Ripple, the enterprise blockchain company behind the XRP Ledger, has announced its intention to launch a new stablecoin pegged to the value of the U.S. dollar. According to Ripple’s statement, the stablecoin market has experienced significant growth, currently exceeding $150 billion, and is forecasted to surpass $2.8 trillion by 2028. The company stated that the […]
In a recent analysis, BarriC, a respected authority on Ripple and its cryptocurrency XRP, made a bold prediction: XRP might reach an extraordinary value of $1,000. Although such predictions are usually met with skepticism, BarriC’s analysis highlights Ripple’s broad strategies for the near and distant future. $XRP could hit $1,000 Now hear me out ….#Ripple […]
Ripple legal chief officer Stuart Alderoty disclosed the settlement offer from the US Securities and Exchange Commission (SEC) prior to the lawsuit the agency filed against the blockchain-powered payment company. On Dec. 22, 2020, the SEC accused Ripple’s co-founder, Christian Larsen, and CEO, Bradley Garlinghouse, of offering and selling XRP as an unregistered security. The […]
Cryptocurrency payment network Ripple has successfully secured a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland (CBI). The development comes over a year after Ripple established an office in Dublin and applied for the license to expand into Europe. In 2021, CBI initiated the registration process for the VASP license. The […]
Palau has taken a major step towards becoming a global leader in blockchain-based digital currency. The country’s Ministry of Finance has announced the commencement of operations with the second phase of the Palau Stablecoin (PSC) Program, executing this initiative in collaboration with Ripple’s CBDC platform. Yesterday the Republic of Palau Ministry of Finance officially launched […]
Prominent cryptocurrency investors and firms intend to support pro-innovation and pro-crypto political candidates during the 2024 US election cycle. The crypto community is seeking to elect a pro-crypto president who will help bring regulatory clarity and prevent frivolous SEC complaints. Crypto and blockchain leaders have contributed $78M to support the Fairshake political action committee (PAC). […]
The Ministry of Finance of Palau has officially launched the second phase of the Palau Stablecoin (PSC) project with Ripple’s CBDC platform collaboration. On December 15, Jay Hunter Anson, a cybersecurity consultant in Palau and adviser to the Ministry of Finance, confirmed the program’s second phase initiation in a post on X (formerly Twitter). The […]
Ripple chief legal officer Stuart Alderoty has provided insights into what the crypto sector might look like in the next year. He discussed predictions regarding Ripple’s lawsuit against the United States Securities and Exchange Commission (SEC), the court’s impact on cryptocurrency laws, and possible legislative challenges in the US Congress. #2024Predictions — It’s that time […]
BlackRock, the world’s largest asset manager and a frontrunner in the Bitcoin exchange-traded fund (ETF) race, has voiced concerns regarding the potential classification of Bitcoin as a security by the U.S. Securities and Exchange Commission (SEC). In an update to its ETF filing, BlackRock emphasized potential challenges if regulators deemed Bitcoin a security. The firm […]