XRP Vs. Traditional Banks: Ripple CEO Sends Strong Message To Established Lea...
Ripple CEO Brad Garlinghouse recently commented on ongoing tensions between the crypto industry and traditional banking groups following public comments surrounding stablecoin yield negotiations at the White House. His response came after a series of posts on X involving journalist Eleanor Terrett and White House adviser David Sacks, ultimately resulting in Garlinghouse sending a message […]
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After publicly resigning from Ripple, former board member Jesse Powell now faces legal trouble with the company. Ripple is having a very messy week. First, co-founder Jed McCaleb publicly decided to liquidate his XRP, which comprised 20% of the entire market cap. Unsurprisingly, the price fell by over 50% during the subsequent 48 hours. After McCaleb's decision to sell his XRP holdings, Kraken CEO Jesse Powell announced his resignation from the Board of Ripple Labs in a candid post on the /r/Ripple subreddit. Following Powell's public resignation, a lawyer for Ripple Labs sent a....
Ripple CEO Brad Garlinghouse is calling out the unfair gap between crypto firms and traditional banks. According to the Ripple CEO, regulators hold crypto firms to higher standards, even when they already follow the same rules. Garlinghouse is urging fair oversight so all players in the financial system have an equal chance to grow as […]
Ripple Labs has sealed new partnerships that will bring its Ripple protocol to two US banks. According to the company's 24th September announcement, Kansas-based CBW Bank and Cross River Bank, located in New Jersey, will be the first American banks to adopt Ripple's open-source distributed transaction infrastructure. The news comes several months after Ripple inked its first deal with the banking sector, when German bank Fidor became the first institution of its kind to integrate the Ripple protocol. Like Fidor, CBW Bank and Cross River Bank will now be able to tap Ripple's low-cost....
Thursday, Blockchain company Ripple announced that it had raised $55 mln in funding. Accenture Ventures, SCB Digital Ventures, the venture arm of Siam Commercial Bank and Santander Innoventures are just a few of the investors who participated in the Series B funding. Additionally, Ripple has secured partnerships with major banks, including Standard Chartered, BMO Financial Group, and Shanghai Huarui Bank. In the near future Ripple plans to partner with even more banks, which are planned to use the service it provides to improve cross-border payments. Overall, Ripple has received over $93....
Pro-XRP legal expert Bill Morgan has voiced out his sentiments toward the US Securities and Exchange Commission (SEC) following the Commission’s decision to dismiss its claims against Ripple’s executives Brad Garlinghouse and Chris Larsen. Pro-XRP Lawyer Wishes SEC The Worst In a series of posts made on his X (formerly Twitter) platform, Morgan stated that […]