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XRP (XRP) News



Ripple settles with Youtube

Ripple Settled the Lawsuit Filed Against YouTube Last Year

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The CEO of Ripple Labs Brad Garlinghouse tweeted today to inform the followers about the settlement of the lawsuit with Youtube. Last year, @Ripple and I sued @YouTube for failing to enforce its own policies by allowing fake accounts (impersonating my/Ripple’s verified accounts) to conduct XRP...

MoneyGram lawsuit

Rosen Law Firm Accused MoneyGram of Wrong XRP Assertions

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Major money transfer system MoneyGram encounters a lawsuit that claims it didn't inform users about XRP's class as unlisted security. The initiator of the legal proceedings was Rosen Law Firm which introduced a representative action on March 1. The suit was in the name of depositors that traded...

Ripple business in Wyoming

Ripple Listed as a Wyoming Entity

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Ripple Labs, the enterprise that created the XRP crypto asset filed a new market unit in Wyoming. The state is known for its friendly approach towards the crypto industry. Caitlin Long, creator, and Chief Executive Officer of Avanti Financial Group disclosed the news on Twitter....

Ripple

SEC affirms accusations upon Ripple in the amended lawsuit

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SEC has said that Ripple CEOs Brad Garlinghouse and Chris Larsen have strongly influenced the price of XRP by increasing or decreasing the sales of their coins depending on the market situation. In an amended lawsuit filed on February 18, the SEC confirmed its allegations of violating U.S....

Ripple

SEC and Ripple abandon pre-trial settlement of the claim

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The US Securities and Exchange Commission (SEC) and Ripple said that the regulator's lawsuit over the alleged unregistered sale of securities in the form of a digital asset XRP will not be settled out of court. In a letter to open the case, the parties stated that having previously discussed this...

SBI Holdings Launches XRP lending

SBI Holdings Announced Launching XRP Lending

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Tokyo-based financial company SBI Holdings, which is also an old partner of Ripple, announced XRP lending service. The service would be launched by SBI VC Trade, the group's subsidiary. Using it, XRP holders will be able to receive interest by making deposits. The amount can vary between 1,000 to...

XRP

XRP futures market went through a cascade of liquidations

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Since January 30, when the Ripple token rate began an upward movement to levels above $ 0.7, the total volume of liquidations of long and short positions in the XRP futures market exceeded $ 1.6 billion. Over the past day, as a result of the growth and subsequent collapse of XRP, positions for $...

Michael Barr

Ripple ex-advisor may become head of US banking regulator

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Ripple ex-advisor Michael Barr may head the Office of the Comptroller of the Currency (OCC) under the Joe Biden presidency. If appointed, Barr will replace Brian Brooks, a previous chief lawyer at cryptocurrency exchange Coinbase, who worked as head of the OCC from May 2020 to January 2021. At...

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...