Tag: Ripple

Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP – Regulation Bitcoin News

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The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange Commission (SEC) is able to prevail in its lawsuit against Ripple over xrp. He cautioned that the SEC’s enforcement-centric approach to regulating crypto “is not a healthy way to regulate an industry.” Ripple’s CEO on SEC Lawsuit, U.S. Crypto Regulation Ripple CEO Brad Garlinghouse warned about harmful consequences to the crypto industry if the U.S. Securities and Exchange Commission (SEC) wins its lawsuit against him and his company over the…

The crypto industry has ‘already started’ moving outside US, says Ripple CEO

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The United States Securities and Exchange Commission’s (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to regulate an industry, and may result in the U.S. being a less attractive location for crypto firms, suggests Ripple’s CEO. In a Mar. 3 Bloomberg interview, Brad Garlinghouse, CEO of blockchain-based digital payment network Ripple, suggested that the SEC’s approach to regulation is putting the U.S. at “severe risk” of missing out on being an attractive hub for the next evolution of blockchain and crypto innovation. Garlinghouse…

Ripple CEO Expects Lawsuit with SEC to End in 2023

The Ripple chief had already earlier specified that the lawsuit with the SEC would reach a resolution in the first half of 2023. The lingering legal battle between the US Securities and Exchange Commission (SEC) and Ripple is expected to finally come to an end in 2023. The case, which began in December 2020, involved the payment protocol and two of its executives – Christian Larsen and Bradley Garlinghouse. The Commission alleged that the company and the executive sold unregistered XRP tokens, raising $1.3 billion. According to the filing, Ripple…

Bitcoin Mining to Go Obsolete?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cardano founder Charles Hoskinson believes that Bitcoin mining should be stopped and that all existing units of the assets should be converted into wrapped Bitcoin. Why is that? According to Hoskinson, if Bitcoin’s network is shut down, it can continue to exist as wrapped Bitcoin on other networks. In his view, the industry would not need the proof-of-work consensus mechanism because it is the “gold mine” to get the asset. The Cardano founder highlighted that Bitcoin’s “gold mine” consumes a lot of…

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases – Bitcoin News

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Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s chief legal officer, argues that Gensler must “recuse himself from voting on any enforcement case that raises that issue.” Alderoty insists that the SEC chair “has prejudged the outcome.” Lawyer Ignites Discussion on Twitter Over SEC Chair’s Comments on Cryptocurrency and Securities The recent interview of SEC chair Gary Gensler…

BREAKING! FTX Token Crashes 90% A Meteoric Collapse In The Crypto Market | Gareth Soloway

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BREAKING! FTX Token Crashes 90% A Meteoric Collapse In The Crypto Market | Gareth Soloway In today’s video, Chief Market Strategist of Inthemoneystocks.com Gareth Soloway tells us all about his latest analysis of the charts as well as his predictions and price targets for Bitcoin, ETH, ADA, Solana, and QUANT. The drama between FTX and Binance has worried the bitcoin and crypto community who fear the clash will spillover to the wider market, Fears of contagion from the public spat between Binance…

Montenegro’s central bank teams up with Ripple on digital currency pilot project

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Montenegrin Prime Minister Dritan Abazović has announced on Twitter that his country is pursuing a digital currency in conjunction with Ripple. Abazović met with Ripple CEO Brad Garlinghouse and vice president James Wallis at Davos. Wallis is Ripple’s vice president for central bank engagements and CBDCs. Abazović apparently had something like a central bank digital currency (CBDC) in mind in his announcement, as he stated in the thread: “In cooperation with @Ripple and the Central Bank, we launched a pilot project to build the first digital currency or stablecoin for…

New Ripple president says her job is to continue to scale amid crypto winter

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Monica Long has been named the new president of Ripple, moving up from general manager. Long joined the company in 2013 as director of communications and expanded her role last year from general manager of RippleX, the blockchain development side of the business, to general manager of the company as a whole, adding RippleNet, the company’s financial network, to her purview. The presidency of Ripple has been a somewhat nebulous position until now, with the title being ascribed to both co-founders Brad Garlinghouse and Chris Larsen at various times. Long’s…

Ripple (XRP) Price Prediction: Orbeon Protocol (ORBN) Rallies Over 987% In The Presale

Place/Date: – January 23rd, 2023 at 5:17 am UTC · 3 min read Source: Orbeon Protocol Orbeon Protocol (ORBN) is making waves in the crypto world with its presale rally of over 987%. This revolutionary protocol is changing the way crowdfunding and venture capital work, and investors are taking notice. The ORBN token can now be purchased for $0.0435, and analysts believe that the price will continue to soar, with predictions of a 6000% increase from the initial presale price, making the token worth $0.24. As the Securities and Exchange…