Category: XRP

Ripple’s chief executive Brad Garlinghouse says the San Francisco-based payments firm is open to settling its lawsuit with the U.S. Securities and Exchange Commission (SEC) under one condition. In a new interview with Fox Business, Garlinghouse says Ripple would be willing to settle with the SEC if the regulator clearly defines the regulatory status of

Raoul Pal is saying that global payments asset XRP has a great risk-reward ratio despite a lawsuit filed by the U.S. Securities and Exchange Commission (SEC).  In a new interview on Savvy Finance, the CEO of Real Vision and Global Macro Investor shares why he remains bullish on the crypto asset.   “XRP is a great

The San Francisco-based payments company Ripple says its technology will power a central bank digital currency (CBDC) pilot project in Bhutan. The nation’s Royal Monastery Authority (RMA) is collaborating with the crypto firm to roll out its very own CBDC as a way of improving the efficiency of cross-nation payments and increasing financial inclusivity, according

Ripple’s legal team reportedly has no intentions of reaching a settlement in their lawsuit with the U.S. Securities and Exchange Commission (SEC). Ripple is being sued by the SEC for allegedly selling XRP as an unregistered security beginning in 2013. The top US financial regulator also alleges that XRP remains an unregistered security to this

The delisted crypto asset XRP just made a brief reappearance on Coinbase Pro, causing its price to jump 14% in a matter of minutes. The top US-based exchange removed the ability to trade the token on its platform soon after the U.S. Securities and Exchange Commission (SEC) launched its lawsuit against Ripple, which claims Ripple

The U.S. Securities and Exchange Commission (SEC) says it stayed silent on the status of XRP until slapping Ripple with a lawsuit late last year. In a new court filing, the SEC says that while third parties inquired about the legality of the altcoin, it never publicly provided a clear opinion on the matter.  

  Global payments company Ripple emptied a digital wallet holding 4,000,000,000 XRP tokens that were used to fund a settlement with a former executive. Ripple’s now-empty wallet was periodically sending XRP to co-founder Jed McCaleb’s own “Tacostand” wallet. However, McCaleb’s wallet is expected to be drained as he must sell off his XRP in small

Lawyers representing Ripple have responded to the U.S. Securities and Exchange Commission (SEC) after it opposed their efforts to determine whether SEC employees were allowed to purchase XRP while simultaneously conducting an investigation of Ripple for securities fraud. The SEC alleges that Ripple issued XRP as an unregistered security and that the crypto is still

XRP whales just moved nearly half a billion dollars worth of the sixth-largest crypto asset. Within a 12-hour period on Friday and Saturday, deep-pocketed entities relocated more than $470 million worth of XRP, according to the crypto tracker Whale Alert.   The largest single transaction of the weekend’s whale spree happened when an unknown investor

The U.S. Securities and Exchange Commission is trying to block a motion from Ripple lawyers that could expose whether SEC employees traded or invested in XRP. The SEC sued Ripple late last year for allegedly selling XRP as unregistered securities.   In legal filings revealed by lawyer and XRP supporter James K. Filan, the SEC