Ripple Excites XRP Army as Metaco Acquisition Brings Banks Closer
Earlier this month, Ripple-owned infrastructure provider Metaco said it was working with banking powerhouse HSBC.
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Earlier this month, Ripple-owned infrastructure provider Metaco said it was working with banking powerhouse HSBC.
BlackRock CEO Larry Fink (Michael M. Santiago/Getty Images)
Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
Ripple CEO Brad Garlinghouse said the SEC’s personal lawsuit against him and another Ripple executive was politically motivated, in a social media post. (Scott Moore/Shutterstock/CoinDesk)
The regulator had included them as defendants in securities violation case, and the agency now says it’s just pursuing Ripple for damages.
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region.
SEC Chair Gary Gensler, left, and Ripple CEO Brad Garlinghouse are at the center of the U.S. dispute over the future of crypto oversight. (Kevin Dietsch/Getty and Scott Moore/Shutterstock/CoinDesk)
The handouts are part of a token airdrop whose snapshot took place in 2020.
A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said.
The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of third-party token swaps – contrasted with the regulator’s more lenient image.