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Ripple Launchs Blockchain Payments in UAE with Zand and Mamo Ripple has launched its blockchain-powered cross-border payment platform, Ripple Payments, in the United Arab Emirates (UAE), furthering the country’s ambitions to become a leading hub for digital finance. This strategic rollout features collaborations with Zand Bank—the UAE’s first all-digital bank—and Mamo, a fintech firm offering payment solutions for businesses. Both institutions will leverage Ripple Payments to facilitate real-time, cros... Coinatory

SEC, Ripple Close $50M Deal, Ending XRP Legal Battle In a pivotal development for the digital asset industry, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs have reached a $50 million settlement, formally ending a years-long legal confrontation that has shaped regulatory discourse around cryptocurrencies. The long-running SEC vs. Ripple dispute has been resolved. To indicate their mutual decision to end the well-known lawsuit, both parties filed a joint filing with the U.S... SEC, Ripple Close $50M Deal, Ending XRP Legal Battle

Ripple Acquires Prime Broker Hidden Road in $1.25B Mega Deal In a landmark move for the digital assets space, blockchain-based payments network Ripple has announced the acquisition of multi-asset prime brokerage firm Hidden Road for $1.25 billion. This acquisition positions Ripple as the first cryptocurrency company to own and operate a global, multi-asset prime broker. Hidden Road, renowned for its institutional-grade clearing and financing services, processes over $3 trillion annually across more tha... crypto news today

Ripple Settles with SEC, Agrees to Pay $50 Million Fine Amid Regulatory Shift Ripple Labs has agreed to settle its longstanding legal battle with the U.S. Securities and Exchange Commission (SEC), marking a pivotal moment in the evolving landscape of crypto regulation. As part of the settlement, Ripple will pay a $50 million fine—less than half of the initially proposed $125 million penalty. The remainder, previously held in an interest-bearing escrow account, will be returned to the company. The settlement includes th... cryptocurrency news Coinatory

SWIFT-Ripple Partnership Rumors Resurface After Watcher.Guru Hack Recently, unverified rumors of a possible partnership between SWIFT and Ripple have sparked new conjecture among cryptocurrency enthusiasts. Before being disproved because of a security breach, the rumors, which assert that SWIFT may soon include XRP into its worldwide cross-border payment system, gathered steam on social media. A post on Watcher.Guru's official X (formerly Twitter) account made the first accusations, claiming that billions o... Coinatory news

SEC Could Approve XRP ETF on February 13 Amid Legal Uncertainty Grayscale Investments' plan to turn its XRP Trust into a spot exchange-traded fund (ETF) is anticipated to be approved by the U.S. Securities and Exchange Commission (SEC) as early as Thursday, February 13. According to financial journalist Eleanor Terrett, this timetable corresponds with the SEC's typical 15-day response window for 19b-4 filings, which Grayscale filed on January 30. The XRP ETF Initiative by Grayscale The goal of Grayscale's... Coinatory cryptocurrency news

RDC Expands Product Suite with XRP-Backed Securities According to a CoinDesk story, XRP-backed assets will be introduced by Receipts Depositary Corp. (RDC), a financial technology company established by former Citigroup executives. Through market infrastructure governed by US regulations, the effort seeks to give institutional investors access to XRP. A major step toward incorporating Bitcoin into the regulated U.S. securities ecosystem was taken about a year ago when RDC introduced the first B... cryptocurrency news

Ripple CEO Confirms Talks with Trump on XRP as U.S. Reserve Asset Brad Garlinghouse, the CEO of Ripple, revealed that he discussed adding XRP to the US strategic reserve with President Donald Trump. He maintained that a diverse cryptocurrency portfolio that included more than just Bitcoin would help domestic blockchain businesses and improve U.S. financial status. Garlinghouse emphasized that there is space for several victors in the cryptocurrency space and denied rumors that his support for XRP was a... crypto news

Ripple Lawsuit Still Listed on SEC Website Despite Rumors The dispute may be coming to a close, according to social media speculation that the U.S. Securities and Exchange Commission (SEC) had taken Ripple's civil action off from its website. Experts have verified that the case is still available online, but under altered headings on the SEC's website. When social media users noticed that Ripple's case was no longer included in the SEC's website's "Litigation Releases" section, the debate started. L... Coinatory

Ripple Seeks April Deadline for Cross-Appeal in SEC Case The deadline for Ripple Labs' cross-appeal brief in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC) has been set for April 16, 2025. Ripple co-founder Chris Larsen and CEO Brad Garlinghouse supported the move, which was filed on January 23, 2025, with the U.S. Court of Appeals for the Second Circuit. Michael Kellogg, a lawyer for Ripple, filed the document, which read as follows: Regarding the aforementione... cryptocurrency news today

Riot Platforms VP Slams Ripple for Undermining Bitcoin Reserve Riot Platforms Vice President Pierre Rochard has charged Ripple with spearheading a vigorous lobbying effort to thwart the creation of a Strategic Bitcoin Reserve. In an article published on X (previously Twitter) on January 23, Rochard said that Ripple is still spending millions to defend its story around XRP and support central bank digital currencies (CBDCs) in opposition to the popularity of Bitcoin. "They attacked Bitcoin mining during t... Coinatory cryptocurrency news

Ripple Donates $100K in XRP for California Wildfire Relief The well-known blockchain startup Ripple has donated $100,000 in XRP to help towns in California that have been devastated by wildfires rebuild. The payment, which was made via the bitcoin philanthropy website The Giving Block, highlights the growing significance of digital assets in charity contributions. Two well-known charity organizations will benefit from the donations: GiveDirectly, which provides direct financial transfers to impacted ... Coinatory news

Ripple Surpasses Ethereum as South Korea’s Second Favorite Crypto According to a recent survey by the Korean news organization News1, Ripple (XRP) is now the second-most popular cryptocurrency in South Korea, surpassing Ethereum (ETH). However, among South Korean investors, Bitcoin (BTC) remains the most popular option. Over 5,220 investors were asked about their preferred cryptocurrencies in the study, which was carried out between December 24 and December 26, 2024. According to the results, Ethereum came ... cryptonews

Ripple Co-Founder Donates $1M in XRP to Kamala Harris's Presidential Campaign Ripple co-founder Chris Larsen has made a significant cryptocurrency donation to support Vice President Kamala Harris's 2024 presidential campaign. The contribution, totaling $1 million in XRP, was directed to Future Forward USA, a political action committee (PAC) backing Harris, as confirmed by financial journalist Eleanor Terrett. This marks Larsen’s first recorded crypto donation, reinforcing his endorsement of Harris, which he initially anno... cryptocurrency news Coinatory

Ripple Counters SEC with Cross-Appeal in Ongoing Legal Battle Ripple Labs has officially announced its intention to file a cross-appeal in its high-profile legal case against the U.S. Securities and Exchange Commission (SEC). This counter-move comes as the SEC proceeds with its own appeal against the July 2023 ruling, which determined that Ripple’s cryptocurrency, XRP, cannot be classified as a security when sold on public exchanges. The SEC's appeal, filed on October 2, seeks to overturn the earlier co... crypto news today

Ripple Secures DFSA Approval to Expand Services in UAE Ripple has obtained in-principle approval from the Dubai Financial Services Authority (DFSA), allowing the blockchain company to extend its cross-border payment solutions across the Middle East. This development marks a significant step in Ripple’s international expansion, building on its existing presence at the Dubai International Financial Centre (DIFC). The approval enables Ripple to launch its Ripple Payments Direct service in the UAE, f... Coinatory cryptocurrencies news

Grayscale Launches XRP Trust: Is an XRP ETF on the Horizon? Grayscale Investments has introduced the Grayscale XRP Trust, granting accredited investors direct exposure to XRP, the native token of the XRP Ledger. The Trust operates similarly to Grayscale's other single-asset funds and is available for daily subscription to qualified investors, according to a Ripple press release. Although XRP's regulatory status remains uncertain due to the ongoing legal battle between Ripple and the SEC, Grayscale mai... Coinatory cryptonews

Ripple XRP Ruling Sets Retail Crypto Precedent: AMLBot CEO The recent Ripple v. SEC ruling has sent shockwaves through the crypto markets, resulting in a significant price surge for XRP. However, AMLBot CEO Slava Demchuk cautions that an appeal by the SEC could disrupt this positive momentum. Last year, Ripple's initial victory over the SEC provided a substantial lift to crypto markets, reinforcing the sentiment that retail crypto investments are not securities. This sentiment buoyed the prices acros... Coinatory news

Ripple CEO Criticizes SEC Over Inconsistent Crypto Regulations Brad Garlinghouse, the CEO of Ripple, has openly criticized the U.S. Securities and Exchange Commission (SEC) for what he describes as a hypocritical and confusing regulatory stance. In a recent post on X, Garlinghouse addressed the SEC's decision to temporarily halt allegations that the native crypto assets of Solana, Cardano, and Polygon are unregistered securities, as part of its ongoing lawsuit against Binance. Garlinghouse expressed his ... cryptocurrency news today

Even Erno Rubik would feel like Edward Scissorhands here. In the global-payments space Putting everything on its right axis – speed, precision, real-time nuances, user-friendliness, global ease, reliability, availability and unrelenting security on top of all this – yes, easier said than done. In the matrix of cross-border payments, some cube always gets left out. It never adds up – everything together. That’s the gap that is putting names like IBM, Stellar and even Russia government in the same breath as SWIFT. SWIFT or the Society for Worldwide Interbank Financial Telecommunication - The banking cooperative’s services tracing as far back as 40 years ago that spread to around 200 countries by ironing out kinks in payments. Y ... Read more about " Blockchain – Cue for a SWIFT-er world " on coinatory.com