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XRP (XRP) News



Kraken halts XRP

Kraken Exchange Suspends XRP for US Users

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On January 15, cryptocurrency exchange Kraken announced suspending the XRP token trading for users from the US. The termination will enter into force on January 30, at 1 a.m. UTS. The decision doesn't concern customers from other countries. The company mentioned the reason for the suspension to be...

Grayscale XRP Trust terminated

Grayscale Decided on Closing XRP Trust

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Grayscale Investments informed the users it had started the process of XRP Trust termination. The move is connected with the legal actions SEC had started against Ripple for selling unregistered security. The firm will share cash to investors after liquidating all XRP held by the stock, without...

UK Treasury XRP

The UK Treasury Sees XRP as a Non-Security

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The Treasury of the United Kingdom issued a report related to cryptocurrencies. There XRP is considered to be non-security. The script categorizes XRP, Ether, and BTC as forms of exchange. Not being either electronic money or security assets, they are not regulated. Her Majesty's Treasury cited...

Brad Garlinghouse

Ripple CEO says his company tried to negotiate with the SEC

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The Ripple team tried to reach a compromise with the Securities and Exchange Commission (SEC). However, the American regulator has abandoned any agreements, the head of the company, Brad Garlinghouse, tweeted. Recall that the SEC filed a lawsuit against Ripple in December, in which it accused the...

XRP suspended on OKCoin and Coinbase

Coinbase and OKCoin Suspend XRP Activities

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The case of the U.S. Securities and Exchange Commission against Ripple continues to have negative impacts on the company. The number of firms terminating XRP purchases is increasing. A few days ago cryptocurrency exchange platform Bitstamp announced halting XRP purchases for an indefinite time....

Bitstamp and XRP

Bitstamp to Suspend XRP Trading for US Customers

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Luxembourg-based cryptocurrency exchange platform Bitstamp announced stopping XRP transactions for an indefinite time. The company tweeted, informing users that such a decision was made because of the SEC's lawsuit against Ripple. US customers will not be able to trade and deposit XRP from January...

XRP price surges 12.25.2020

XRP is up 50%. Did Changes in the SEC Cause This?

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On December 24, authorities announced that the US Securities and Exchange Commission has a new chairman. Elad Roisman will replace Jay Clayton. Meanwhile, XRP saw price growth. Are these two events connected? Well, Roisman considered being a possible ally for the crypto industry. The new chairman...

SEC sues Ripple

SEC Submits a Claim Against Ripple

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Today, December 23, the US Securities and Exchange Commission (SEC) officially took legal actions against Ripple Labs and its corporate executive Christian Larsen and the present CEO Brad Garlinghouse. The market authority claims that the Silicon Valley-based fintech has earned $1.3 B through...

Brad Garlinghouse

Ripple CEO wished bitcoin success

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According to the CEO of the Ripple crypto company, Brad Garlinghouse, XRP token and bitcoin cannot be compared. The businessman expressed his position in an interview with the successful publication Fortune. He stressed that the two above-mentioned digital currencies have entirely different goals...

Ripple's Office in Dubai

Ripple Opens Local Office in Dubai

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On November 7 Ripple disclosed that it has established a department in the Dubai International Financial Centre or DIFC. The crypto exchange firm apparently picked the place for its creative ways of control. Operating in the United Arab Emirates, the DIFC suggests blockchain organizations like...

Ripple invested in SBI holdings

Ripple Extends Its Partnership with SBI Holdings

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Officials announced that Ripple has invested in Money Tap, a secondary of Tokyo-based financial group SBI holdings. With the recently introduced funds, Money Tap can boost the development of new functions and services like community currency, business payments as well as inbound and outbound...

Brad Garlinghouse

Ripple may move to Japan or Singapore

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Ripple could move its headquarters to Japan or Singapore if it decides to leave the US due to regulatory uncertainties. That is the CEO of the organization Brad Garlinghouse. Switzerland, the UK, and the UAE are also on the list of possible countries to relocate. All of these countries have clear...

Ripple launches new option

New Ripple Setting Offers XRP Payments on Credit

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US-based technology organization Ripple started its "Line of Credit" assistance to provide clients utilising On-Demand Liquidity (ODL) to the original property, thus making universal tradings with XRP token possible. The service enables a fast way to funds practising an easy credit...

Bitfinex

Bitfinex plans to offer 6.2% for holding BTC, ETH, and XRP

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Cryptocurrency exchange Bitfinex, in partnership with the Celsius Network platform, will provide its users with the opportunity to receive rewards from storing Bitcoin (BTC), Ethereum (ETH), and XRP. According to the press release, starting October 15, Bitfinex customers will be able to create and...

MoneyGram Ripple

MoneyGram received $15 million from Ripple

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The money transfer service MoneyGram received $15.1 million in XRP from the fintech startup Ripple, according to the company's second-quarter report. Adjusted for mutual transactions, the amount of incentives received from the strategic partner is estimated at $6.3 million. In the first quarter,...

XRP Open Payments Coalition

Ripple joins Open Payments Coalition

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Fintech company Ripple has become a member of the recently created Open Payments Coalition, which launches the PayID global payment system based on simple and clear identifiers. The consortium unites more than 40 participants with a user base of over 100 million people. The founders of the project...

Xrp ethereum Japan

Study: Japanese investors prefer XRP over Ethereum

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XRP became the second most popular crypto coin among Japanese investors, almost catching up with BTC. This is evidenced by a study of the local BitMax exchange. The trading platform polled 1,498 customers. The favorite cryptocurrency of 26% of respondents is Bitcoin, while Ripple was preferred by...

Ripple court

New lawsuit filed against Ripple and Brad Garlinghouse

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A lawsuit has been filed against Ripple and Brad Garlinghouse. They are accused of violating US securities laws. It is reported by Cointelegraph. The lawsuit has been filed by Bitcoin Manipulation Abatement LLC with the U.S. Federal District Court. According to documents, Ripple and its CEO are...