The ultimate responsibility is now on SBF’s political contributions, despite predictions from experts that he would likely face prison time for misusing crypto cash. Sam Bankman-Fried’s contributions to the U.S. Midterm Election 2022 made news in the first week of November, just days before the FTX collapsed. SBF was reportedly
Ripple’s APAC (Asia Pacific) policy director said that the collapse of FTX is exactly why crypto needs to move away from the hype cycle and towards real utility. He also described that the FTX fall is incredible damage for the crypto space, but it says that the industry should stand
The crypto scenario has turned upside in a year’s gap. Last autumn was 180 degrees opposite of this year’s autumn in the crypto world. Many of the cryptocurrencies attained their All Time High (ATH) during the month of November 2021. But now the same coins have slipped 50% below. CoinGecko
According to reports, Ripple CEO Brad Garlinghouse is looking into buying assets from defunct cryptocurrency exchange FTX. The conversation, according to Ripple’s CEO, focused on whether or not there were any firms held by FTX that Ripple “would want to own.” Garlinghouse told The Sunday Times on the sidelines of
The financial services company has been a major adopter of Ripple’s XRP for cross-border payments in the Asia Pacific region LONDON–(BUSINESS WIRE)–LuLu Financial Holdings – an Abu Dhabi based holding company with several investments in financial services in the APAC region, has been adjudged winner in the Network Accelerator category
Recently, it was announced that XRP token issuer Ripple Labs is applying for permission from Irish regulators to join the European market. Ripple has plans to apply for an electronic money license once it secures a virtual asset service provider (VASP) license. According to Ripple’s announcement, the company has already
Ripple has teamed with MFS Africa, a leading fintech company with the largest mobile money reach in Africa, to streamline real-time mobile payments for its consumers across 35 nations. To facilitate transactions on its platform, MFS Africa will leverage Ripple’s on-demand liquidity product ODL, which uses XRP to support international
Ripple, a blockchain payments firm, was sued by the SEC in December 2020. The lawsuit has been ongoing for over two years now. Ripple has gained support from a wide range of firms. A significant side issue in the continuing lawsuit between Ripple and the U.S. Securities and Exchange Commission
Collectibles Marketplace Panini America Will Be Among the First Merchants to Support Its Customers with the New MATIC Payment Option ATLANTA–(BUSINESS WIRE)–BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, has announced support for Polygon and MATIC. Consumers can buy, store, swap and spend MATIC within the BitPay
Both consultation papers seek to reduce consumer trading risks. The second consultation paper offers suggestions for Singapore’s stablecoin regulatory framework. The Monetary Authority of Singapore (MAS) is putting forth proposals to more effectively control cryptocurrencies. Two consultation papers on ideas for regulating the activities of stablecoin issuers and digital payment
