ripple Into Global Spotlight A recent […]
Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way “the irreparable harm the SEC will do to every facet of the U.S. crypto economy if it gets its way.” 12 Amicus Briefs Filed in Support of Ripple A growing number of amicus briefs have been filed in support of Ripple Labs as the company continues to fight the U.S. Securities and Exchange Commission (SEC)....