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 […]
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 […]
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 […]
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” […]
Ripple CTO David Schwartz recently went to Twitter to discuss with community members why banks were reluctant to adopt XRP as a bridge in the midst of a challenging year for the payments-focused cryptocurrency. Schwartz explained last week during an exchange with a member of the Ripple community that there are a set of obstacles […]
With a Swiss crypto bank named Syngnum, the Japanese financial giant and Ripple partner SBI is set to launch an unlisted securities fund and will aim at European and Asian investors. The companies hope to raise “up to USD 66.3 million by 2021,” according to a Nikkei report, as well as press releases from both […]
Tim Draper, the prominent venture capitalist and tech billionaire who bought nearly 30,000 Bitcoin (BTC) seized from the Silk Road, has revealed at least half a dozen different crypto assets in his digital currency holdings. Draper revealed that his holdings include Bitcoin Cash (BCH), Ripple (XRP), Tezos (XTZ), and Aragon (ANT) at a recent investment […]
In the first quarter of the year, after a drop in its sales of XRP tokens. The California-based fintech company Ripple sold more in the second quarter thanks to demand from institutional buyers. Total sales of Ripple’s XRP ended in the second quarter at USD 32.55M, compared to USD 1.75M in the first quarter. A […]
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 […]
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 […]