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Nalezeno "RIpple": 3821

SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case


The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the...

Ripple backing Terraform Labs against a penalty charged by SEC


Ripple is siding with Terraform Labs by taking a firm stand against the Securities and Exchange Commission levying a penalty charge against the company. In Ripple’s opinion, the court should discard the settlement issue.  Recently, the SEC asked the founder of Terraform, Do Kwon, to make a payment...

Ripple & Archax drive millions in assets to XRP Ledger


XRPLApex 2024, Amsterdam—A major development for growth and progress in the field of enterprise blockchain and cryptocurrency, Ripple has announced a partnership with Archax, which is the first digital asset exchange broker and the custodian to be regulated by the Financial Conduct Authority in...

Ripple Completes Acquisition of Standard Custody & Trust Company


Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio...

Ripple CEO unveils RLUSD stablecoin at XRP Ledger Apex Summit


At the XRP Ledger Apex event, Brad Garlinghouse, the CEO of Ripple, revealed the name of the much-discussed stablecoin. The future digital currency, RLUSD, will introduce a revolutionary change in the Ripple network by providing a safe and stable way of executing trades. This exciting announcement...

Ripple Adds Ethereum Virtual Machine Compatibility to XRP Ledger


The XRP Ledger (XRPL) will now be compatible with the Ethereum Virtual Machine (EVM) thanks to the launch of the XRPL EVM Sidechain by the Ripple team. This new product will enable EVM compatibility and unlock opportunities for decentralized finance (DeFi) and real-world asset tokenization (RWA)...

Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit


In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like...

Ripple buys Standard Custody, names Jack McDonald SVP of stablecoins


Ripple has performed exceptionally well in achieving yet another feat, as the company successfully struck a deal to acquire Standard Custody & Trust Company, a virtual asset custodian. The regulatory authorities’ approval of this important acquisition will complement Ripple’s...

Ripple launches XRP Ledger Innovation Fund in Japan and Korea


Ripple, the pioneer in enterprise blockchain and crypto solutions, has come up with a new product: the XRPL Japan and Korea Fund. It will extend support to a wide variety of endeavors to promote technological novelty on the XRP ledger in Japan and Korea. The XRPL Japan and Korea Fund will join...

Ripple grows influence with Georgian National Bank partnership


Despite being in a lawsuit against the SEC for years, Ripple is still generating a buzz in the market. The venture recently entered into a partnership with the NBG (National Bank of Georgia). That is not all, as a recent report shows 80% of Japanese banks are partnering with Ripple. Most of these...

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