Ripple Using XRP Ledger Code To Create Private Blockchains for CBDCs
According to a recent tweet, Ripple is currently working on deploying private blockchains of the XRP Ledger (XRPL) code to be used by central banks in developing Central Bank Digital Currencies (CBDCs) and other similar use cases from Matt Hamilton, a former Principal Developer Advocate at Ripple Labs.
Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP
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 sale of XRP in an interview with Bloomberg on Thursday.
The Crypto Industry Has ‘Already Started’ Moving Outside of the US, Says Ripple CEO
In a Mar. 3 Bloomberg interview, blockchain-based digital payment network Ripple’s CEO Brad Garlinghouse, suggested that the SEC's approach to regulation is putting the U.S. at “severe risk” of not being a hub for the next evolution of blockchain and crypto innovation.
Deaton Indicates Ruling in Ripple Case Could Take 2 Months Longer
Attorney John E. Deaton has indicated that the ruling in the United States Securities and Exchange Commission Case (SEC) against Ripple could take two months longer.
Ripple Partner Tapped by Western Union for Cross-border Payments in Africa
MFS Africa, a Ripple partner, has partnered with global American financial services giant Western Union.
Ripple General Counsel Outlines Ripple’s Plans if XRP Lawsuit Summary Judgment Favors SEC
Owing to this, the Ripple chief legal officer, who previously implied that the XRP lawsuit could involve the Supreme Court stated that any verdict in the case based on prejudgment is moot for Ripple now.
Ripple Says Recent Supreme Court Ruling Weighs in Its Favor in SEC Case
Ripple Labs Inc said in court papers Friday that a recent U.S. Supreme Court decision supports one of its key defenses in the U.S. Securities and Exchange Commission's case over the cryptocurrency XRP.
Ripple CEO: SEC’s Methods Are ‘Not a Healthy Way to Regulate an Industry’
Brad Garlinghouse has maintained that XRP is not a security, and that it is used by his firm to address issues related to cross-border settlements. Garlinghouse believes that the wall street regulator’s intensified regulatory crackdown and the recent enforcement actions, is keeping the U.S from establishing a productive regulatory framework for crypto.
Major Crypto Trading Platform Uphold Reaffirms Support for $XRP
On social media, Uphold reacted to a trend on the microblogging platform Twitter where users kept on asking for trading platforms to relit XRP. XRP was delisted from several exchanges after the U.S. Securities and Exchange Commission (SEC) sued Ripple Labs over the sale of XRP, alleging it’s an unregistered security, in 2020.
Ripple Survey Reveals Overwhelming Support for Crypto Payments – Regulatory Uncertainty Sole Barrier
Crypto and blockchain are set to become the catalyst for a long-awaited transformation of the “antiquated and exclusionary” payments industry, according to a survey conducted by Ripple and the U.S. Faster Payments Council.
Ripple Survey: 97% of Payment Firms Believe in the Power of Crypto
Blockchain-based digital payment network Ripple and the Faster Payments Council (FPC) payment organization on March 2 issued a report devoted to the opportunities of crypto-enabled payments.
Ripple: Payment Leaders From 45 Countries Back Crypto For Fast Payments
A recent whitepaper from Ripple and the US Faster Payments Council has revealed that an overwhelming 97% of payment industry leaders think that blockchain and cryptocurrency have the potential to accelerate payments in the next three years.
Ripple’s Stuart Alderoty Outlines Three Possible Outcomes in Ongoing Lawsuit with SEC
Earlier today, Stuart Alderoty, Ripple’s Chief Legal Officer, recently spoke about the U.S. SEC’s ongoing lawsuit against Ripple Labs over the sale of XRP tokens (which the SEC considers unregistered securities).
Crypto Community Predicts $XRP Price Will Rise in March as XRP Ledger’s Use Cases Grow
According to nearly 900 users on CoinMarketCap’s cryptocurrency price estimates, on average respondents predicted that XRP would end the month of March trading at $0.414 per token, up from around $0.378 the cryptocurrency is currently trading for, or nearly 10% more.
Top US-Based Exchange Reveals Most XRP Investors are Long-Term Holders
Regardless of the troubles surrounding the 6th largest cryptocurrency asset, XRP investors still believe the asset would give them a good run for their money.
Ripple SVP Says Firm Is Working With Over 20 Countries on CBDCs
Ripple has been forced to build quickly outside the U.S. due to regulatory headwinds.
Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases
On February 27, 2023, Ripple’s chief legal officer, Stuart Alderoty, tweeted about Gensler’s public statements following the interview. Ripple is currently in a legal dispute with the SEC to determine whether XRP tokens are securities or not. Alderoty’s tweet read, “Crypto lawyer PSA: Chair Gensler has once again declared that all cryptocurrencies except BTC are unregistered securities. He must now recuse himself from voting on any enforcement case that raises that issue, as he has already prejudged the outcome. Antoniu v. SEC (8th Cir. 1989).”
Ripple Unlocks 1B XRP From Escrow, Sends 50M Tokens to Unknown Wallet
The development is part of the company’s scheduled periodic escrow executions.
Ripple CTO David Schwartz Discloses Email That Led to Jed McCaleb Hiring Him
After 12 years of working at the Silicon Valley technology company, David Schwartz took to Twitter on Friday to disclose how he became a staff at Ripple. This recent update further revealed Schwartz’s expertise and vast years of experience in the crypto and blockchain industry.
Ripple Asks SEC Chair To Recuse Self From Crypto Enforcement Cases
Ripple’s chief legal officer Stuart Alderoty asked the U.S. SEC chairman Gary Gensler to recuse himself from voting on any enforcement case relating to cryptocurrencies because he has prejudged the issue.
