XRP (XRP) News

Digital Pound Foundation, a separate forum engaged in the development of the U.K's central bank digital currency (CBDC) announced its launch today (October 14). The DPF is formed by tech, innovation, and regulation specialists. Its Chair is Jeremy Wilson, former Vice President of London-based...

The SEC against Ripple lawsuit continues. On October 4, U.S. District Judge Analisa Torres announced that XRP token holders can’t take part in the suit as defendants. At any rate, they can assist as amicus curiae, a friend of the court to provide their opinions on legal questions. Token owners...

Ripple Labs, the blockchain company standing behind the development of XRP cryptocurrency, initiated a $250 M fund to encourage creators of NFTs. The firm said on Sept. 29, that Creator Fund will encourage NFT originators by supporting financially, technically and promotions. Digital artists and...

In the last 24 hours, the price of XRP went up by around 5%, reaching $1.32. The surge happens, while the SEC vs Ripple case continues. The latest update of the lawsuit is that US magistrate judge Sarah Netburn ordered Ripple to handle 1 million missing Slack messages among employees that the...

On July 27, payments network Ripple standing behind the development of the cryptocurrency XRP revealed cooperation with Japan's leading money transfer operator SBI and its subsidiary SBI VC Trade to carry out currency exchanges from Japan to the Philippines. Ripple will set an On-Demand Liquidity...

The US SEC vs Ripple Labs case is going on. According to the document published on July 9 by Magistrate Judge Hon. Sarah Netburn, the deposition of the US SEC former executive William Hinman will take place on July 19. Ripple insists on getting the SEC’s explanation of why the regulatory views...

Ripple CTO David Schwartz has posted a proposal to launch federated sidechains powered by XRP Ledger. The solution will allow you to connect smart contracts and create decentralized applications using the native network token. According to Schwartz, smart contracts are one of the most requested...

SEC vs Ripple lawsuit is in the process. On May 30, another decision on the case was published, where the US Magistrate Judge Sarah Netburn announced denying the SEC's request to access Ripple Lab's legal counsel records. The government agency found the step would bring more clarification. Per the...

In a recent meeting, Ripple CEO Brad Garlinghouse stated the firm aims to go public when the SEC's lawsuit will be over. The legal actions started in December 2020, when the SEC started a $1.3 billion lawsuit against Ripple claiming XRP, the cryptocurrency developed by the company is security. The...

Ripple, the blockchain company that developed XRP cryptocurrency revealed a collaboration with the National Bank of Egypt. As stated in a paper published on May 18, the cooperation between Ripple, NBE, and the remittance firm based in the United Arab Emirates, LuLu Exchange aims to deliver...

Ripple Lab's native cryptocurrency XRP has seen a 97% sales growth in the first quarter of this year. On May 6, Ripple released the company's market report for Q1 which shows that the entire sales net of the token's trades reached $150.34 M compared to the Q4 2020 when it was $76.27 M. XRP's sales...

If holders of the altcoin XRP interfere with the process against Ripple, then the Securities and Exchange Commission (SEC) can sue them. This is stated in the appeal of the regulator to the US judicial authorities. Recall that at the end of last year, the SEC initiated a lawsuit against Ripple,...

CoinShares has announced the launch of an ETP powered by Ripple's XRP token. Each CoinShares Physical XRP share is physically backed by 40 XRP. Initially, the ETP under the ticker XRPL will be traded on the SIX Swiss Exchange, Switzerland's largest stock exchange, and will have a base commission of...

On Friday, the court disallowed the SEC's request to publish financial statements of Ripple's execs stating it is not assured that the data would indicate wrongdoings. In March the US SEC submitted the petition for eight years of financial history from CEO Brad Garlinghouse and co-founder Chris...

According to the judge's decision announced on April 6, Ripple wins a discovery motion to access the SEC's inward papers related to crypto assets and in what case they are considered securities. The technology company together with the CEO Brad Garlinghouse and Executive Chairman Chris Larsen made...

The native token of Ripple, XRP has reached a three-year high of $1.10. At the moment the cryptocurrency trades at around $1.03 ranking fourth with a market cap of over $46.6 B. It's the first time since February 2018 that XRP crossed the $1 mark. Yesterday, April 5, the token broke its highest...

Saturday, April 4, the price of XRP, the cryptocurrency created by Ripple Labs, reached $0.62. This is the first time since May 2018 that the token closes the week with a new high. At the moment XRP trades at above $0.7 ranking the 7th by market cap. This shows that now the token's price is more...

On March 29, the U.S. district court of New York issued an answer to the request made by XRP holders. Judge Analisa Torres approved their appeal to be engaged in the SEC’s lawsuit against Ripple Labs as third-party defendants. As stated in the released decision, XRP holders can file their motion...