In a significant legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple Labs has recently filed a compelling opposition to the SEC’s proposal to impose a massive fine of nearly $2 billion against the company.…
Ripple Labs Faces SEC in Court Over XRP Token Status, $2 Billion in Fines Sought
Ripple Labs Inc., is currently embroiled in a legal dispute with the United States Securities and Exchange Commission (SEC) over the status of its digital token, XRP. Ripple’s Chief Executive Officer, Brad Garlinghouse, recently disclosed that the SEC is seeking…
Ripple Labs (XRP) Faces Regulatory Challenges and Delayed IPO
As the cryptocurrency industry continues to evolve, Ripple Labs, a prominent blockchain payment company, has faced significant hurdles on its path to becoming a public company. Ripple’s chief technical officer, David Schwartz, recently expressed his belief that if Ripple had…
SEC Drops Claims Against Two Ripple Labs Executives in Landmark Decision
In a significant turn of events, the U.S. Securities and Exchange Commission (SEC) has decided to withdraw its allegations against two high-profile executives at Ripple Labs, a prominent blockchain company. This development marks a crucial milestone in the ongoing debate…
Georgia’s National Bank Chooses Ripple Labs for CBDC Partnership
In a significant move towards the advancement of Central Bank Digital Currency (CBDC) technology, the National Bank of Georgia (NBG) has announced its selection of Ripple Labs as one of the potential technology partners for its groundbreaking CBDC pilot project,…
Ripple CEO Urges US Lawmakers to Scrutinize SEC Chair Gensler’s Crypto Stance
A Call for Clarity and Fairness in the Cryptocurrency Regulatory Landscape Ripple CEO, Brad Garlinghouse, has called upon US lawmakers to examine the recent assertions made by SEC Chair Gary Gensler regarding cryptocurrencies. Garlinghouse emphasizes the need for clear and…
XRP Skyrockets by 25% as Investors Anticipate Positive Outcome in SEC Lawsuit Against Ripple Labs
Ripple Labs’ native token, XRP, saw a surge of over 25% on Tuesday as investors remained optimistic about the cryptocurrency’s prospects ahead of a crucial court ruling on the Securities and Exchange Commission’s (SEC) lawsuit against Ripple which has been…
Ripple xCurrent will be used by Brazil and Latin America’s Largest Bank for Payments Processing
Author – Marequitta Roughly a month ago (February 21), it has been revealed by the Ripple team that Brazil and Latin America’s biggest bank by market cap, Itaú Unibanco, have signed an agreement with Ripple to use its blockchain network’s xCurrent…
Ripple drops after Coinbase clarifies on Renewed Integration Rumors
XPR the native Ripple made a double digit drop on Tuesday after Coinbase –U.S. Largest cryptocurrency and brokerage platform clarified on renewed rumors regarding XPR addition to the list of supported cryptocurrencies. Currently, only four crypto tokens are listed on…
UAE Giant Remittance Firm Partners With San Francisco DTL-based Startup Ripple
Author – Sam Reads, UK UAE Exchange, one of Middle East Top money transfer and FOREX firm just inked a new partnership with San Francisco based Blockchain – Startup Ripple. The deal comes as the XPR is trying to break…