Crypto Biz: Ripple takes the high road, Jan. 20–26
Ripple's ongoing battle with the SEC isn't stopping the blockchain payments company from carving out a stronger position in the market. Blockchain payments company Ripple (XRP) made it abundantly clear this week that it's not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares that it issued to private investors back in December 2019 — even though a court ruling in 2021 said it didn't have to.This week's Crypto Biz explores Ripple's share repurchase and....
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Payment company Ripple continues to score victories worldwide and expand its services. The Brad Garlinghouse-led company celebrated two major milestones yesterday, one within its borders, the United States, and the second in Asia. Related Reading: Ripple Vs. SEC: Key Dates To Watch Post-Interlocutory Appeal Win Ripple Takes Over Asia According to an official announcement, the […]
In a legal battle that has recently come to light on September 4, Ripple Labs Singapore, the Singapore arm of Ripple Inc., has taken legal action against GCC Exchange, a well-known foreign exchange and money transfer app provider. The lawsuit stems from alleged non-payment issues concerning the transfer of XRP liquidity injected by Ripple’s Singapore-based […]
One thing that has emerged that could influence the XRP price has been the possibility of Ripple carrying out an Initial Public Offering (IPO). This would mean that shares of the crypto firm would become publicly tradable like that of Coinbase’s COIN stock. However, even more prominent among investors is the possibility of how high the price of the shares could trade. Financial Expert’s Ripple Video Resurfaces The rumors had first begun with some members of the XRP community talking about a possible IPO. Like rumors are wont to do, it quickly took on a life of its own and grew from there.....
"MoneyGram will continue to monitor the situation" following an SEC lawsuit against its part-owner, Ripple, a spokesperson told CoinDesk.
A year has passed since the FBI shut down black marketplace Silk Road and arrested its alleged founder, Ross William Ulbricht. Much has happened in the bitcoin world since these events, yet the shadow of Silk Road still hangs over the industry. Twelve months later, it remains an influence on bitcoin's mainstream perception, the proposed regulation targeting the industry and the entrepreneurs and developers working in the space. Whether you believe Silk Road to be another speed bump on bitcoin's road to mass adoption or a black mark that could threaten its future, it is never far from the....