Ripple Q2 Report Clarifies 6 Misconceptions About Recent XRP Legal Ruling
Ripple, the San Francisco-based fintech company, used to publish a quarterly report called the ‘XRP Markets Report,’ wherein it voluntarily disclosed its sales of XRP,...
Author : Ondrej Simon
Binance Appoints New Compliance-Focused And Money Laundering Reporting Officer Amid Growing Regulatory Heat, Lawsuits
Binance has announced the appointment of a new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO) at a time when the...
Ripple To Expand Presence In U.S. Market After XRP Court Win? Top Executive Reveals Big Plans
Ripple President Monica Long has announced the company’s plans to seek market opportunities in the United States. This development follows the historic court ruling clarifying...
Ripple’s Asian Expansion Skyrockets: Singapore Becomes APAC Frontrunner for On-Demand Liquidity Service
Ripple is experiencing substantial growth in Asia, particularly in Singapore, where its On-Demand Liquidity (ODL) service witnessed a five-fold increase in transactions in 2022. The...
SEC Rules Are Preventing Major Banks From Offering Crypto Custody Services – Here’s How
The market capitalization of the virtual currency industry has surpassed the $1 trillion mark. Still, leading U.S. banks are barred from getting any skin in...
No Threat to XRP: Ripple Chief Legal Officer Weighs in on Terra Ruling
On Tuesday, District Judge Jed Rakoff of the Southern District of New York decided in favour of the United States Securities and Exchange Commission (SEC),...
MicroStrategy To Acquire More Bitcoin Using $750M Stock Sale Proceeds
MicroStrategy has announced plans to sell over $700 million in shares in a move that could further expand its already impressive Bitcoin portfolio, aligning with...
Liquidation Concerns Subside As Justin Sun, Others Rush To Alleviate Curve Finance’s Possible Bad Debt Fiasco
Curve Finance founder Michael Egorov has bought himself some breathing space after some backers, including Tron founder Justin Sun, stepped in to help after the...
XRP Doomed? SEC Veteran Convinced Historic Ripple Ruling In ‘Big Trouble’ After Rejection By Federal Judge
A former official at the U.S. Securities and Exchange Commission (SEC) has cautioned that the legal predicament for Ripple Labs is about to get worse...
Crucial decision by Judge Rakoff: Terraform Labs case moves forward despite Ripple ruling
On July 31, federal judge Jed Rakoff denied Terraform Labs’ motion to dismiss the SEC’s lawsuit against their company and founder, Do Kwon. He refused...