Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
Binary trading platforms with better performance and payouts
Ripple
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.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry.
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.