Articles filed under

XRP

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August 2022

Confusion from US regulators; Markets hit by ‘vibe-flation’

The FDIC tries to deter banks from doing business with crypto firms. Meanwhile. Genesis CEO steps down amidst reshuffle.

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SEC seeks to file up to 90-page long reply to motion in XRP lawsuit

Markets: Bitcoin, Ether little changed; DOGE, XRP climb in Asia afternoon trade

SEC files brief on Hinman speech as XRP lawsuit drags on

Judge grants Ripple’s request to review videos of SEC officials

XRP trades down 3.5% after Ripple unlocks 1 billion tokens from escrow

August 2022

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XRP trades down 3.5% after Ripple unlocks 1 billion tokens from escrow

CrossTower in pact with Ripple to offer NFTs on XRP Ledger

July 2022

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CrossTower in pact with Ripple to offer NFTs on XRP Ledger

July 2022

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CrossTower in pact with Ripple to offer NFTs on XRP Ledger

Ripple responds to SEC motion to strike its fair notice defense

January 2022

Ripple to launch ‘game-changer’ liquidity hub amid XRP legal battles with SEC

Trying to move beyond XRP, Ripple hopes its customers will join RippleNet with a wallet that supports fiat and other cryptos like Bitcoin and Ether.

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Ripple responds to SEC motion to strike its fair notice defense

Wrapped XRP coming to Ethereum in December

November 2021

SEC calls Ripple’s 30,000 legal requests in XRP lawsuit ‘abusive’ and ‘crushing’

But Ripple says its 5,000 pages of requests for admission to SEC are reasonable and could cut down on trial time.

Judge makes XRP holders ‘friends of court’ in SEC’s lawsuit against Ripple

A US court has denied XRP holders’ bid to join the SEC v. Ripple lawsuit as third-party defendants, but XRP advocates say being ‘amici curiae’ is still a win.

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Wrapped XRP coming to Ethereum in December

November 2021

Bhutan to adopt Ripple’s XRP technology for CBDC pilot

Ripple’s win in Bhutan comes as it suffers a setback in a US court as judge rebuffs Ripple’s request for SEC’s internal trading decisions over XRP.

SEC pushes back on Ripple’s legal questions over XRP

Ripple wants to know how SEC regards Bitcoin, Ether and XRP, but SEC says Ripple is repeating the same questions as ‘they do not like the answers they received.’

SEC wins access to Ripple’s Slack message for XRP lawsuit

Overruling Ripple’s objections over cost, a judge gives the SEC a green light to review more XRP-related Slack communications.

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Wrapped XRP coming to Ethereum in December

November 2021

Ripple: SEC ex-chief Hinman’s views on XRP are ‘dubious’

Ripple also challenges SEC’s use of ‘deliberative process privilege’ to prevent agency documents on Bitcoin, Ethereum and XRP from disclosure.

Ripple decries SEC’s demand for employee Slack messages on XRP

Ripple claims the SEC’s request for 1 million more of the company’s internal messages is costly and unlikely to resolve disputes at the heart of the litigation.

SEC seeks 1 million Slack messages from Ripple for XRP litigation

The US Securities and Exchange Commission wants to review ‘terabytes’ of Ripple’s Slack chats for evidence of XRP-related wrongdoing. How much is too much?

Ripple expands XRP into NFTs amid escalating legal battles

As court grants CEO request to obtain info from Binance to bolster defense in SEC lawsuit, Ripple seeks to expand use cases for XRP Ledger.

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Wrapped XRP coming to Ethereum in December

XRP price rises as GME joins RippleNet to expand remittances between S. Korea and Thailand

August 2021

SEC: Commissioners’ statement not relevant to Ripple’s XRP lawsuit defense

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

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XRP price rises as GME joins RippleNet to expand remittances between S. Korea and Thailand

August 2021

SEC seeks to stop Ripple from calling ex-SEC director for XRP testimony

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?

Ripple execs seek info to defend XRP trades from 16 foreign crypto exchanges

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.

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XRP price rises as GME joins RippleNet to expand remittances between S. Korea and Thailand

Court grants Ripple access to SEC’s internal trading policies on XRP

Court denies SEC request for info on Ripple’s recent XRP transactions

Ethereum sees record institutional outflows of US$12.7M

Court gives Ripple execs go-ahead to obtain XRP info from 16 foreign exchanges

Ripple: Delaying SEC lawsuit would pose ‘existential threat’ to XRP

Ripple proposes federated sidechains for XRP Ledger smart contracts

XRP sees robust institutional inflows; Ethereum ‘altcoin of choice,’ report says

Ethereum investment products hit market-share high of 27%, report says

June 2021

Are 73 SEC actions against crypto enough warning to Ripple about XRP?

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

Judge denies Ripple’s bid to bar SEC from seeking foreign info on XRP

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.

SEC and XRP holders face off anew over SEC’s lawsuit against Ripple

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 seeks to protect legal advice on XRP from disclosure to SEC

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.

SEC demands Ripple reveal legal advice Ripple received on XRP

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.

Ripple’s XRP sales increased over 90% in 1Q 2021

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

Court orders SEC to give Ripple internal documents on XRP, Bitcoin, Ether

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

“Everyone has been bitten by the Chia bug”; Indian banks puzzle crypto | The Daily Forkast

The Chia craze keeps on going while the Indian crypto industry speaks out against banks blocking crypto transactions.

SEC tries to block XRP holders from joining SEC v. Ripple lawsuit

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 prices steady after court hearing, Ripple releases $1.6 billion XRP

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

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Ethereum investment products hit market-share high of 27%, report says

Ripple partners with Oman’s Bank Dhofar for cross-border mobile payments

XRP whale moves coins worth US$93M to unknown wallet, price dips

May 2021

SEC sought info on Ripple and XRP from 20 foreign entities, including trading platforms

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.

South Korean cryptocurrency industry claps back; Bitcoin’s nosedive | The Daily Forkast

Crypto investors in South Korea stir petitions to unseat the nation’s financial watchdog chief for his anti-crypto remarks.

SEC seeks to knock out Ripple defense, says no duty to warn over XRP

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.

Europe’s CoinShares launches XRP exchange traded product

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

ASEAN+1 pledge to advance blockchain; Paypal to launch wallet in China | The Daily Forkast

Six blockchain groups in the Asia-Pacific form a consortium, aiming to champion blockchain advocacy in the region.

12,600 XRP holders demand their day in court in SEC v. Ripple lawsuit

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.’

Ripple accuses SEC of ‘intimidation tactic’ in seeking XRP info overseas

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.

Ripple partners with Novatti to use XRP for remittances in Asia Pacific

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

Binance Lists Coinbase Stock Token; Altcoins Reign Asian Crypto | The Daily Forkast

Bitcoin booms to new all-time highs but Asian retail investors are wooed by higher gains in altcoins while Binance tokenizes Coinbase.

Bitcoin skyrockets past US$64,000, hits another all-time high

Ahead of Coinbase’s Nasdaq listing, Bitcoin surged to new highs in Asian trading hours. Ether, ADA and DOGE also reached new ATHs as altcoins soared.

Ripple executives file to dismiss SEC lawsuit as XRP prices soar

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.

Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto As Bait | The Daily Forkast

XRP joins Wanchain’s DeFi ventures while Thai mobile bank explores the financial experiment. In Hong Kong, local police bust crypto scammers.

XRP price surges over 40% following another legal victory for Ripple

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.

Lawyer for 11,000 XRP holders pushing to fight SEC in Ripple lawsuit

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?

Ripple wins access to SEC’s internal documents on Bitcoin and Ether

In a ruling that can boost Ripple’s defense, judge says SEC must disclose discussions on whether XRP, Bitcoin and Ether are securities. Is a settlement now near?

SEC agrees to redact two documents in Ripple lawsuit as XRP prices surge

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

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XRP whale moves coins worth US$93M to unknown wallet, price dips

May 2021

Ripple plans major Southeast Asia expansion by buying 40% of Tranglo

Despite its legal battles in the US over the XRP token, Ripple continues its push in Asia to grow its cross-border payments and money-transfer business.

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XRP whale moves coins worth US$93M to unknown wallet, price dips