• Ripple settle SEC lawsuit
    Rippe CEO Brad Garlinghouse says he's spoiling for a fight with the SEC, but a filing suggests the company might pay to make it go away (Photo: Leo Jakobson)
    Regulation,  Ripple,  XRP

    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

    February 16, 2021 /

    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.

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  • Ripple suit no slam dunk
    Is the SEC making a bad move in suing Ripple over XRP sales?
    Cryptocurrencies,  Regulation,  Ripple,  XRP

    Ripple suit no slam dunk for SEC: Grayscale attorney

    Suing to prove XRP is a security is bad regulation and bad strategy that Securities and Exchange Commission Chairman Gary Gensler should halt argues Joseph Hall

    January 27, 2021 /

    Calling the suit indicative of what was wrong with the agency’s treatment of cryptocurrencies under now-departed Chairman Jay Clayton, Hall called on Gary Gensler, the recently nominated SEC chairman who is currently a professor teaching digital assets and blockchain at MIT, to use the suit to “chart a different course” in its treatment of cryptocurrencies.

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  • Ripple advisor Michael Barr Comptroller Currency
    Michael Barr taught financial regulation at the University of Michigan and co-founded its International Transactions Clinic (Photo: University of Michigan)
    Regulation,  Ripple,  XRP

    Ripple advisor Michael Barr to be named Comptroller of the Currency: Report

    The former member of the international payments firm’s advisory board could become the nation’s second ‘fintech comptroller’

    January 21, 2021 /

    That would mean that the Biden Administration’s Comptroller of the Currency would have an affiliation with Ripple, a company being sued by the U.S. Securities and Exchange Commission for illegally selling an unregistered security—XRP—for a period of more than seven years.

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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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