Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Este artículo también está disponible en español. As the US presidential election approaches, the crypto industry has emerged as a focal point of political debate, with key figures from blockchain payments company Ripple expressing divided support for leading candidates Vice President Kamala Harris and former President Donald Trump. This division comes amid ongoing debates about regulatory frameworks, particularly concerning the US Securities and Exchange Commission (SEC) and its enforcement actions against the cryptocurrency sector. Ripple Larsen’s $1 Million XRP Donation Christian Larsen, co-founder of Ripple, has made headlines by making…
“I don’t think that folks who are paying attention should be much distracted by these efforts to create confusion, because I think the judge got it right, and I think they should welcome the opportunity for the court of appeals to roll on this issue and finally, bring the clarity that we need,” Alderoty said about the appeals court taking up the case – though, he added, the U.S. “really needs a policy solution” from legislators rather than court rulings. Source
XRPL’s native token, XRP, rose as much as 3.75% Thursday, its biggest intraday gain since Sept. 29, Coindesk Indices data show. The token subsequently pulled back, but remains over 1.8% higher since midnight UTC, comfortably outperforming the wider crypto market, which has gained just 0.2%, as measured by the CoinDesk 20 Index (CD20). Source
Ripple is entering the custodian space, unveiling a range of new services to assist financial institutions in managing crypto for their clients. According to a CNBC report on Oct. 10, the San Francisco-based blockchain firm wants to position its recently formed Ripple Custody division as a new player in the growing crypto custody market. The new offerings reportedly include pre-configured operational and policy settings, integration with Ripple’s XRP Ledger platform, and tools for monitoring anti-money laundering risks to ensure regulatory compliance. In a bid to enhance its custody capabilities, Ripple…
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance, highlighting a year of varied fintech advancements. Ripple Wins at 2024 Future Digital Awards Juniper Research […] Source CryptoX Portal
Este artículo también está disponible en español. Yesterday, Wednesday, the United States Securities and Exchange Commission (SEC) formally extended the XRP lawsuit against Ripple by filing a Notice of Appeal regarding Judge Torres’s ruling. Following this news, the price of XRP plunged by more than 10%. However, crypto analyst Egrag Crypto (@egragcrypto) maintains that the bullish setup remains unchanged, with a target of $7.50 still in place for this bull run. Why $7.5 Is Still Possible For XRP Price Egrag’s analysis, shared via X, emphasizes resilience in the XRP pricing…
Ripple has announced that its payments solution is now available in Brazil, which follows digital asset infrastructure provider’s partnership with crypto exchange Mercado Bitcoin. According to a Ripple announcement on Oct. 3, Mercado Bitcoin will be the first platform to tap into Ripple Payments, a solution that allows businesses to benefit from faster and cheaper cross-border payments. Mercado Bitcoin users will also benefit from enhanced security, global access, and deeper liquidity. Direct cross-border payments in Reais Brazil is the first country in Latin America that the company behind XRP…
“Ripple Payments offers unique capabilities that are important to crypto businesses enabling them to streamline operations, optimize liquidity, and ultimately improve margins through real-time payment settlement,” said Silvio Pegado, Ripple’s managing director for Latin America, in a statement. Source
In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority over crypto markets. The appeal targets a July 2023 decision by US District Judge Analisa Torres, which determined that the XRP token, sold by Ripple Labs on public exchanges, does not qualify as a security under existing laws. SEC Appeals Court Ruling On XRP The implications of this ruling are substantial. Judge Torres…