ripplexrp
1.4M visningar
210 Inlägg
Rekommenderas
Senaste
Ripple gives two cents on SEC ruling, locks new set of XRP
Ripple’s official response to the partial win against the SEC called the regulatory’s authority’s lawsuit nothing but a propaganda. Days after the win, XRP didn’t seem in the best of spirits.
The blockchain firm, Ripple, pointed out that both the judgment protects institutions and retailers.
Ripple sent 800 million XRP to its escrow wallet.
Ripple [XRP] finally gave an in-depth response to the partial win it had against the U.S. SEC on 13 July. Although the firm expressed its gladness shortly after the ruling, its latest Q2 market report provides a lot of clarity on certain misconceptions about the case. #dyor #ripplexrp
Ripple’s official response to the partial win against the SEC called the regulatory’s authority’s lawsuit nothing but a propaganda. Days after the win, XRP didn’t seem in the best of spirits.
The blockchain firm, Ripple, pointed out that both the judgment protects institutions and retailers.
Ripple sent 800 million XRP to its escrow wallet.
Ripple [XRP] finally gave an in-depth response to the partial win it had against the U.S. SEC on 13 July. Although the firm expressed its gladness shortly after the ruling, its latest Q2 market report provides a lot of clarity on certain misconceptions about the case. #dyor #ripplexrp
🔈🚨 Breaking: ⚖️ #Ripple CEO Garlinghouse And Deaton Condemn US SEC For Using XRP Report In Suit! 👀🤯
Ripple CEO Brad Garlinghouse And lawyer John Deaton condemn US SEC for using XRP Market Report in the lawsuit against Ripple.
#ripplexrp #Binance
Ripple CEO Brad Garlinghouse And lawyer John Deaton condemn US SEC for using XRP Market Report in the lawsuit against Ripple.
#ripplexrp #Binance
After the major legal triumph in its homeland, Ripple continuing its expansion plans for the U.K. and European markets.
$XRP #ripplexrp
$XRP #ripplexrp
Ripple's XRP, a cryptocurrency used for cross-border money transfers, faced a significant setback when the U.S. Securities and Exchange Commission (SEC) alleged that XRP was a security, not a commodity. Ripple vehemently denied this claim, asserting that XRP should be treated as a commodity. Despite their defense, Ripple suffered losses, losing a major customer and investors. MoneyGram, a prominent U.S. money transfer giant, terminated its partnership with Ripple in March 2021.
As a result, Ripple has shifted its focus to international markets, with the majority of its business now operating outside the United States. The company, employing over 900 people globally, maintains approximately half of its workforce in the U.S.
#dyor #XRP #ripplexrp #news
As a result, Ripple has shifted its focus to international markets, with the majority of its business now operating outside the United States. The company, employing over 900 people globally, maintains approximately half of its workforce in the U.S.
#dyor #XRP #ripplexrp #news
A new study by payments firm Ripple says that financial institutions could save astronomical amounts of money by switching their systems over to blockchain-based rails.
The study, which was conducted by Ripple in collaboration with US Faster Payments Council, polled 300 leaders working in the payments industry across 45 countries.
The poll reveals that 97% of the respondents believe that blockchain technology and cryptocurrency will have a significant or very significant role in enabling faster payments within the next three years.
#blockchain #bullish #institutions #ripplexrp #cryptoonindia
The study, which was conducted by Ripple in collaboration with US Faster Payments Council, polled 300 leaders working in the payments industry across 45 countries.
The poll reveals that 97% of the respondents believe that blockchain technology and cryptocurrency will have a significant or very significant role in enabling faster payments within the next three years.
#blockchain #bullish #institutions #ripplexrp #cryptoonindia
▪️ Stellar, Ripple and Solana-Based Investment Funds See AUM Spike in July 2023 #stellar #ripplexrp #solana #crypto2023
Ripple Labs Gears Up for IPO: Implications for XRP and the Crypto Market
Ripple Labs, following a series of courtroom victories, is signaling its intention to embark on an Initial Public Offering (IPO), a move that could significantly influence the future of its cryptocurrency, XRP. Insights from cryptocurrency expert Lewis Jackson suggest that job postings by Ripple hint at the company's preparations to go public.
With a focus on recruiting personnel based in the US, Ripple's emphasis underscores their seriousness in gearing up to navigate US regulations. This strategic approach, coupled with the offering of key positions and a shareholder communications manager, underlines Ripple's readiness for an IPO and the vital importance of effective shareholder communication.
Brad Garlinghouse, Ripple's CEO, had previously conveyed the company's IPO plan within a 12-month timeframe, affirming their commitment to this goal. Despite rumors surrounding the potential IPO, attorney John Deaton believes that Ripple stands a chance of prevailing in its case against the US Securities and Exchange Commission (SEC). However, the definite impact on XRP investors is pending further developments.
The stage is set for Ripple Labs as it gears up for an IPO, with implications stretching across the crypto market. As the company aligns itself for public trading, the anticipation among XRP enthusiasts and investors remains high, waiting eagerly for the unfolding trajectory of this significant move.
#XRP #Ripple #ripplexrp
Ripple Labs, following a series of courtroom victories, is signaling its intention to embark on an Initial Public Offering (IPO), a move that could significantly influence the future of its cryptocurrency, XRP. Insights from cryptocurrency expert Lewis Jackson suggest that job postings by Ripple hint at the company's preparations to go public.
With a focus on recruiting personnel based in the US, Ripple's emphasis underscores their seriousness in gearing up to navigate US regulations. This strategic approach, coupled with the offering of key positions and a shareholder communications manager, underlines Ripple's readiness for an IPO and the vital importance of effective shareholder communication.
Brad Garlinghouse, Ripple's CEO, had previously conveyed the company's IPO plan within a 12-month timeframe, affirming their commitment to this goal. Despite rumors surrounding the potential IPO, attorney John Deaton believes that Ripple stands a chance of prevailing in its case against the US Securities and Exchange Commission (SEC). However, the definite impact on XRP investors is pending further developments.
The stage is set for Ripple Labs as it gears up for an IPO, with implications stretching across the crypto market. As the company aligns itself for public trading, the anticipation among XRP enthusiasts and investors remains high, waiting eagerly for the unfolding trajectory of this significant move.
#XRP #Ripple #ripplexrp
▪️Ripple has partnered with numerous financial institutions and payment providers around the world, aiming to enhance the speed and cost-effectiveness of cross-border payments. By utilizing XRP as a settlement asset, these institutions can facilitate real-time money transfers and reduce the reliance on traditional correspondent banking systems. #ripplexrp #XRP #xrp #crypto2023
Ripple's Chief Legal Officer Optimistic About Strengthened Position in Face of SEC Appeal
Stuart Alderoty, Ripple Lab's Chief Legal Officer (CLO), firmly believes that if the Securities and Exchange Commission (SEC) were to appeal, it could actually strengthen Ripple's position and bring them even closer to a decisive victory against the regulatory body. Alderoty's confidence in this outcome is based on the positive result Ripple obtained in their recent legal confrontation with the SEC.
$XRP
#Binance #XRP #ripplexrp
Stuart Alderoty, Ripple Lab's Chief Legal Officer (CLO), firmly believes that if the Securities and Exchange Commission (SEC) were to appeal, it could actually strengthen Ripple's position and bring them even closer to a decisive victory against the regulatory body. Alderoty's confidence in this outcome is based on the positive result Ripple obtained in their recent legal confrontation with the SEC.
$XRP
#Binance #XRP #ripplexrp
CDC Report Highlights Ripple Case judgement’s Importance
CryptosHeadlines.com - The Leading Crypto Research Network:
On August 1, the CDC released a comprehensive report analyzing the impact of the SEC’s lawsuit against Ripple. The report highlights the ruling’s significance for the future of the crypto industry.
According to the CDC’s evaluation, Judge Analisa Torres’s decision establishes an essential precedent in the realm of digital currency. It distinguishes between investment contracts and the underlying assets, representing a groundbreaking development in crypto regulation.
In the report, Judge Torres’s categorization of Ripple’s XRP token distributions into three classes—institutional sales, programmatic sales, and other distributions—is scrutinized.
She meticulously applied the ‘Howey Test’ to determine whether these distributions could be considered an offer and sale of investment contracts.
CDC Celebrates Ripple Court Ruling and Advocates for Crypto Regulation
The Chamber of Digital Commerce (CDC), led by Perianne Boring, the founder, and CEO, expressed satisfaction with the court ruling in favor of Ripple. They had supported Ripple through an amicus brief, and the ruling aligned with their stance, marking a victory for their advocacy efforts.
Boring highlighted the ruling’s importance, as it sets significant precedents for future legal cases in the crypto industry. The CDC firmly believes in the need for a fair and level playing field in the digital asset sector and is committed to advocating policies that support U.S. leadership in the digital economy.
While Judge Torres’ ruling was a positive step towards sensible crypto regulations, the CDC stresses that clear and definitive regulatory guidelines can only be achieved through effective legislation by Congress. They are actively working towards achieving this goal to create a well-defined regulatory landscape for the crypto industry.
CDC Advocates for Comprehensive Legal Framework for Digital Assets
The Chamber of Digital Commerce (CDC) acknowledges the introduction of several blockchain and digital asset regulatory bills in both the House and Senate. However, they express concerns about the possibility of these bills becoming law, mainly due to constraints posed by the legislative calendar.
Despite the challenges, the CDC remains committed to advocating for a comprehensive legal framework for digital assets. They aim to create an environment conducive to digital asset product launches. In February, the CDC accused the United States Securities and Exchange Commission (SEC) of exceeding its authority and unfairly labeling crypto assets as securities during an insider trading case involving ex-Coinbase employees.
The CDC continues its efforts to address these issues and ensure fair and appropriate regulations for the digital asset industry.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#NFT #Web3 #Blockchain #ripplexrp #Ripple
On August 1, the CDC released a comprehensive report analyzing the impact of the SEC’s lawsuit against Ripple. The report highlights the ruling’s significance for the future of the crypto industry.
According to the CDC’s evaluation, Judge Analisa Torres’s decision establishes an essential precedent in the realm of digital currency. It distinguishes between investment contracts and the underlying assets, representing a groundbreaking development in crypto regulation.
In the report, Judge Torres’s categorization of Ripple’s XRP token distributions into three classes—institutional sales, programmatic sales, and other distributions—is scrutinized.
She meticulously applied the ‘Howey Test’ to determine whether these distributions could be considered an offer and sale of investment contracts.
CDC Celebrates Ripple Court Ruling and Advocates for Crypto Regulation
The Chamber of Digital Commerce (CDC), led by Perianne Boring, the founder, and CEO, expressed satisfaction with the court ruling in favor of Ripple. They had supported Ripple through an amicus brief, and the ruling aligned with their stance, marking a victory for their advocacy efforts.
Boring highlighted the ruling’s importance, as it sets significant precedents for future legal cases in the crypto industry. The CDC firmly believes in the need for a fair and level playing field in the digital asset sector and is committed to advocating policies that support U.S. leadership in the digital economy.
While Judge Torres’ ruling was a positive step towards sensible crypto regulations, the CDC stresses that clear and definitive regulatory guidelines can only be achieved through effective legislation by Congress. They are actively working towards achieving this goal to create a well-defined regulatory landscape for the crypto industry.
CDC Advocates for Comprehensive Legal Framework for Digital Assets
The Chamber of Digital Commerce (CDC) acknowledges the introduction of several blockchain and digital asset regulatory bills in both the House and Senate. However, they express concerns about the possibility of these bills becoming law, mainly due to constraints posed by the legislative calendar.
Despite the challenges, the CDC remains committed to advocating for a comprehensive legal framework for digital assets. They aim to create an environment conducive to digital asset product launches. In February, the CDC accused the United States Securities and Exchange Commission (SEC) of exceeding its authority and unfairly labeling crypto assets as securities during an insider trading case involving ex-Coinbase employees.
The CDC continues its efforts to address these issues and ensure fair and appropriate regulations for the digital asset industry.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#NFT #Web3 #Blockchain #ripplexrp #Ripple
💰 Ripple runs CBDC pilot with Pacific island nation of Palau
Ripple partnered with the Republic of Palau on a U.S. dollar-backed stablecoin pilot.
The stablecoin will be minted on the XRP Ledger and will be distributed first to Palau government employees. "Partnering with Ripple to help create our national digital currency is part of our commitment to lead in financial innovation and technologies, which will provide the citizens of Palau with greater financial access," Palau President Surangel Whipps Jr said, according to a press release. Palau's pilot project involves an initial distribution of the U.S. Dollar-backed Palau Stablecoin (PSC) to government employees.
The PSC has been nicknamed 'Kluk' and will be deployed on the XRP Ledger (XRPL), using Ripple's Central Bank Digital Currency (CBDC) Platform. "The Republic of Palau Stablecoin (PSC) aka 'Kluk' is a prototype digitization of the US Dollar under development in partnership with Ripple, using the XRPL blockchain. If successful, the PSC limited and controlled pilot could revolutionize the way goods and services are paid for in Palau," Palau ministry of finance Jay Hunter Anson said on Tuesday.
Ripple Labs and the Republic of Palau are scheduled to issue a joint press release about the pilot on Thursday, 9:00 a.m. Palau Time (PWT).
#ripplexrp #XRP #cbdcs #RippleNews
The stablecoin will be minted on the XRP Ledger and will be distributed first to Palau government employees. "Partnering with Ripple to help create our national digital currency is part of our commitment to lead in financial innovation and technologies, which will provide the citizens of Palau with greater financial access," Palau President Surangel Whipps Jr said, according to a press release. Palau's pilot project involves an initial distribution of the U.S. Dollar-backed Palau Stablecoin (PSC) to government employees.
The PSC has been nicknamed 'Kluk' and will be deployed on the XRP Ledger (XRPL), using Ripple's Central Bank Digital Currency (CBDC) Platform. "The Republic of Palau Stablecoin (PSC) aka 'Kluk' is a prototype digitization of the US Dollar under development in partnership with Ripple, using the XRPL blockchain. If successful, the PSC limited and controlled pilot could revolutionize the way goods and services are paid for in Palau," Palau ministry of finance Jay Hunter Anson said on Tuesday.
Ripple Labs and the Republic of Palau are scheduled to issue a joint press release about the pilot on Thursday, 9:00 a.m. Palau Time (PWT).
#ripplexrp #XRP #cbdcs #RippleNews
In the wake of a significant legal victory against the SEC, Ripple, the renowned crypto payments giant, has set its sights on securing coveted spots on the U.K.'s crypto company register.
The firm's European Managing Director, Sendi Young, revealed to DL News that they have recently submitted applications for crypto asset firm registration with the U.K.'s Financial Conduct Authority (FCA), along with a payment institution license in Ireland.
Despite this major legal triumph in its homeland, Ripple remains steadfast in its expansion plans for the U.K. and European markets.
#ripplexrp #cryptolisense #unitedkindom #ireland #cryptoonindia
The firm's European Managing Director, Sendi Young, revealed to DL News that they have recently submitted applications for crypto asset firm registration with the U.K.'s Financial Conduct Authority (FCA), along with a payment institution license in Ireland.
Despite this major legal triumph in its homeland, Ripple remains steadfast in its expansion plans for the U.K. and European markets.
#ripplexrp #cryptolisense #unitedkindom #ireland #cryptoonindia
✖️ Ripple shill own platform for cbdc and stablecoins
What is your max for $XRP in next bull run? #XRP #ripplexrp
What is your max for $XRP in next bull run? #XRP #ripplexrp
📊 Which cryptocurrency do you believe has the most potential for future growth? 💹🚀
🔹 #bitcoin (BTC)
🔹 #ethereum (ETH)
🔹 #ripplexrp (XRP)
🔹 #cardano (ADA)
🔹 #BNB (BNB)
Cast your vote and let us know your thoughts in the comments!
🔹 #bitcoin (BTC)
🔹 #ethereum (ETH)
🔹 #ripplexrp (XRP)
🔹 #cardano (ADA)
🔹 #BNB (BNB)
Cast your vote and let us know your thoughts in the comments!
Ripple v. SEC Case: 3 August 2023 Update
CryptosHeadlines.com - The Leading Crypto Research Network:
Blockchain company Ripple has achieved a significant, albeit partial, victory in its lengthy legal battle against the United States Securities and Exchange Commission (SEC).
However, the company’s challenges are not yet resolved, as the federal judge overseeing the case against Terraform Labs has rejected the previously set precedent.
Ripple CEO Criticizes SEC’s Use of XRP Reports in Lawsuit
District Judge Jed Rakoff of the Southern District of New York (SDNY) has raised doubts about Judge Analisa Torres’ ruling that deemed some XRP sales as non-security offers. Ripple’s CEO, Brad Garlinghouse, has now attacked the SEC’s utilization of XRP reports in the ongoing lawsuit.
Following the release of the XRP Markets Report for the second quarter of 2023, which included details about Ripple’s XRP holdings, Garlinghouse stated that his team had voluntarily published these reports. However, he expressed frustration as the SEC used the same reports against Ripple in the legal proceedings. Garlinghouse voiced his concerns on August 2.
Ripple’s Transparency Questioned in SEC Lawsuit
Legal expert and amicus curiae on the case, John E. Deaton, supported Garlinghouse’s claim, stating that the SEC utilized the transparency of the reports against Ripple and its two executives, Brad Garlinghouse and Chris Larsen.
According to legal expert John E. Deaton, Ripple’s decision to share information through reports, despite not being obligated as a private company, has played a crucial role in their defense against the SEC.
Deaton pointed out that the transparency prevented the SEC from accusing Ripple of fraudulent activities, misrepresentation, or manipulation, which they might have done if Ripple had been less open.
Meanwhile, the XRP token, at the center of the case, was trading at $0.66, marking a 4.35% drop for the day and a 7.38% decline for the week.
However, it had still gained 36.82% in the previous month. Some indicators suggest that a favorable outcome for Ripple in the lawsuit could potentially drive the XRP token’s price towards $10.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#NFT #Web3 #Blockchain #Ripple #ripplexrp $XRP
Blockchain company Ripple has achieved a significant, albeit partial, victory in its lengthy legal battle against the United States Securities and Exchange Commission (SEC).
However, the company’s challenges are not yet resolved, as the federal judge overseeing the case against Terraform Labs has rejected the previously set precedent.
Ripple CEO Criticizes SEC’s Use of XRP Reports in Lawsuit
District Judge Jed Rakoff of the Southern District of New York (SDNY) has raised doubts about Judge Analisa Torres’ ruling that deemed some XRP sales as non-security offers. Ripple’s CEO, Brad Garlinghouse, has now attacked the SEC’s utilization of XRP reports in the ongoing lawsuit.
Following the release of the XRP Markets Report for the second quarter of 2023, which included details about Ripple’s XRP holdings, Garlinghouse stated that his team had voluntarily published these reports. However, he expressed frustration as the SEC used the same reports against Ripple in the legal proceedings. Garlinghouse voiced his concerns on August 2.
Ripple’s Transparency Questioned in SEC Lawsuit
Legal expert and amicus curiae on the case, John E. Deaton, supported Garlinghouse’s claim, stating that the SEC utilized the transparency of the reports against Ripple and its two executives, Brad Garlinghouse and Chris Larsen.
According to legal expert John E. Deaton, Ripple’s decision to share information through reports, despite not being obligated as a private company, has played a crucial role in their defense against the SEC.
Deaton pointed out that the transparency prevented the SEC from accusing Ripple of fraudulent activities, misrepresentation, or manipulation, which they might have done if Ripple had been less open.
Meanwhile, the XRP token, at the center of the case, was trading at $0.66, marking a 4.35% drop for the day and a 7.38% decline for the week.
However, it had still gained 36.82% in the previous month. Some indicators suggest that a favorable outcome for Ripple in the lawsuit could potentially drive the XRP token’s price towards $10.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#NFT #Web3 #Blockchain #Ripple #ripplexrp $XRP
