Catenaa, Thursday, January 30, 2025 – Better Markets, a non-profit advocacy firm, has filed an amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its appeal against Ripple Labs. The brief urges the Second Circuit Court of Appeals to overturn a 2023 ruling that exempted Ripple’s XRP sales to retail investors from securities […]
Catenaa, Saturday, April 12, 2025-Ripple has announced the acquisition of prime brokerage firm Hidden Road for $1.25 billion, marking a significant step in its strategy to bridge traditional finance with decentralized finance. This deal makes Ripple the first cryptocurrency company to own and operate a global, multi-asset prime broker. Hidden Road, which clears over $3 […]
Catenaa, Monday, March 24, 2025-Ripple CEO Brad Garlinghouse has announced on X that the US Securities and Exchange Commission (SEC) was dropping its appeal in the long-running lawsuit against the company. However, the SEC has not officially annouced the decision. “I’m finally able to announce that this case has ended. It’s over,” Garlinghouse said in a […]
Ripple, Binance stress that the affected wallets belonged to Chris Larsen’s private accounts and have nothing to do with Ripple San Francisco, February 7, 2024 – The value of XRP, the cryptocurrency associated with payments company Ripple, experienced a notable decline following news that co-founder Chris Larsen’s private crypto wallets were breached on Tuesday, January […]
Catenaa, Wednesday, March 26, 2025-Ripple has opted not to cross-appeal its ongoing legal battle with the Securities and Exchange Commission (SEC), signaling a potential resolution to the case, Chief Legal Officer Stuart Alderoty said Wednesday. In a post on X, Alderoty described the update as possibly his last on the case but noted that the […]
Catenaa, Friday, March 14, 2025 – Ripple Labs has announced its involvement in the creation of the National Cryptocurrency Association (NCA), a nonprofit aimed at educating Americans on how cryptocurrency empowers individuals and businesses. The organization, which Ripple is funding with a $50 million grant, will focus on spreading awareness about the adoption of crypto. […]
Catenaa, Tuesday, December 17, 2024 – Ripple launches its much-anticipated RLUSD stablecoin today, marking a new entry into the competitive dollar-pegged stablecoin market. Ripple confirmed RLUSD will be fully backed by US dollar deposits, government bonds, and cash equivalents. To ensure transparency, an independent auditing firm will produce monthly attestations of RLUSD’s reserve assets. “Early […]
Catenaa, Wednesday, November 27, 2024- Ripple announced the launch of a tokenized money market fund on the XRP Ledger on Monday, marking a significant milestone in the integration of blockchain with traditional financial products. The initiative, developed in partnership with Archax, the UK’s first Financial Conduct Authority-regulated digital asset exchange, brings tokenized access to abrdn’s […]
TBILISI, Georgia, Monday, June 17, 2024 – Financial technology firm Ripple met with representatives of the National Bank of Georgia (NBG) on June 8 to explore avenues for digitizing the country’s economy, according to a LinkedIn post from the NBG. The meeting involved NBG Acting Governor Natia Turnava and Varlam Ebanoidze, head of the bank’s […]
Catenaa, Saturday, March 29, 2025-Ripple has partnered with Chipper Cash, an African fintech firm, to enhance cross-border payments into Africa using blockchain technology. The collaboration aims to reduce transaction costs and improve financial accessibility. Chipper Cash, which operates in nine African nations, will integrate Ripple Payments to facilitate faster, round-the-clock global remittances. Ripple’s move comes […]
Catenaa, Sunday, April 13, 2025- A new report from Ripple and Boston Consulting Group (BCG) forecasts that tokenized real-world assets will surge from $0.6 trillion in 2024 to $18.9 trillion by 2033. The dramatic rise, representing a compound annual growth rate of 53%, signals a major transformation in global finance. As financial assets evolve into […]
Catenaa, Thursday, December 12, 2024 – Ripple’s RLUSD stablecoin has received final approval from the New York State Department of Financial Services (NYDFS). Ripple CEO Brad Garlinghouse confirmed the development on Tuesday, stating on social media, “Exchange and partner listings will be live soon,” he said. The regulatory nod sets the stage for RLUSD to […]
Catenaa, Sunday, January 19, 2025 –The US Securities and Exchange Commission has formally appealed a 2023 district court ruling that partially favored Ripple Labs, focusing on whether XRP sales to retail investors qualify as unregistered securities transactions. The SEC argues that Ripple’s promotional efforts created profit expectations, meeting the “investment contract” definition under the Howey […]
New York, NY Monday, February 26, 2024 – Popular XRP community member Ashley Prosper addressed misconceptions surrounding the ongoing lawsuit between the SEC and Ripple in a recent statement. Prosper clarified that the public will not see Ripple’s financial records until March 13, when the SEC files its remedies brief, despite the February 20 deadline […]
SAN FRANCISCO, Monday, May 6, 2024 – The legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs Inc. has intensified after the SEC filed an opposition brief countering Ripple’s attempt to remove key evidence from the case. Ripple had filed a Motion to Strike, requesting the court disregard testimony from SEC […]