XRP BASE (XRP) News

The US Securities and Exchange Commission officially turned over Hinman's email messages and docs to Ripple. In December 2020, the regulator sued Ripple over the sale of XRP coins, saying the asset is considered as an unregulated security. During the trial, Ripple asked for docs where William...

Ripple scored an essential victory in the case with the US Securities and Exchange Commission. According to judge Analisa Torres' decision revealed on Sept. 29, the financial regulator should present documents by Bill Hinman, former director of the SEC's Division of Corporation Finance. The judge...

Ripple's native token, XRP saw a price increase of around 60% in the last 7 days. Currently, the coin trades at about $0.5 with a market cap of over $25.8 bln. XRP is the 6th largest cryptocurrency at the moment. Replying to one of the members of the XRP community, Ripple CEO Brad Garlinghouse...

Amid the ongoing SEC vs Ripple case, both parties applied for a summary judgment to get a ruling whether XRP is a security and whether Ripple violated the law by selling coins. Filings were submitted in the U.S. District Court Southern District of New York. These types of applications are filed...

A Bitcoin transactions application based on XRP Ledger, SpendTheBits, is a competitor of Lightning Network. SpendTheBits allows spending and receiving Bitcoins instantly. Currently, the application is available in Canada, and it's expected to be launched in El Salvador soon. XRP is used to activate...

Ethereum co-founder Vitalik Buterin replied to a tweet by Bankless founder David Hoffman about the new crypto regulatory changes in Canada. The rules define that investors are allowed to buy an unlimited amount of Bitcoin, Ether, Litecoin, and Bitcoin Cash. However, there is a $20,000 limit for...

Legal proceedings between the US Securities and Exchange Commission and Ripple continue. A few days ago, the agency submitted a motion to file Ripple's opposition brief under seal. District judge Analisa Torres, however, found sealing the brief fully isn't warranted. Ripple defense lawyer James...

Brad Garlinghouse, the CEO of the blockchain company Ripple said in a later interview with Bloomberg that the SEC vs Ripple case is going well, and it is playing out. He mentioned that other parts of the US government called XRP a digital asset native to Ripple's technology stack, property, or...

The SEC vs Ripple lawsuit moves forward. US district judge Analisa Torres responded shortly "denied" to the SEC's request to file a Sur Sur-Reply. The purpose of the request was to cite a prior Court ruling from a different circuit striking an entirely different defense. In legal terms,...

Ripple continues to grow with its valuation hit $15 billion after buying back its Series C shares from investors. The CEO of the company, Brad Garlinghouse announced that despite the ongoing case, Ripple’s financial position is the strongest ever. Excited to announce @Ripple bought back our...

As per a recent decision by the US Magistrate Judge Sarah Netburn, the SEC will disclose emails related to a speech, in which an ex-official William Hinman stated that Eth isn't a security in 2018. Then, he said that the cryptocurrency is decentralized enough. This speech plays a major role in the...

A year ago, on December 22, the US Securities and Exchange Commission (SEC) started a lawsuit against the blockchain company Ripple and its executives Chris Larsen, and Brad Garlinghouse. The regulator says XRP, the native crypto of Ripple, is unregistered security, and Ripple Labs wasn't allowed...

One of the most crucial events in the crypto industry, the lawsuit between the SEC and Ripple continues. On Dec. 10, the parties filed a motion, requesting from the Court to extend the deadline of an expert discovery by three days. For now, the discovery is set to close on January 14, 2022. In the...

John Deaton, the owner of the Deaton Law Firm, tweeted on the SEC against Ripple lawsuit, presenting records from the court. The case, started in December 2020, with the regulatory authority accusing Ripple Labs of the XRP token sale, saying it was unregistered security, takes new turns. During...

Blockchain-based payment protocol that developed the XRP coin, Ripple, published its vision of how the crypto industry must be regulated. The team sees the necessity to build a new regulatory system. In the release titled "A Real Approach to Cryptocurrency Regulation", the firm says the...

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...