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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.
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.
Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities
The body will act as a bridge between the private sector and the government in supervising the industry.
Ripple's Brad Garlinghouse Foresees XRP, Solana, Cardano ETFs: Consensus 2024
It's only a matter of time, the CEO of Ripple said on stage at Consensus 2024 in Austin.
SOL, XRP Could Be Possible Candidates for ETFs, Standard Chartered Says
Standard Chartered analyst Geoffrey Kendric said that those exchange-traded funds could be on the horizon in 2025.
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment
The court had found Ripple violated federal securities laws by making institutional sales of XRP but dismissed other allegations brought by the SEC.
What Does Ripple’s Stablecoin Mean for XRP?
XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?
Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents," according to the company.
What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)
The reported move, if confirmed, could have serious ramifications for the blockchain’s developers. But success for the troubled regulator is far from certain and unanswered questions abound.
Asset Manager Jupiter’s Crypto Investment Scrapped by Compliance Team: FT
The firm's Gold & Silver fund made a $2.58 million investment in an XRP ETP in the first half of 2023, which was later cancelled.
Ripple to Buy New York Crypto Trust Company to Expand U.S. Options
Standard Custody & Trust Co., which has a New York charter, will be the latest acquisition to grow Ripple's regulatory qualifications.
