SBI, Ripple Partner to Offer XRP Remittances to Banks in Southeast Asia
SBI Group, a Japanese financial holding company, has announced that its international remittance services division, SBI Remit, has partnered with Ripple and SBI Ripple Asia to offer an XRP remittance service to bank accounts in some Southeast Asian nations. SBI Remit has utilized Ripple’s payment services for international remittances since 2017, the company announced in […]
Polygon CLO Comments on SEC’s Cases – Coinbase, Ripple
Rebecca Rettig, the Chief Legal and Policy Officer at Polygon Labs, has discussed the recent developments and implications of the SEC’s lawsuits against Ripple and Coinbase. She has highlighted both sides’ legal arguments and challenges in the ongoing cases. Last month, Judge Analisa Torres ruled that institutional XRP sales were deemed securities transactions, excluding secondary […]
Understanding Ripple’s Influence on Cross-Border Transactions
With the influence of Ripple, cross-border transactions can take a different turn. Aside from the speed of transactions, there are more leverage and challenges that Ripple’s influence has on cross-border transactions. Read this article to learn more. In international finance, the intricacies of cross-border transactions have perpetually posed challenges characterized by high costs and intricate […]
The Legal Web That Favored Ethereum Over Ripple
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the XRP cryptocurrency, has been one of the crypto industry’s most controversial and consequential events. But what if the outcome of this case was influenced by a clever legal strategy that gave Ethereum, Ripple’s main rival, an unfair […]
Ripple Joins Top Global Derivatives Trade Body IDSA
In order to participate in the OTC derivatives market, Ripple joined the International Swaps and Derivatives Association. Ripple Labs has recently joined the International Swaps and Derivatives Association (ISDA), a trade association representing market participants in the over-the-counter (OTC) derivatives market. This puts Ripple in the company of well-known cryptocurrency firms like JP Morgan, Blackrock, […]