What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.
Ripple
Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says J.P. Morgan
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, J.P. Morgan wrote in a research note Friday.
Sale of XRP on Exchanges Not Investment Contracts, Court Rules in SEC Case Against Ripple
The institutional sale of the XRP tokens did violate federal securities laws, a court ruled as it granted a motion for summary judgment in part on Thursday.
Canada’s Largest University Starts XRP Validator in New Partnership With Ripple
The partnership between University of Toronto and Ripple is part of the latter’s University Blockchain Research Initiative (UBRI) in Canada.
Ripple Appoints Market Research Firm Nielsen’s CFO Jenson to Board
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen.
XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor
Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network
Ripple Starts Platform for Central Banks to Issue Their CBDCs
The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority’s e-HKD pilot.
Ripple Buys Crypto Custody Firm Metaco for $250M
Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.
Ripple’s Tussle Against SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report
The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit.
Ripple Sold $336M Worth of XRP Tokens in Q1, Reports Strong XRPL Growth
Ripple has continued to sell XRP only in connection with its international transaction product.