Outside the U.S., Ripple has “been able to continue to grow the business in Asia and Japan because we’ve had regulatory clarity in those markets,” Garlinghouse added. “We’re seeing the activity of XRP liquidity has grown outside the United States and continue to grow in Asia, certainly in Japan.”
Citing SEC suit MoneyGram suspends use of Ripple ODL
The money transfer company is a high-profile user of Ripple’s international payments network as well as its XRP-based On-Demand Liquidity product
In it’s Q4 and full year financial results released today MoneyGram International revealed that it has suspended trading in XRP due to uncertainty over the Securities and Exchange Commission’s lawsuit. The agency has said XRP is an unregistered security illegally sold by Ripple over the past eight years.
Ripple angling to settle SEC lawsuit?
Charged with selling XRP as an illegally unregistered security, the international payments firm has been pugnacious but said it was open to settling in a filing released Monday
Previous discussions took place under former SEC chair Jay Cayton and his top lieutenants, whereas the new acting SEC chairman, Gary Gensler, has a more positive outlook, as well as a much deeper understanding of cryptocurrencies and the underlying blockchain technology. Gensler spent the last few years teaching cryptocurrency and blockchain at MIT, and has been a fixture at industry events.
Altcoins seize the spotlight: BTC takes a tumble, ETH slides
Starved of attention from its biggest backer in recent days, Dogecoin enjoyed a surge on Wednesday when Elon Musk declared he had bought DOGE for his son. But Cardano ruled the day
As bitcoin nursed a 3.5% loss and struggled to stay above $45,000, with Ether flat at $1,735, the real gains were to be seen in altcoins with a smaller market cap. Most notably, it was an impressive day for Cardano