Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest XRP › CBDCs The move is driven by Bhutan’s desire to enhance digital and cross-border payments. Andjela Radmilac · September 24, 2021…
Ripple plans to take the ongoing Securities and Exchange Commission (SEC) lawsuit all the way to trial, saying it does not intend to settle with the regulator. Speaking to Fox Business, Ripple’s defense team says they are confident in their position. They add that standing up to the SEC in a trial setting is necessary…
The US Securities and Exchange Commission (SEC) recently filed a letter regarding the Court’s order to submit allegedly privileged documents requested by Ripple. In the letter, the SEC argued that all documents listed in the submission, which will be reviewed by Judge Sarah Netburn in camera, are protected by the deliberative process privilege (“DPP”). According…
In its recent filing, the US Securities and Exchange Commission (SEC) opposed the request made by Ripple and its co-founder Chris Larsen to answer interrogatories regarding the agency’s application of the Howey test for determining the status of XRP. Just recently, the SEC opposed Ripple’s request to disclose employees’ crypto holdings to produce documentation regarding…
The latest digital asset fund report from CoinShares showed that investor outlook on Bitcoin has become increasingly positive. While last week’s report showed Bitcoin lagged behind altcoins, which saw their highest inflows in the past three years, the latest data shows the market has broken an 8-weel spell of BTC outflows. Market sees inflows across…
Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this month Jed McCaleb, former CTO and co-founder of payment network Ripple (XRP) and current CEO of Stellar (XLM), has sold roughly 275 million XRP since early May as part of his daily “dumping.” The great XRP dump According to blockchain explorer XRPScan, McCaleb received…
The XRP price has started to recover along with other “OG” altcoins. Throughout Bitcoin’s rally from $18,000 to over $23,000, most major altcoins have struggled. Now, they are starting to show signs of recovery. Why is the XRP price now recovering? In the past week, the XRP price stagnated even more so than other large-cap…