XRP

Given the recent SEC filing against Ripple Labs Inc, Kraken is halting XRP trading for U.S. users. The restriction is only for U.S. users and they have time until Jan 29, 2021, to liquidate any open XRP spot positions. According to the announcement released on Friday: After Jan 29, Kraken...

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  • January 16, 2021

Coinbase announced on Monday to suspend trading in XRP. Coinbase said that the trading will move into the limit only starting December 28, 2020, at 2:30 PM PST, and will be fully suspended on January 19, 2021, at 10 a.m. PST. There is also the possibility that Coinbase could halt...

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  • December 29, 2020

The Securities and Exchange Commission (SEC) announced on Tuesday it has filed the lawsuit against Ripple Labs Inc. and two of its executives – Ripple CEO Brad Garlinghouse and cofounder Chris Larsen- for raising over $1.3 billion through an unregistered, ongoing digital asset securities offering. In response, Brad Garlinghouse, the...

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  • December 24, 2020

The Securities and Exchange Commission (SEC) announced on 22 Dec that it has filed the lawsuit against Ripple Labs Inc. and two of its executives – Ripple CEO Brad Garlinghouse and cofounder Chris Larsen- for raising over $1.3 billion through an unregistered, ongoing digital asset securities offering. As per the...

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  • December 23, 2020

In an interview with the News outlet Cheddar, the Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert has said that it is not clear whether XRP is a security or a commodity. The CFTC chairman is working closely with the SEC to really think about “which falls in what box”,...

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  • January 14, 2020

TransferGo, a digital remittance solution for migrant workers is looking to move to Ripple’s On-Demand Liquidity (ODL) payment platform. Ripple’s On-Demand Liquidity (ODL) platform leverages XRP cryptocurrency as a bridge for cross border payments. In 2018 TransferGo partnered with Ripple to help Indian migrant workers send money from Europe to...

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  • November 26, 2019

MoneyGram, one of the world’s largest money transfer companies currently processes 10% of its U.S-Mexico transaction volume through Ripple’s On-Demand Liquidity (ODL) platform. Ripple’s On-Demand Liquidity (ODL) platform leverages on XRP cryptocurrency as a bridge for cross border payments. MoneyGram Chairman and CEO Alex Holmes announced the news at Ripple’s annual...

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  • November 9, 2019

Japan’s SBI Holdings yesterday announced that the firm will payout Interim Shareholder Benefits to shareholders in XRP cryptocurrency. The company will give 30 XRP cryptocurrency to each of the shareholders who hold 100 shares or more of SBI Holdings as of September 30, 2019. Eligible Shareholders will be notified by...

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  • August 29, 2019