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Ripple News

Ripple-SEC Lawsuit Update: Analyst Predicts Trial Delay, Highlights Regulatory Implications for XRP
Ripple News

Ripple-SEC Lawsuit Update: Analyst Predicts Trial Delay, Highlights Regulatory Implications for XRP

The protracted legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to captivate the cryptocurrency world, with a recent update shedding light on the timeline and potential regulatory implications for XRP. While Ripple has secured several victories against the SEC, the lawsuit's impact on XRP, especially during the 2021 bull run, remains a critical concern for the crypto community. Read Also: Could Ripple's Bold Move of Burning Escrowed XRP Funds Ignite a Surge in XRP's Price? The lawsuit, initiated by the SEC in 2020, alleged that Ripple's sale of XRP constituted an unregistered securities offering, creating regulatory uncertainties for the broader digital asset space. As of 2023, Ripple stands at a 3-0 advantage against the SEC, with most comp...
Ripple Celebrates 1 Year Anniversary with Over 500 Companies Leveraging XRP for Cross-Border Settlements
Ripple News

Ripple Celebrates 1 Year Anniversary with Over 500 Companies Leveraging XRP for Cross-Border Settlements

Ripple, a leading cryptocurrency payments firm, marked its one-year anniversary with a revelation of the widespread adoption of its payment solutions for cross-border settlements. The disclosure was made by Ripple's spokesperson during the Ripple Payment Roadshow hosted by the Australian Trade & Logistics Corporation (ATLC) in Melbourne. Ripple has been a pioneer in shaping the landscape of cross-border payments through its innovative solutions. During the event, it was emphasized Ripple's commitment to utility and highlighted the company's focus on providing tangible use cases for its technology. "Ripple believes in utility. Ripple has always taken that baseline technology, and we’ve said from the beginning that every technology needs a use case. For us, the very clear use case is ...
Legal Experts Clash Over Ripple’s Legal Victory and XRP’s Price Performance
Ripple News

Legal Experts Clash Over Ripple’s Legal Victory and XRP’s Price Performance

In a recent turn of events surrounding the Ripple v. SEC case, Australia-based lawyer Bill Morgan has taken issue with Fox Business Senior Correspondent Charles Gasparino's criticism of Ripple's legal victory and its impact on XRP's price performance. Gasparino, known for his outspoken views, particularly targeted the soundness of Judge Analisa Torres' verdict and described it as "idiotic." https://twitter.com/Belisarius2020/status/1725670335109107903 Charles Gasparino Criticized for Dismissing Judge Torres' Ruling Gasparino's critique focused on Judge Torres' decision to provide partial victories to both the SEC and Ripple, referring to it as "splitting the baby." He went on to assert that this decision had made the U.S. District Court of the Southern District of New York a laughing ...
National Bank of Georgia Selects Ripple Labs for Digital Lari (GEL) Pilot Project
Ripple News

National Bank of Georgia Selects Ripple Labs for Digital Lari (GEL) Pilot Project

In a significant move in the world of central bank digital currencies (CBDCs), the National Bank of Georgia (NBG) has chosen Ripple Labs, a San Francisco-based blockchain company, as its technology partner for the digital Lari (GEL) pilot project. The partnership between NBG and Ripple Labs is poised to explore the potential use cases and advantages of Ripple's CBDC platform, indicating a significant step forward for both entities. Read Also: Terra Luna's Classic DynComm Module Sparks Price Surge as L1 Team Approves Dynamic Validator Commissions https://twitter.com/Ripple/status/1720142420497584585 Ripple's CBDC Platform Ripple's CBDC platform, launched in May 2023, is designed to facilitate the issuance, management, and transactions of CBDCs by governments and financial institutio...
Uphold Announces Game-Changing Partnership with Ripple, Offering Users a Chance to Win 20,000 XRP
Ripple News

Uphold Announces Game-Changing Partnership with Ripple, Offering Users a Chance to Win 20,000 XRP

In a significant move within the crypto space, Uphold, a crypto exchange renowned for its user-friendly platform and extensive support for various cryptocurrencies, has unveiled an exciting partnership with Ripple, one of the blockchain industry's leading companies. This groundbreaking collaboration has the potential to open up new avenues for crypto enthusiasts and investors, while also contributing to Ripple's objective of enhancing liquidity for its cross-border payment solutions. Reason for the partnership Between Uphold and Ripple Uphold, widely known for its accessibility and diverse range of supported digital assets, is taking this partnership as an opportunity to elevate its services. Ripple, a pioneering force in the blockchain world, is strategically teaming up with Uphold to a...
Pro-XRP Lawyer Fred Rispoli Comments on SEC’s Decision to Drop Charges Against Ripple Executives
Ripple News

Pro-XRP Lawyer Fred Rispoli Comments on SEC’s Decision to Drop Charges Against Ripple Executives

Pro-XRP lawyer Fred Rispoli has offered his insights on the recent decision by the U.S. Securities and Exchange Commission (SEC) to drop charges against Ripple executives Chris Larsen and Bradley Garlinghouse. The decision by Judge Analisa Torres officially dismisses the case against the Ripple executives. Read Also: Shiba Inu (SHIB) Continues to Burn Tokens, Fostering Hope for Price Surge Ripple Execs Cleared of Charges Relating to Institutional Sales of XRP, While Questions Arise About Future Appeals Nature of Dropped Charges: Attorney Fred Rispoli has shed light on the specific charges that the SEC dropped. The charges related to the roles played by Larsen and Garlinghouse during Ripple's institutional sales of XRP, which the court had previously found to constitute an investme...
Opportunity for Crypto Community to Invest in Ripple’s Pre-IPO Shares Reopens on Linqto Platform
Ripple News

Opportunity for Crypto Community to Invest in Ripple’s Pre-IPO Shares Reopens on Linqto Platform

Cryptocurrency enthusiasts and XRP supporters are once again being allowed to acquire Ripple's stock in advance of the company's eagerly anticipated initial public offering (IPO). Following the success of their initial offering, the pre-IPO investment platform Linqto has announced that they are reopening the sale of Ripple equity shares to the crypto community. Read Also: Shibacals Announces Exciting Updates for Shiba Inu Community https://twitter.com/linqtoinc/status/1712251770376798243 In a recent statement, Linqto emphasized its commitment to democratizing access to private market investments for all investors, stating, "Ripple shares are now available on Linqto! We remain committed to democratizing access to private market investments to all investors." The Journey So Far Li...
Pro-XRP Lawyer Predicts SEC’s “Biggest Defeat” in Legal Battle with Coinbase
Ripple News

Pro-XRP Lawyer Predicts SEC’s “Biggest Defeat” in Legal Battle with Coinbase

John Deaton, a prominent legal advocate for XRP, has stirred the cryptocurrency community with his belief that the U.S. Securities and Exchange Commission (SEC) is on the brink of suffering a significant legal setback, this time in its ongoing legal battle with Coinbase, a major cryptocurrency exchange. Deaton's comments came as a response to a post by Coinbase's Chief Legal Officer, Paul Grewal, who expressed frustration with the SEC's recent filing in the case. Grewal pointed out what he saw as a lack of legal citations in the SEC's opposition and challenged the regulator's claims. Read Also: XRP Community Speculates on $130 Price Target Amid Ripple vs. SEC Saga https://twitter.com/JohnEDeaton1/status/1709400471813656989 He argued that the assets listed on Coinbase's platform...
Judge Rejects SEC’s Interlocutory Appeal in Ripple Lawsuit, Trial Set for 2024
Ripple News

Judge Rejects SEC’s Interlocutory Appeal in Ripple Lawsuit, Trial Set for 2024

In a significant development in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Judge Analisa Torres of the Southern District Court of New York has rejected the SEC's motion for an interlocutory appeal. This decision marks a crucial victory for Ripple and the XRP community. An interlocutory appeal, a rare legal manoeuvre in civil procedure, allows parties to appeal a trial court's ruling while other aspects of the case continue. Judge Torres's denial of the SEC's motion means that the regulator will have to wait until the lawsuit's conclusion before filing an appeal if deemed necessary. This decision is seen as a positive development for Ripple, as it prevents potential delays that could have resulted from a stay of proceedings. https://...