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XRP
XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.
SEC Doesn't Have the Power to Remake the Law, Only Congress Can Do That: Ripple General Counsel
Ripple General Counsel Stu Alderoty speaks to the hosts of "First Mover" about the latest in the SEC's ongoing case against Ripple Labs. Alderoty said the SEC is "seeking to remake the law, and they don't have the power to remake the law. Only Congress can remake the law."
Ripple’s General Counsel on the Latest Developments in Legal Saga With the SEC
Ripple General Counsel Stu Alderoty speaks to the hosts of “First Mover” about the latest in the SEC’s ongoing case against Ripple Labs. After two years of litigation, both sides have filed motions saying the federal judge has enough information to make a ruling without taking the case to trial.
XRP, Ether Lead Recovery in Crypto Majors as Markets Prepare for Outsized Fed Hike
The U.S. central bank is expected to again hike rates by 75 basis points on Wednesday.
SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs each want a federal judge to rule either that the crypto company affiliated with the XRP cryptocurrency violated federal securities laws or otherwise dismiss the lawsuit without requiring a lengthy trial. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws
The U.S. Securities and Exchange Commission and Ripple Labs both filed motions for summary judgment, arguing that a judge overseeing the case has enough information to make a ruling without moving the case forward to a trial.
Ripple Unveils Crypto On-Demand Liquidity Service in Brazil
The company is teaming up with the digital bank Travelex to introduce the product, which will initially allow transactions between Brazil and Mexico.
Confusion From US Regulators; Markets Hit by ‘Vibe-Flation’
U.S. regulators keeping crypto sector on its toes. Bitcoin, Ether decline; memecoins fall back, XRP holds gains. Genesis reshuffles leadership and cuts jobs. Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen.
BTC and ETH Drop More Than 30% Over the Past Year
Returns over the past year for 14 out of all CoinDesk top 20 assets, the top 20 digital assets based on verifiable dollar volume and exchange listings, illustrate a sea of red. ETH and BTC show more than 30% price declines.
XRP, Dogecoin Outperform as Crypto Markets Continue Slide
XRP’s rise came amid positive sentiment for the payments tokens as Ripple founder Brad Garlinghouse said his company’s ongoing defense against the SEC’s lawsuit was going “much better than expected.”
XRP Army Drives Bumper Sales in Ripple Stock Despite SEC Probe
Since launching two years ago, tech equity platform Linqto has sold $50 million in private shares of Ripple Labs.
