Travelex Bank will be the first in Latin America to use the Ripple payment service. There is no need for funds to be pre-funded in the target market. It was determined that RippleNet’s On-Demand Liquidity in Brazil would be best served by a relationship with Travelex Bank. Through this cooperation,
The Celsius network filed for bankruptcy last month. Withdrawals and transfers from user accounts have been suspended since June. A prospective acquirer of the assets of the Celsius network is Ripple Labs, the organization that created the XRP cryptocurrency. According to Reuter’s article, the blockchain payments startup is interested in
The XRP buyback program is intended to be sold to On-Demand Liquidity (ODL) firms. The use of Ripple’s ODL solution has increased significantly in the last quarter. When Ripple released its Q2 2022 financial report, it revealed that it has been purchasing XRP back from the secondary market. The XRP
Stuart Alderoty stated that SEC is pressurizing the crypto market regularly. There is an urgent need for responsible crypto legislation in Washington, as per Alderoty. Ripple’s General Counsel, Stuart Alderoty, recently criticized U.S Securities and Exchange Commission (SEC) for its viewpoint on cryptocurrency regulation. According to Alderoty, the SEC is
Judge Torres had ordered the SEC to provide Hinman’s speech draft from 2018. According to the defendants, the Hinman speech is the subject of all three orders. After the SEC’s latest appeal, it seems that the legal war between Ripple and the SEC has entered a critical point. In response
Ripple spent over $100 million on legal expenses. U.S. judge denied the SEC’s requests for attorney-client privilege. In a recent interview, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple (XRP), stated that the company’s involvement in the case against the Securities and Exchange Commission (SEC) financial expense, they will
76% of financial firms expected to use cryptocurrencies in the next three years. As per the financial organizations, crypto is an effective fence against inflation. The leading crypto solutions provider, Ripple has a recent forecast on crypto adoption among financial organizations. According to Ripple, in the next three years, about
CrossTower partnered with Ripple to add XRP Ledger NFTs. Marketplace allows the creators to onboard the NFT projects quickly. The crypto trading platform, CrossTower has recently announced a collaboration with the leading crypto solutions provider, Ripple. With the latest partnership, they aim to add NFT tokens minted on the XRP
Defense lawyer James Filan won the attorney-client privilege argument. SEC regulator only has two weeks to submit the appeal. The Securities and Exchange Commission (SEC) took a hit in its case against Ripple, a U.S. judge Sarah Netburn rejected the SEC’s claims for attorney-client privilege regarding internal files relating to
Ripple criticizes the SEC for their unprecedented request. The court ordered SEC to present its case for sealing by June 14. The Security Exchange Commision (SEC) is taken the extreme position that the identities of its experts and any significant commentary of their reports should remain secret request for an
