Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
Ripple
Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.
Ripple to Allocate $10M to Tokenized U.S. Treasury Bills on XRP Ledger
This is part of a larger fund that Ripple will allocate to tokenized T-bills provided by OpenEden and other issuers.
XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock
XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens.
Here’s how much XRP Ripple has sold in 2024 by July
Ripple is one of the world’s most famous cryptocurrency companies, developing and promoting the XRP Ledger (XRP). At the same … Continue reading
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Ripple could sell 300 million XRP in July from treasury reserves
Ripple has prepared its treasury account for a significant monthly XRP selling activity. The company has reserved 300 million XRP … Continue reading
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Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.
Crypto Giants Notch Wins in Expensive Quest to Sway U.S. Politics – Without Mentioning Crypto
In politics, money talks, but the donors and organizers behind crypto’s massive U.S. campaign fund don’t. The digital assets industry has amassed a juggernaut of campaign finance, a $169 million fund that’s capable of steering many contests this year and could decide the makeup of next year’s Congress. It’s already scored more than 20 victories, including high-profile elections in California and, just this week, New York.
California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial
A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.
Could XRP be on the verge of a breakout as open interest surges?
In the midst of recent cryptocurrency market turbulence and sell-offs, XRP, backed by Ripple Labs, is pushing to regain bullish … Continue reading
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