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James Wallis, Ripple’s Vice President for Central Bank Engagements, recently shed light on the role central bank digital currencies (CBDCs) play in advancing global financial inclusion. In a fresh YouTube video, Wallis emphasizes the aim of extending financial services worldwide, particularly to those with modest incomes and no affiliations with
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James Wallis, Ripple’s vice president for central bank engagements and central bank digital currencies (CBDCs), has highlighted the role of CBDCs in advancing global financial inclusion in a brief video. Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no
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XRP, the cryptocurrency associated with Ripple, has been witnessing an upward price surge and market sentiment. So far this month, XRP has risen by over 37%. Analysts are now predicting further increases for the asset in the near term, buoyed by positive developments, including its legal victory against the U.S.
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Ripple’s XRP Ledger (XRPL) is rolling out an upgrade as part of a two-week activation countdown, with backing from over 80% of validators. The amendment aims to reduce obscured order books, improving XRPL’s overall functionality. XRPL introduces fixReducedOffersV1 XRPL is gearing up for new features, and users on the Ripple v1.11.0 or
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HSBC, which is one of the largest banks in the world, revealed that for now, its custody plans involve “tokenized securities issued on third-party platforms.” HSBC Holdings (LSE: HSBA), in partnership with Ripple Labs subsidiary Metaco, has announced plans to launch a digital assets custody service for institutional clients. The service
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With the current positive news surrounding XRP, the prevailing sentiment, and the increased participation of crypto whales, it is expected that the price will continue to rise. XRP’s market capitalization has surged to $36 billion, coming close to Binance Smart Chain (BNB), which boasts a market capitalization of $37 billion. This
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The SEC faces a series of legal challenges, including a recent rebuke from the Fifth Circuit Court, highlighting scrutiny over its regulatory decisions and potential implications for the cryptocurrency market. Recent legal proceedings have prompted commentary from Ripple’s Chief Legal Officer, Stuart Alderoty, regarding the United States Securities and Exchange Commission’s
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Ripple chief legal officer Stuart Alderoty has expressed reservations about the recent string of legal defeats suffered by the United States Securities and Exchange Commission during Gary Gensler’s tenure. These remarks follow another setback for the SEC in the Fifth Circuit Court after Ripple’s victory in the XRP lawsuit in
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Lawyers representing the United States Securities and Exchange Commission announced they will seek to dismiss all claims against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.In an Oct. 19 filing in U.S. District Court for the Southern District of New York, the SEC notified the court the parties involved in
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XRP has struggled to regain bullish price momentum this month, with the crypto going on six days of red candle close last
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