Ripple CLO Critiques Gensler’s Use of Crypto Asset Securities
Ripple CLO criticizes SEC Chair Gensler’s use of crypto-asset securities and emphasizes the importance of voting in elections to influence crypto regulations. Stuart Alderoty, the Chief Legal Officer of Ripple, expressed his dissatisfaction with the use of “crypto-asset securities” by SEC Chair Gary Gensler and encouraged dissatisfied crypto investors to participate in the forthcoming elections. […]
Ripple Argues for Civil Penalty, Invokes SEC v. Terraform case
Ripple has requested that a court consider an “appropriate” civil penalty in their lawsuit against the United States Securities and Exchange Commission (SEC). In a June 13 filing in the U.S. District Court for the Southern District of New York, Ripple’s legal team submitted a notice of supplemental authority that alleged the “unreasonableness” of the […]
Ripple and Archax Introduce Tokenized RWA Worth Millions to XRP Ledger
Ripple has partnered with crypto exchange Archax to help XRP Ledger become a pioneer in real-world assets (RWA) tokenization. Ripple, global crypto payments and financial solutions provider, has announced a partnership with Archax, the UK’s first Financial Conduct Authority-regulated crypto exchange, broker, and custodian, at the XRP Ledger Apex 2024 summit on Thursday. In the coming […]
Ripple CEO Introduces RLUSD Stablecoin for XRP Ecosystem
Ripple CEO Brad Garlinghouse unveils RLUSD at the XRPL Summit to stabilize crypto transactions and improve global payments. Ripple’s Chief Executive Officer, Brad Garlinghouse , recently disclosed the company’s imminent stablecoin, RLUSD, at the XRP Ledger Community Summit (XRPL Apex) in Amsterdam. Garlinghouse referred to the new currency as “Real USD” or “Ripple USD,” which […]
Ripple Acquires Standard Custody to Enhance Stablecoin Strategy
Ripple has officially completed its acquisition of Standard Custody & Trust Company, and this new action is expected to enhance the blockchain company’s efforts to establish a USD stablecoin. Ripple, a prominent blockchain payments company, has announced the successful completion of its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. However, […]