Ripple

SEC Seeks Appeal After Ripple Court Ruling

September 11, 2023 2 mins read

The U.S. Securities and Exchange Commission (SEC) has taken another step in the ongoing legal battle against Ripple Labs. Last Friday, the SEC filed a request with the Southern District of New York, urging the court to reconsider its previous ruling on the agency’s lawsuit against Ripple. The SEC’s filing emphasizes the intricate legal issues surrounding the case, referring to them as “knotty legal problems.” This move comes after a

Ripple’s Response to SEC’s Appeal Request in XRP Lawsuit

September 4, 2023 2 mins read

Ripple, the San Francisco-based blockchain payments firm, is standing its ground in the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC had sought an interlocutory appeal in the case, but Ripple’s legal team is challenging this move, asserting that the regulatory body has not met the necessary requirements to file an appeal. Ripple has formally opposed the SEC’s request to appeal the ruling that cleared

Ripple Announces Strategic Alliance with Island Nation

July 27, 2023 1 min read

Ripple, the blockchain technology company, has been making significant strides in the aftermath of its important victory against the SEC in the SEC-XRP lawsuit. The latest development comes in the form of a groundbreaking partnership with Palau, an island country in the Pacific. Palau’s government has joined forces with Ripple to pilot a US dollar-backed stablecoin on the XRP Ledger. The partnership between Ripple and Palau marks a significant step

Ripple Receives Initial Regulatory Approval in Singapore, Expanding its Footprint in APAC

June 22, 2023 2 mins read

Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services and products in Singapore. This regulatory approval enables Ripple to expand the utilization of its On-Demand Liquidity (ODL) service, which relies on cryptocurrency. The ODL service offered by Ripple, which employs XRP as a bridge currency, has experienced remarkable growth worldwide throughout 2022.

Ripple CEO Brad Garlinghouse: Legal Battle Nears End, but Fight for Regulatory Clarity Must Persist

June 19, 2023 2 mins read

Ripple CEO Brad Garlinghouse has warned that although Ripple’s legal dispute with the SEC is nearing its conclusion, the industry must continue to fight for regulatory clarity. In a video published on Twitter, Garlinghouse expressed his frustration with the SEC’s actions and highlighted the recently unsealed Hinman Documents as evidence of the agency’s intentional confusion about the rules. The Hinman Documents and SEC’s Actions Garlinghouse discussed the unsealed Hinman Documents,

Does XRP have what it takes to reach $2 again?

June 16, 2023 2 mins read

XRP, the cryptocurrency associated with Ripple, has experienced its fair share of ups and downs in the volatile cryptocurrency market. After reaching a peak of $3.84 in early 2018, XRP’s price has faced significant fluctuations. Many XRP investors and enthusiasts are eager to know if the cryptocurrency can reclaim the $2 price level. In this article, we will explore the factors that could potentially influence XRP’s price and whether it

Ripple Collaborates with Colombia’s Central Bank: What Does It Mean for XRP?

June 16, 2023 1 min read

Colombia’s central bank, Banco de la República, has joined forces with Ripple and the Ministry for Information and Communications Technologies (MinTIC) to implement Ripple’s CBDC platform. This strategic collaboration aims to leverage blockchain technology to enhance Colombia’s high-value payments system as part of MinTIC’s third phase of blockchain experimentation under the guidance of the Directorate of Digital Government. By adopting Ripple’s CBDC platform, Banco de la República aims to evaluate

SEC’s Response to Hinman Speech Controversy Unveiled in Ripple Labs Filing

June 14, 2023 1 min read

Significant documents related to William Hinman, the former director of the SEC’s Division of Corporation Finance, have been released in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The documents, which were released on June 13, 2023, shed light on the Trading and Markets Department’s comments on Hinman’s 2018 speech, in which he expressed the view that bitcoin (BTC) and ether (ETH) were

XRP Prices Soar as Ripple Labs Releases Hinman Speech in Filing

June 13, 2023 1 min read

XRP, the cryptocurrency associated with Ripple Labs, experienced a significant surge of 7.4% in the past 24 hours, defying the overall market trend. Traders appear to be placing their bets on a positive outcome for Ripple Labs in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). The recent price increase coincided with the release of documents related to William Hinman, the former director of the SEC’s

Ripple Labs Releases 1 Billion XRP Tokens in Monthly Distribution

June 2, 2023 2 mins read

Ripple Labs, the company behind the XRP cryptocurrency, has unlocked 1 billion XRP tokens from escrow. The tokens were released on June 2, 2023, and were distributed across three transactions. The unlock is part of Ripple’s regular monthly distribution of XRP tokens from escrow. Ripple has said that it will continue to release XRP tokens from escrow on a monthly basis until all 55 billion tokens have been released. The

XRP Whales Increase Holdings as Community Gains Confidence in Ripple’s SEC Case

May 29, 2023 1 min read

The price of XRP, the native cryptocurrency of the Ripple network, has surged by 13% in the past two weeks. This strength has been pointed towards Ripple’s improving fundamentals fueling XRP’s accumulation. Crypto whales have been accumulating XRP in large quantities in recent weeks. According to crypto analyst Ali Martinez, whales have acquired over 52 million XRP in the past three weeks, totaling approximately $22.9 million. The recent whale activity

Ripple CEO Says SEC Case Could End Soon

May 25, 2023 1 min read

Ripple CEO Brad Garlinghouse said in a recent interview that he expects the company’s prolonged legal battle against the US Securities and Exchange Commission (SEC) to be over in weeks. In an interview with Mukaya Panich, the CEO of SCB 10X, Garlinghouse said he expects the court case resolution “in weeks, not months,” following the recent court news regarding the Hinman emails would be made public. The Hinman emails refer