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The U.S. Securities Exchange Commission landed a minor procedural victory in its lawsuit with crypto payment firm Ripple, as Magistrate Judge Sarah Netburn approved the agency’s request for a time extension in a Text-Only Order, despite Ripple’s opposition.
Ripple is forging ahead in its quest to improve the XRP ecosystem with huge advancements and recently offering developers a large cache of XRP to build on the XRPL
Ripple says the securities watchdog has delayed the resolution of the misguided lawsuit “long enough”.
The market has since made back some of those losses, gaining an extra $139 billion, with the global crypto market cap sitting at around $1.87 trillion.
Asheesh Birla, the general manager of RippleNet at Ripple, recently revealed that the company’s flagship XRP-powered remittance platform is on the brink of reaching global coverage.
Payment services provider Ripple is gearing up to further promote the development of multiple open-source projects on XRPL
Ripple, the blockchain tech firm best known for its XRP cryptocurrency, announced Wednesday that former senior advisor in the Obama administration Michael Warren has joined its board of directors.
The Bitcoin community is euphoric about the rejection of the EU’s plan to ban proof-of-work cryptocurrencies. However, Ripple proponents have used the opportunity to decry regulators’ bias.
Ripple executives and the XRP community are in celebratory mode over a favorable ruling made on Friday in the case with the SEC. Ripple CEO, Brad Garlinghouse called the ruling a “huge win”, adding that the case is bound to get more attention now.
Ripple is set to strengthen the Non-Fungible Token (NFT) support of the XRP ledger.