Category: XRP

The vice president of RippleX James Wallis says Ripple is currently working with central banks on developing digital currencies. In a new interview on the Voice of FinTech podcast, Wallis outlines Ripple’s role in the minting of central bank digital currencies (CBDCs), emphasizing that the company is not trying to uproot existing financial structures, but

Crypto lawyer Stephen Palley thinks Ripple faces an overarching problem with XRP in terms of its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC alleges Ripple illegally sold XRP as an unregistered security upon its launch and maintains that the digital asset is a security to this day. The SEC also

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have released a status report on the odds they will reach a settlement as a pre-trial conference approaches. In a joint letter, the SEC and Ripple say that they appear unlikely to settle the lawsuit anytime soon. The SEC alleges Ripple sold XRP as an

A new job opening at Ripple is highlighting the payments startup’s efforts to expand XRP liquidity for institutions across the world’s largest continent. In a new job listing, Ripple says it is looking for a manager for institutional markets who will play an instrumental role in the company’s efforts to expand its reach in the

Ripple has patented a network computing system for its XRP-powered cross-border payment product, On-Demand Liquidity (ODL). The United States Patent and Trademark Office (USPTO) officially granted the patent on January 26th, according to documents filed on the USPTO website. Ripple’s patent explains that ODL helps banks avoid keeping money tied up in the “correspondent banking”