Tag: Ripple

Ripple exec predicts crypto landscape shifts in 2024

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Ripple chief legal officer Stuart Alderoty has shared insights on the future of the cryptocurrency landscape in 2024. He discussed predictions about Ripple’s legal dispute with the United States Securities and Exchange Commission (SEC), the judiciary’s influence on crypto regulations and potential legislative challenges in the U.S. Congress. Alderoty predicts the possible resolution of Ripple’s lawsuit with the SEC in 2024, and he cautions against the SEC’s persistent “regulation by enforcement” strategy, highlighting its potential consequences for the crypto industry. Alderoty predicts a significant role for the judiciary in curbing…

Ripple Releases White Paper Reaffirming Its Belief in CBDCs

Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency. Blockchain-based payment solutions provider Ripple has reaffirmed its support for central bank digital currencies (CBDC). In a 23-page white paper released on December 14, the firm explains the basics of CBDCs, their potential benefits, risks, and barriers to mainstream adoption. It also stresses the need for governments and private sector players to collaborate in addressing challenges. Citing a report by global management consulting firm McKinsey, Ripple presents…

Ripple issues white paper on CBDCs, reiterates belief in their potential

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Ripple has doubled down on its public support for central bank digital currencies (CBDCs) in a new white paper. The 23-page document was released by the blockchain-based digital payments company on Dec. 14, and Ripple explains the basics of CBDCs, their attractiveness, risks and barriers to widespread adoption. The white paper claims CBDCs help expand financial inclusion, streamline cross-border payments, and reinforce monetary policy control. It also states: “CBDCs are needed to support the most significant positive impacts of asset tokenization, an increasingly targeted mechanism for transforming tangible assets into…

PayPal’s stablecoin ripple effect on markets

PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be a big jump toward accepting cryptocurrencies in regular finance, some industry observers advise caution. They underline the hurdles and limitations that could slow down broader adoption. What is PYUSD? This initiative aims to bridge the fiat and digital currency realms for consumers, merchants and developers. PayPal CEO Dan Schulman highlighted the need for a stable digital-fiat conduit.…

Ripple and XRP Were Given Hope by this Judge

“If the ruling is adopted by the court of appeals, it potentially provides a pathway for projects to raise funds,” Gulovsen said. Judge Torres’ ruling may also prove to be an outlier. Another judge in the same court, Judge Jed Rakoff, explicitly rejected Judge Torres’ analysis in a summary judgment ruling of his own in the SEC’s case against Terraform Labs – though, of course, the circumstances of that ruling are unique to that case, as the circumstances of the Ripple ruling are unique to this case. Source

Ripple IPO May Be Delayed, Crypto Pundit Gives Reasons Why

Crypto Pundit, Dushyant Shahrawat has suggested that the decline in the global financial technology companies may result in a delay in the highly anticipated Ripple IPO.  FinTech Challenges May Push Back Ripple IPO Timeline An XRP community member, Crypto Eri has shared details about Ripple IPO’s timeline in a post on X (formerly Twitter). The X post briefly shed light on a recent interview on NASDAQ Trade Talks, between global markets Reporter, Jill Malandrino and investment banker at Rosenblatt Securities, Dushyant Shahrawat. When asked about his views on the current…

Ripple (XRP) price analysis hints at a possible upsurge: What do experts predict?

Current bullish indicators in Ripple XRP price prediction suggest a potential rise in its short-term value. How far will it go? XRP, the digital currency associated with the company Ripple, has been experiencing a dynamic phase, marked by both gains and fluctuations.  XRP’s value saw notable changes over the past month. It first experienced a drop amid Binance news which saw its ex-CEO Changpeng Zhao’s exit and XRP fell to around $0.58 on Nov. 22, however, it has made a swift recovery as of Nov. 24 and is trading at…

Ripple CEO Offers Perspective On Legal Fallout With The SEC

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Brad Garlinghouse, the CEO of Ripple, expressed his views on the aftermath of their legal battle with the US Securities and Exchange Commission (SEC). Ripple CEO Insights On The SEC’s Stand In The Legal Battle The Ripple CEO spoke about the case between the crypto company and the SEC in an interview at the 2023 DC Tech Week. Garlinghouse highlighted the SEC’s several setbacks since the case started. According to the CEO, “the SEC has lost on everything that matters” when he was asked if the case is “done and…

Ripple making connections amid Binance turmoil

The crypto analyst behind the JWK Show YouTube channel posted a video on Nov. 22nd highlighting recent allegations against crypto exchange Binance. He speculated that this could trigger a “bank run” and collapse similar to FTX. The host pointed to institutions capitalizing on the opportunity, highlighting a recent tweet from Grayscale touting its Grayscale Ethereum Trust as the world’s largest Ethereum (ETH) investment vehicle: We have Grayscale coming in, Wall Street never loses. In addition, JWK also found links between Binance and Ripple, the firm behind the XRP token. He…