Search results: XRP

US Securities and Exchange Commission staffers say their appointed leaders’ views do not reflect the agency’s stance on Ripple and XRP.

San Francisco-based Ripple Labs has asked a court to take into consideration recent comments by Securities and Exchange Commission members Hester Peirce and Elad Roisman on a lack of regulatory clarity over crypto in an effort to block the agency’s attempt to throw out Ripple’s fair notice defense, according to a new legal filing. Fast […]

The cryptocurrency market remains quiet, with net inflows of just US$2.9 million last week, according to digital asset investment firm CoinShares’ weekly digital asset fund flows report. Fast facts “The summer doldrums are here, but in line with seasonal expectations,” wrote James Butterfill, a CoinShares’ investment strategist. Bitcoin investment products saw net outflows of US$10.4 […]

The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have agreed to reschedule the deposition of William Hinman, the former head of the SEC’s Division of Corporation Finance, to July 27. Fast facts Last week, U.S. Magistrate Judge Sarah Netburn ruled to authorize Hinman’s deposition to proceed, with a delay to allow the SEC […]

Ripple scores major discovery win as judge rules ex-SEC official William Hinman must answer ‘central question’ on Ethereum in the globally-watched case about XRP.

Singapore-based crypto derivatives exchange Bybit today announced the launch of a new cryptocurrency spot trading platform. Fast facts The spot trading platform offered BTC/USDT, ETH/USDT, XRP/USDT and EOS/USDT trading pairs at its launch, and more will be introduced. Traders will be able to buy and sell crypto coins at current market prices once orders are […]

Despite opposition from the U.S. Securities and Exchange Commission, Ripple is pushing ahead with plans to question former SEC director William Hinman, the former head of the regulator’s Division of Corporation Finance, telling the judge overseeing discovery in the SEC v. Ripple Labs lawsuit that Hinman’s deposition has been rescheduled to July 19, according to a […]

Is William Hinman a former ‘high-ranking’ SEC official exempt from disclosing his prior communications on XRP, or must he provide testimony to Ripple?

Mintable, a Singapore-based non-fungible token platform, this week closed a US$13 million series-A funding round, with U.S. payments technology company Ripple Labs investing. Fast facts Mintable, currently built on the Ethereum and Zilliqa blockchains, enables users to create, buy and sell NFTs using fiat or cryptocurrency. Mintable intends to use the fresh capital to scale […]

Ripple says William Hinman holds important insights into SEC’s stance on Bitcoin, Ether and XRP. How is Hinman’s 2018 speech on crypto relevant to the lawsuit?

SEC does not want its former head of Corporation Finance to testify or answer question about XRP. Who is William Hinman — and what might he tell Ripple?

A judge has granted Ripple’s request to force the U.S. Securities and Exchange Commission to reveal its non-public policies regarding whether agency employees may buy and sell XRP and other cryptocurrencies, according to a screenshot of a new legal filing shared by the lawyer representing XRP holders. Fast facts: Earlier this month, Ripple sought the […]

A judge has denied the U.S. Securities and Exchange Commission’s request for documents related to Ripple’s XRP transactions and lobbying efforts that took place after the SEC filed its lawsuit last December, according to a new legal filing. Fast facts: “As discussed in the Court’s earlier Opinion and Order denying access to Ripple’s privileged communications, […]

A judge overseeing discovery in the U.S. Securities and Exchanges Commission’s lawsuit against Ripple Labs has granted the SEC’s request to extend deadlines by 60 days as well as a request by co-defendants Ripple CEO Brad Garlinghouse and executive chairman Chris Larsen to obtain information from 16 cryptocurrency exchanges outside the United States. Fast facts: […]

In a new court filing, Ripple describes the damage the SEC lawsuit has already done to XRP and the payment company’s now-frozen US business.

Ripple is inviting feedback from its developer community on a plan to introduce federated sidechains on the XRP Ledger.

Did Ripple have ‘fair notice’ that SEC might deem the XRP a security? Ripple calls report on SEC’s prior anti-crypto enforcement actions ‘misleading.’

XRP last week saw inflows of US$7 million into investment products, the most since April, according to CoinShares.

Ripple is also asking court to order SEC to reveal the agency’s internal employee policies on trading cryptocurrencies and other digital assets.

To defend themselves against SEC lawsuit, Ripple’s CEO and chairman ask court for help getting XRP info from a who’s who list of offshore crypto exchanges.

The U.S. Securities and Exchange Commission has failed in a bid to gain access to any legal communications Ripple Labs sought or received as to whether sales of XRP were subject to federal securities law.

SEC says Ripple had plenty of ‘notice’ that XRP transactions could be violating the law via its many enforcement actions against other crypto companies.

Ripple’s CEO Brad Garlinghouse says Ripple was hit hard financially after SEC filed its lawsuit, but the company is now expanding uses for XRP’s technology.

The U.S. SEC is seeking additional discovery from Ripple on its XRP transactions and documents related to its lobbying efforts.

In a win for the SEC, a judge knocks back Ripple’s request to stop the SEC from asking foreign regulators for info on Ripple and XRP transactions overseas.

XRP’s price has slumped almost 7% in the past 24 hours after a so-called whale transferred US$93 million of the cryptocurrency to an unknown wallet on May 18, according to blockchain analytics platform WhaleAlert.

In a new court filing, SEC tries to keep out 6 representatives of 17,100 XRP holders from joining as 3rd party defendants in the SEC’s lawsuit against Ripple.

Ripple rebuts SEC’s attempt to obtain Ripple’s confidential communications with lawyers over XRP’s legal status and seeks to bolster ‘fair notice’ defense.

In the latest volley in SEC v. Ripple Labs, the SEC contends that Ripple has waived its attorney-client privilege over legal advice on XRP’s status.

XRP sales by Ripple accounted for 0.07% of global XRP volume. Ripple says its sales were to support on-demand liquidity customers.

Ripple scores another in legal wrangling over SEC lawsuit as SEC now must disclose its confidential internal communications over XRP, Bitcoin and Ethereum.

In new court filings, the SEC says allowing XRP holders’ to join SEC v. Ripple lawsuit as third-party defendant would cause delays and ‘sow chaos.’

XRP is up 600% since the start of the year and its holding steady as Ripple released one billion XRP over the weekend.

Ripple asks court to stop SEC from using MOU requests to get info on XRP from overseas regulators and pushes for access to SEC’s internal communications.

SEC says info on Ripple and XRP transactions overseas is important to lawsuit. But of the nine foreign regulators the SEC asked, two refused to help.

In a new legal filing, the SEC asks court to dismiss Ripple’s ‘lack of due process and fair notice’ defense that the XRP token could be deemed a security.

XRP joins the growing list of cryptocurrencies now available as exchange traded products (ETP). What does this mean for crypto investors?

XRP investors and users ask to join SEC’s lawsuit against Ripple as third-party defendant. ‘Without our intervention, we are without a voice in the debate.’

Battlefield for SEC v. Ripple lawsuit goes global as defense lawyers seek to stop SEC from obtaining information on Ripple and XRP from foreign regulators.

Despite its legal troubles in the US, Ripple expands XRP’s uses in Southeast Asia’s lucrative and fast-growing international money transfer market.

Other top blockchain and crypto news: HSBC bans MicroStrategy over Bitcoin affair. Tokenized TSLA and Coinbase COIN now on several crypto exchanges.

Tailwind of legal wins propel XRP’s market cap past US$70 billion as Ripple CEO and chairman ask court to drop SEC’s charges against them.

Court ruling favoring Ripple executives and slapping down SEC catapults XRP — now the world’s 4th most popular crypto — to its highest prices in 3 years.

As Ripple and SEC intensify their legal battles, attorney John Deaton and his clients are trying to jump into the fray. Will XRP investors get their day in court?

XRP prices soar after Ripple and the SEC agree to partially redact some of Ripple’s email exchanges — but not the CEO’s financial information

In a new ruling, the judge presiding over SEC v. Ripple Labs opens the door to allowing XRP holders to intervene as a third party in the government’s lawsuit.

SEC tells court that allowing XRP holders to join as third parties would create an ‘avalanche’ of claims and ‘undue delay, complexity and confusion.’

As XRP holders step closer to intervening in SEC’s lawsuit against Ripple, the payment platform gears up to grow its CBDC business with a new white paper.

XRP holders’ motion to join as third-party defendant was denied without prejudice as Ripple tries to bolster its ‘fair notice’ defense against SEC.

In new legal filings, XRP holders blame SEC for causing ‘multi-billions in losses’ and say they intend to file a class-action lawsuit against the agency.

Intensifying its legal warfare against XRP, SEC takes aims at the heart of Ripple’s defense. But Ripple scores wins in Tetragon and YouTube lawsuits.

Other top blockchain and cryptocurrency news: Ethereum takes up with Amazon, plans gas fee changes. China likely to increase blockchain spending.

In its latest court filing, Ripple also says SEC led market to believe that XRP was not an investment contract. Outside court, Ripple pursues the CBDC business.

Other top blockchain and crypto news: Bill Gates on bitcoin. Nvidia protects gamers from crypto miners with separate CMP and GeForce RTX graphics cards.

Ripple and SEC face off in a pretrial conference as MoneyGram, the world’s second largest money transfer provider, suspends trading on Ripple’s platform.

Ripple co-founder Jed McCaleb has resumed selling his XRP holdings, dumping 130 million tokens over the last week, according to data from XRPscan.

Other top blockchain and crypto news: ETH hits new high with CME Ethereum futures. DeFi yawns at YFI attack. China steps up DCEP digital yuan tests.

In its response to SEC’s lawsuit, Ripple denies that XRP is a security, points out the clash with FinCEN and questions why SEC is not going after Ethereum.

Small investors drove up Dogecoin’s price by 1,000% after the GameStop saga, but money quickly left—and then Ripple’s XRP and Stellar prices went up.

Other top blockchain and cryptocurrency news: WhatsApp refugees swarm Signal. Bakkt to go public via SPAC. China tests out new DCEP digital yuan e-card.

Other top blockchain and cryptocurrency news: China intensifies DCEP digital currency testing while Russia, Ukraine and Turkey join global CBDC race.

Ripple (XRPUSD) is bumping up against ascending triangle resistance (on the daily chart) and the psychologically key 0.5 whole figure level. A break above this multiple resistance zone in the next week or so will likely be quickly followed by a test of the psychologically key 0.75 level. XRPUSD is a prime candidate in the next few […]

Ripple (XRPJPY) is edging higher again as it appears to be readying to play catch up to Bitcoin (BTCUSD) which has outperformed XRPJPY in recent months.  XRPJPY will be less bogged down this week by the somewhat overbought conditions slowing BTCUSD’s torrid advance, and has stronger momentum heading into this week. With massive gains on Bitcoin […]

Ripple’s upcoming stablecoin targets enhanced market transparency and compliance.

The SEC seeks a $US2 billion penalty from Ripple Labs in a landmark case.

Ripple Labs’ tender offer aims to repurchase US$285 million shares, valuing the firm at US$11.3 billion and fortifying financial standing.

Indian crypto companies flock to Dubai, escaping high local taxes and finding solace in the emirate’s favorable regulatory environment.

The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.

Over 1,000 crypto firms will have to complete their applications by Nov. 17 to avoid regulatory consequences.

Bitcoin was trading above US$34,000, as the decreasing job creation in the U.S. fueled hopes of another interest rate pause.

The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.

SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.