Search Results for: Ripple

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In the midst of a legal battle in the US, Ripple is looking to merge with an Asian company

Ripple, a major blockchain company based in the United States. That is still embroil in a legal battle with American regulators. Has agreed to buy a 40% stake in Tranglo, an Asian cross-border payments specialist. TNG Fintech Group will remain the majority shareholder in Tranglo after the transaction closes this year, according to Ripple, who […]

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Ripple listed as a Wyoming business

Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming. According to records from the Wyoming Secretary of State. Ripple Markets WY LLC’s status as a local business listed as “active” after an initial filing in February 2020. As a limited liability company in Wyoming, Ripple’s registered agent based in Cheyenne. “More crypto […]

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In Bitcoin, former Ripple CTO may have lost much more than $220M

Ripple’s current Chief Technical Officer, David Schwartz, is responding to reports. That his predecessor had lost access to hundreds of millions of Bitcoin dollars. In a Quora post on Thursday, Schwartz said that recent reports about former Ripple CTO Stefan Thomas. Forgetting the password for an encrypted hard drive containing thousands of Bitcoins (BTC) were […]

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Following volatile Q3 for XRP, Ripple opens office in Dubai

Ripple has established a regional office in the Dubai International Financial Centre, or DIFC, according to a Nov. 7 announcement. For its “innovative regulations.” the blockchain-based payments firm reportedly chose the location. The DIFC website states that the special economic zone serves more than 2,500 companies. As a “independent regulator” with a “proven judicial system” […]

YouTube Says It is Immune to Ripple’s Lawsuit

YouTube, the video-sharing giant, claimed that it can not be held responsible for third-party content, and thus wants the case brought against it by American blockchain company focused on Ripple payment technology-withdrawn. YouTube claimed in a notice to dismiss the charges against it that Ripple ‘s arguments are barred under Section 230 of the Communications […]

Ripple Joins the ISO Global Standards Body for Cross-Border Payments

Ripple has become a member of the ISO 20022 standards body which is pushing a new payment and data communications technology system between global financial institutions. The company claims to be the group’s first centered distribute ledger technology (DLT). And that involves a range of international commercial and central banks alongside payment processing organizations such as SWIFT and […]

Ripple Hit With Another Lawsuit Alleging Violations of XRP Security Law

Attorneys for a company named Bitcoin Manipulation Abatement LLC have filed a complaint in a U.S. federal district court claiming Ripple deceived investors. And marketed XRP in violation of federal law as an unregistered security. The enigmatic company with little online presence accused Ripple and its Chief Executive Officer (CEO) Brad Garlinghouse of raising more […]