In a groundbreaking move, Ripple Labs, the company behind the XRP cryptocurrency, has announced its plans to acquire Hidden Road, a multi-asset prime brokerage firm, for a staggering $1.25 billion. This…
In a significant development, Ripple Labs has agreed to pay $50 million to the U.S Securities and Exchange Commission (SEC) to settle a long-standing lawsuit. This move has triggered a…
The US SEC’s lawsuit against Ripple began in 2020 when the SEC charged Ripple with conducting an unregistered securities offering through XRP sales.
The US cryptocurrency industry witnessed a significant development on 19 March as the US Securities and Exchange Commission (SEC) dropped its nearly five-year-long lawsuit against Ripple Labs.
The US Securities and Exchange Commission (SEC)’s appeal against Ripple Labs is expected to end soon as the SEC is working on a proactive regulatory framework for cryptocurrencies. The SEC…
by Jude Ayua
Brad Garlinghouse, CEO Ripple Labs, has shared his thoughts on the proposed US crypto reserve. On 27 January, Garlinghouse posted on X advocating for a diversified crypto…
In partnership with Ripple, Ondo Finance has announced plans to bring its tokenized U.S. Treasury Fund labelled Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger (XRPL). The deployment,…
by Jude Ayua
The US Court of Appeals for the Third Circuit, on 13 January 2025, ruled against the US SEC’s denial of Coinbase’s request for specific digital asset regulations.
“We will…
Although the SEC initiated its appeal in mid-October 2024, the January 2025 filing formally presents the SEC’s arguments challenging the court’s position that Ripple’s sale of XRP on crypto exchanges…
Recent data reveals that large investors, or whales, have been steadily accumulating XRP over the past two months. Analytics firm Santiment reported that addresses holding between 1 million and 10…