Blockchain solutions provider Ripple Labs was ordered by a federal judge to pay a civil penalty of $125 million in a case brought by the Securities and Exchange Commission (SEC) and centered on the company’s sale of its XRP token to institutional investors. The SEC...
Blockchain solutions provider Ripple is set to team up with Dubai’s DIFC Innovation Hub. The collaboration is designed to accelerate blockchain and digital assets innovation in the United Arab Emirates (UAE), Ripple announced Wednesday (Aug. 7), connecting developers with the DIFC Hub, home to more than 1,000 growth-stage tech companies,...
Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin. The coin will be backed 100% by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents, according to a Thursday (April 4) press release. “This is a natural step for Ripple to continue bridging the gap...
Federal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials who took to social media in advance of the publication of court documents scheduled for Tuesday (March 26) to criticize the Securities and Exchange Commission’s (SEC) proposed punishment. “The SEC plans...
August 09, 2024
One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and Exchange Commission (SEC), centers around whether Ripple’s XRP token is a security and has gone through several iterations since its 2020 start. On Wednesday (Aug. 7), the scales of justice fell […]
August 07, 2024
Blockchain solutions provider Ripple Labs was ordered by a federal judge to pay a civil penalty of $125 million in a case brought by the Securities and Exchange Commission (SEC) and centered on the company’s sale of its XRP token to institutional investors. The SEC had sought a total of $2 billion in civil penalties, […]
August 07, 2024
Blockchain solutions provider Ripple is set to team up with Dubai’s DIFC Innovation Hub. The collaboration is designed to accelerate blockchain and digital assets innovation in the United Arab Emirates (UAE), Ripple announced Wednesday (Aug....
April 04, 2024
Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin. The coin will be backed 100% by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents, according to a Thursday (April...
March 26, 2024
Federal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials who took to social media in advance of the publication of court documents scheduled...
