Category: XRP

Ripple’s XRP-powered, cross-border payment product has seen massive growth in volume year-on-year (YoY) despite the company’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In the second quarter of 2022, the payment product called On-Demand Liquidity (ODL) had a 9x growth in volume YoY, according to a new market report from Ripple.

The U.S. Securities and Exchange Commission (SEC) is raising an objection aimed at preventing Ripple from using the regulator’s documents in the ongoing lawsuit. In a filing, the SEC says it opposes an order issued earlier this month compelling the US markets regulator to disclose the drafts of a speech its former director William Hinman

U.S. District Judge Analisa Torres is allowing XRP holders to remain a part of the U.S. Securities and Exchange Commission’s ongoing legal battle with Ripple. In a new order, Judge Torres allows XRP holders to retain their status as “amici curiae” in the SEC’s action against Ripple Labs Inc, but she denies them the opportunity

A Singapore-based payment solution provider is going to use On-Demand Liquidity (ODL), Ripple’s XRP-powered cross-border payment product. FOMO Pay will use ODL to improve its cross-border treasury flows, according to a new press release from Ripple. The fintech company, which was founded in 2015, aims to use the cross-border payment product to get constant access

A crypto legal expert says that the Judge in the U.S. Securities and Exchange Commission’s (SEC) case against Ripple Labs is losing patience with the regulatory agency for flip-flopping on its story. In a new video update, attorney Jeremy Hogan, who has been closely following the case, says that Judge Sarah Netburn is getting tired

The battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs grinds on as the SEC disputes a key judicial ruling. Crypto attorney James K. Filan, who has been chronicling the SEC versus Ripple case since December 2020, shares with his 106,700 Twitter followers a copy of an SEC request to block drafts

The U.S. Securities and Exchange Commission (SEC) is opposed to allowing attorney and XRP supporter John Deaton from participating in the Ripple lawsuit any longer. In April 2021, Deaton and five other XRP holders, referred to as “movants” in the case documents, filed a motion to intervene in the case “on behalf of all similarly

The host of Coin Bureau says the latest news about XRP is bullish for the seventh-largest crypto asset by market cap. In a new video, pseudonymous analyst Guy tells his 72,400 subscribers that Ripple co-founder Jed McCaleb has finally sold all of his XRP holdings. “A couple of other stories also caught my eye, one

Ripple co-founder Jed McCaleb is finishing selling off 9 billion XRP after nearly a decade of gradually unloading his holdings to the market. Crypto researcher Leonidas Hadjiloizou tells his 59,600 Twitter followers that McCaleb finished distributing his XRP this week after over eight years of sales. The former Ripple executive reportedly made a total of

A new Ripple survey reveals what experts think about the potential for one crypto niche to see widespread mainstream adoption. In the fall of 2021, Ripple asked over 1,600 business participants across 22 countries to discuss what they thought of central bank digital currencies (CBDCs). Those surveyed were divided into two equal groups, one representing