• MoneyGram ends Ripple partnership
    Ripple CEO Brad Garlinghouse tells Axios that the SEC lawsuit is bad for the whole U.S. crypto industry (Photo: Axios on HBO)
    Regulation,  Ripple,  XRP

    MoneyGram and Ripple part ways over XRP lawsuit

    The split comes a day after Ripple CEO Brad Garlinghouse said that ‘even if Ripple goes away, XRP will keep trading’

    March 8, 2021 /

    The move is the latest fallout from the U.S. Securities and Exchange Commission’s lawsuit against Ripple, its executive chairman Chris Larsen, and Garlinghouse. The suit says that the $1.3 billion in XRP sales made by Ripple over the past eight years, with $600 million made by the two executives, were illegal sales of securities.

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  • Ripple Malaysia Bangladesh remittances
    An SEC lawsuit didn't stop Ripple from scoring a partnership with Malaysian and Bangladeshi mobile payment firms (Photo: bKash)
    Ripple,  XRP

    Ripple wins contract to power Malaysia-Bangladesh remittances

    The partnership between Malaysia’s Mobile Money and Bangladesh’s top remittance service, bKash, comes despite an SEC lawsuit causing Ripple problems in the U.S.

    January 15, 2021 /

    Malaysian mobile finance firm Mobile Money will connect with Bangladesh’s largest mobile financial services provider bKash—and its 45 million customers—via the RippleNet system. The partnership comes at a good time for Ripple, which is struggling with a lawsuit by the U.S. Securities and Exchange Commission.

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