Tether CTO Criticizes Ripple Chief for USDT Comments
Ripple CEO predicts US government‘s scrutiny on Tether, prompting rebuttal from Tether CTO. Brad Garlinghouse, CEO of Ripple, stated in his most recent interview that Tether (USDT) would be the next target of the United States government in cryptocurrency. Given the US government’s efforts to implement regulations on stablecoins, it may target market leaders such […]
Ripple Collaborates to Introduce Supply Chain Finance to Japan
Ripple Labs announced that it is joining Haskey DX to simplify products powered by XRPL in the Japanese market. The American blockchain payments services provider Ripple, also the brains behind XRP, has announced that it is strategically joining forces with HashKey DX, the Tokyo-based division of HashKey Group, a financial services provider for digital assets. […]
Pro-Crypto Sarah Netburn Selected for District Judge Nomination
Magistrate Judge Sarah Netburn, who is presiding over the Ripple vs SEC case, was nominated for District Judge by Joe Biden. Magistrate Judge Sarah Netburn has been nominated as the District Judge at the Southern District of New York. Ripple vs. SEC is the case under her current presiding authority. Ripple Labs may benefit from […]
Ripple Challenges $2B SEC Fine, Argues for $10M Maximum Penalty
Ripple, a cross-border payment protocol, disputed the SEC’s $2 billion fine request, advocating for a maximum penalty of $10 million. They argue the fine is excessive. Protocol for cross-border payments Ripple challenged the request of the United States Securities and Exchange Commission (SEC) to sanction the blockchain company $2 billion, arguing that the maximum penalty […]
XRP News: Price Drops As Ripple Unlocks 500M Escrow XRP
Ripple unlocks 500 million XRP from escrow, which is likely part of their monthly strategy, impacting the XRP price amid community concerns. Ripple has executed a momentous action by releasing a considerable quantity of XRP from custody, sparking discourse among members of the XRP community and the broader cryptocurrency domain. The release of 500 million XRP from […]