Ripple

Ripple’s CEO Says Global Regulatory Progress is “Inspiring”

February 10, 2023 1 min read

Ripple CEO Brad Garlinghouse has called the recent regulatory developments in the cryptocurrency industry “energizing.” In a series of tweets, Garlinghouse highlighted the steps being taken by various countries, such as Dubai releasing a comprehensive set of rulebooks for crypto market participants. In addition, he mentioned about Australia’s Treasury seeking public input on updating licensing and custody for cryptocurrencies, the UK government’s intention to establish a clear framework balancing innovation

Ripple Appoints New President Ahead of XRP Lawsuit Decision

January 30, 2023 1 min read

Ripple Labs, the payments platform, has recently appointed a new president amidst the ongoing lawsuit by the U.S. Securities and Exchange Commission (SEC). In a company blog post, Ripple announced the promotion of Monica Long, the firm’s senior vice president and general manager, to the position of president. According to Ripple CEO Brad Garlinghouse, Long has been an instrumental figure in the company’s growth and financial stability, even in the

Ripple Partner Officially Recognized as Money Transfer Company by Central Bank of Uruguay

January 16, 2023 1 min read

A document from the Central Bank of Uruguay is causing excitement in the XRP community. The document, which mentions Ripple seven times, is dated March 7, 2022, but was reportedly only recently published on the Central Bank of Uruguay’s website. The exact role of Ripple in the document is not yet clear, but it reveals that the Central Bank registered Ripple partner, LATAM SOFTWARE S.A.S., as a “money transfer company”

MoneyGram Moves to Keep Some XRP Lawsuit Filings Confidential in Ripple, SEC Case

January 5, 2023 1 min read

MoneyGram has asked the U.S. District Court for the Southern District of New York to keep certain details of its summary judgment materials in the lawsuit between Ripple and the SEC confidential. The cross-border payments company stated that it wants to protect business information and employee identities. The SEC and Ripple requested a summary judgment in September. The SEC filed a lawsuit against Ripple and its executives in December 2020,

Ripple CEO Brad Garlinghouse: US Support for Crypto Regulation is Strong and Bipartisan

January 4, 2023 1 min read

Ripple CEO Brad Garlinghouse has expressed optimism that the United States will achieve “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. In a Twitter thread, Garlinghouse stated that support for regulation is “bipartisan & bicameral” and referenced various bills, including the Securities Clarity Act, the Responsible Financial Innovation Act, and the Clarity for Digital Tokens Act, as examples of progress towards regulation. However, Garlinghouse also noted that the US

SEC Seeks to Keep Key Documents in XRP Lawsuit Against Ripple Under Wraps

December 28, 2022 1 min read

The US Securities and Exchange Commission (SEC) has filed to seal documents in its lawsuit against San Francisco payments company Ripple that contain internal SEC deliberations about a speech given by former SEC official William Hinman in 2018 stating that both bitcoin and ether were not securities. The SEC argued that the documents, which reflect the views and positions of various SEC officials on “issues of programmatic significance”, would harm

US SEC Seeks to Keep Hinman Documents Private in Ripple Case

December 26, 2022 1 min read

The US Securities and Exchange Commission (SEC) has faced criticism from the cryptocurrency community after requesting that the infamous Hinman Speech documents be sealed in the Ripple Labs case. The documents refer to a speech given by former SEC Corporation Finance Division Director William Hinman at the Yahoo Finance All Markets Summit in June 2018, in which he reportedly stated that the Ethereum token, Ether, is not a security. Ripple

Ripple’s Alderoty accuses the US SEC for BlockFi’s demise

November 28, 2022 1 min read

As the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) in the United States nears its conclusion, the fintech is throwing one more punch. Regardless, Ripple’s legal counsel and chief technology officer (CTO) continue to press their case against the SEC, harshly criticizing its anti-crypto enforcement policies. Ripple’s general counsel, Stuart Alderoty, echoed the SEC’s recently released annual report, in which the agency praised itself. According

Ripple publishes a “regulatory white paper” on crypto policy with suggestions for UK legislators

November 15, 2022 2 mins read

Ripple, the creator of XRP, hopes to take advantage of its expanding presence in the UK with a regulatory white paper for UK policymakers. The B2B blockchain payment system operator and XRP issuer Ripple has published a “regulatory white paper” with suggestions for UK legislators and regulators drafting laws on cryptocurrency policy. The report’s recommendations are influenced by other regions that have advanced in enforcing crypto regulation, such as Dubai,

The US SEC has handed up key documents in the Ripple case

October 21, 2022 1 min read

In a tiny triumph for Ripple Labs, the Securities and Exchange Commission, or SEC, has agreed to turn over internal correspondence. Ripple Labs, the custodians of the XRP token, has scored a little victory in its long-running lawsuit with the SEC, acquiring vital documents that may aid in the regulator’s investigation. Ripple has obtained what has become known as the Hinman documents — internal SEC drafts and emails relating to

The SEC attacks companies supporting Ripple as they fear Ripple’s ‘Gigantic Win’ in XRP Suit

October 6, 2022 1 min read

In an effort to support Ripple in the protracted $1.3 billion XRP securities lawsuit, two companies, I-Remit and TapJets, attempted to file amici briefs with the court. The U.S. Securities and Exchange Commission (SEC) objected to their efforts. The movers have come under fire from the regulator for attempting to present evidence that is outside the parameters of discovery laws and the court’s prior order. The cross-border payments company I-Remit,