Investors have turned their keen eyes to the XRP price, which is currently exhibiting bearish signs. Ripple has faced a challenging year, with regulatory turmoil impacting its price performance. In the first quarter, XRP started with a sluggish price rate of $0.3399 and experienced heavy market volatility, reaching a low
SEC Vs Crypto Industry It is a one more turbulent year for the cryptocurrency industry after the U.S Securities and Exchange Commission (SEC) sued crypto titans such as Binance and Coinbase. The SEC lawsuit related to securities violations, including the unregistered offers and sales of the respective tokens. These legal
Ripple, a prominent blockchain company, secures in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS), the central bank of Singapore. This approval comes at a time when the crypto industry is grappling with increasing regulatory scrutiny in its home country, the United States. Particularly
According to a recently released regulatory document, the Indonesian government has made changes to the Trade Controlling Agency Regulations Commodity Futures Number 11 of 2022. In a significant development, XRP and other listed tokens have been granted trading licenses in the country. With the recent amendment, the Indonesian government has
In an alarming revelation, a recent tweet from Derekareid, a zealous XRP enthusiast based in Scotland, warns of a deceitful phishing campaign. He disclosed screenshots of a dubious email he’d received, marking a striking uptick in scams preying on unwary crypto aficionados. @DigPerspectives can you circulate this fraudulent email claiming
As the crypto industry battles it out with regulatory bodies, Ripple has emerged as a stalwart. Astonishingly, the company’s CLO, Stuart Alderoty, declare the 2020 lawsuit from the Securities and Exchange Commission (SEC) as a blessing. Besides drawing attention to the broader issues in crypto-regulation, the lawsuit has strategically positioned
The Colombian Central Bank, Banco de la Republica, and the blockchain payments startup Ripple Labs Inc have signed a strategic cooperation agreement to research the potential applications of blockchain technology in the realm of Central Bank Digital Currency (CBDC). Peersyst Technology, a specialist blockchain technology startup, and the Ministry of
XRP investors are greatly disappointed as the asset’s price failed to sustain the bullish rally after the release of the Hinman docs. Over the last 24 hours, XRP fell more than 6% to trade within the bearish range of $0.47. On Tuesday, XRP jumped over 7% and marked its 1-month-high
Uniswap (UNI) may have been an early player in the Decentralized Finance (DeFi) ecosystem. But Ripple’s vocal CTO David Schwartz recently pointed out that this doesn’t make it a decentralized business. There has been backlash over the Ripple CTO’s comments that Uniswap is not a decentralized platform. This debate concerning
Ripple CEO Brad Garlinghouse states in a new tweet that the much-awaited “Hinman documents” were “well worth the wait,” hinting at their possible relevance in the current legal struggle between Ripple and the US Securities and Exchange Commission (SEC). Wish I could go in depth now, but we've waited this
