Destination Crypto

The ongoing legal battle between crypto payments company, Ripple ,and the United States Securities and Exchange Commission (SEC) is taking another significant step forward this week. Both parties are preparing to take the next move forward with their appeal process. This development could have far-reaching implications on not just Ripple, but the XRP price and

Ripple Labs has been awarded the Platinum Prize for Best Cross-Border Payments Platform by Juniper Research’s Future Digital Awards for Fintech & Payments 2024. The announcement was made on October 8 via Juniper Research’s official X account : “The Platinum Prize for Best Cross-border Payments Platform goes to … Ripple for Ripple Payments.” In response

Ripple has announced a major upgrade to its Ripple Custody service, aiming to deliver bank-grade crypto custody solutions to fintech firms and crypto businesses. The enhancements include integration with compliance tools, expanded hardware security module (HSM) options, support for tokenizing real-world assets on the XRP Ledger (XRPL), pre-configured policy frameworks, and an improved user interface,

The XRP army has actively joined the battle in the legal case between Ripple and the United States Securities and Exchange Commission (SEC), showing support for the crypto payments company with a new petition. The petition which highlights the SEC’s harmful enforcement actions with its new appeal has already garnered thousands of signatures from various

Ripple has been granted in-principle approval by the Dubai Financial Services Authority (DFSA) to deploy its Ripple Payments Direct (RPD) service across the United Arab Emirates. This approval accelerates Ripple’s push into the Middle East, positioning its Dubai International Financial Centre (DIFC) operations as a central hub for its expanding global network, according to a

To the dismay and frustration of Ripple supporters and the broader crypto industry, the United States Securities and Exchange Commission (SEC) has filed an appeal against the court’s ruling in July 2023, stating that programmatic sales of XRP are not considered securities. Following this new appeal, Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse has fired

Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has openly slammed the United States Securities and Exchange Commission (SEC) for its most recent legal move, marking a significant step in the ongoing dispute over XRP and the blockchain payment firm.  US SEC’s Appeal Move Receives Backlash From Stuart Alderoty The prolonged legal tussle between the US

Eighty-eight corporate leaders have joined forces in a letter endorsing US Vice President Kamala Harris’ presidential campaign. Chris Larsen, Ripple’s co-founder and executive chairman, was among the signers of the “strategic” letter to support the Democratic nominee. The significant endorsement comes just a day after Russian President Vladimir Putin revealed his support for Harris. Ripple

In a significant turn of events, a stay of the monetary penalties has been requested by the behemoth payment firm Ripple Labs as its lengthy legal dispute with the United States Securities and Exchange Commission (SEC) continues to unfold.  Ripple Takes Bold Step With Stay Request On Wednesday, the Ripple team in a letter filed

The long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC) ended (at least for now) following Judge Analisa Torres’ recent ruling awarding a $125 million penalty against the crypto firm. The verdict will have a massive impact on both parties, while an appeal from both sides is also on the cards. 

RippleX, the developer arm of Ripple, is partnering with OpenEden Labs to introduce tokenized US Treasury bills (T-bills) to the XRP Ledger (XRPL), according to an official press release from August 1. OpenEden Labs is a tokenization platform and announced the launch of its TBILL tokens, which are backed by short-dated US T-bills and reverse

Ripple CEO Brad Garlinghouse recently commented on the US Securities and Exchange Commission’s (SEC) long-running legal battle against his firm. This comes amid recent developments which suggest that the case could soon end.  SEC’s Lawsuit Against Ripple Could Come To An End “Very Soon” Garlinghouse mentioned during an interview with Bloomberg that the SEC’s case

In a thought-provoking session at the Fortune 2024 BrainstormTech conference, Ripple CEO Brad Garlinghouse addressed the division between Republicans and Democrats in the United States when it comes to crypto policy.  Expressing his discontent, Garlinghouse emphasized the need for a unified approach towards innovation, highlighting the importance of crypto technology which supports efficiency and reduces

There have been rumours that the US Securities and Exchange Commission (SEC) and Ripple may be in negotiations to reach a settlement. A former SEC official has stepped in and provided insights on why that might not be the case.  Former SEC Official Dismisses Rumors Of A Potential Ripple Settlement Former SEC lawyer Marc Fagel

Amidst ongoing broader efforts to align the cryptocurrency space with the White House policies, Ripple Chief Executive Officer (CEO) Brad Garlinghouse has publicly criticized the United States Securities and Exchange Commission (SEC) chairman Gary Gensler, underscoring the tensions between the digital asset industry and government regulators. Garlinghouse’s critique centers on what he sees as SEC

On July 3, 2024, Ripple Labs introduced a significant enhancement to its API environment called the “Try It” feature, now part of the Ripple Payments API documentation. This development marks a pivotal change in how developers can interact with the APIs by allowing them to execute real-time tests without the necessity for logins or real