The Motley Fool
NOVEMBER 3, 2024
The differences between XRP and other cryptocurrencies XRP is the native cryptocurrency of Ripple, a blockchain ledger which is used as a cheaper, faster, and more secure alternative to the widely used SWIFT (Society for Worldwide Interbank Financial Telecommunication) protocol for money transfers. To make matters worse, the U.S.
The Motley Fool
JULY 13, 2023
ET after Ripple scored a big victory in court when a federal judge ruled that XRP is not "necessarily" a security. Securities and Exchange Commission (SEC) sued Ripple several years ago, claiming the company sold XRP tokens without registering them with the SEC, which violated securities laws because XRP is in fact a security.
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The Motley Fool
SEPTEMBER 11, 2024
Its purpose is to move money across international borders with low fees, fast transactions, and unbreakable security. They also tend to come with unfavorable exchange rates, keeping more money in the payment processors' pockets. The courts have sided with Ripple, and the SEC might not file an appeal of that verdict.
The Motley Fool
JULY 13, 2023
Securities and Exchange Commission (SEC) and Ripple Labs, the creator of XRP (CRYPTO: XRP). based crypto exchange Coinbase (NASDAQ: COIN) traded nearly 18% higher as of 2:52 p.m. In late 2020, the SEC sued Ripple for raising $1.3 securities laws. securities laws. Shares of the large U.S.-based
The Motley Fool
AUGUST 25, 2024
Securities and Exchange Commission (SEC) lawsuit over the past four years. It says its blockchain can process real-time gross payments, remittance transfers, and currency exchange transactions at a faster rate with much lower fees. XRP's price jumped earlier this month after Ripple finally settled its SEC lawsuit.
The Motley Fool
AUGUST 11, 2024
The bulls had originally expected XRP to gain more traction as more companies routed their gross payments, remittances, and foreign exchange transactions through Ripple's blockchain. Ripple claimed its ledger could provide its customers with secure, instant, and "nearly free global financial transactions of any size with no chargebacks."
The Motley Fool
JULY 24, 2023
Image source: Getty Images The Securities and Exchange Commission (SEC) voted last week to change the regulations governing money market funds. In March 2020, money market funds experienced significant outflows due to the emergence of the COVID-19 pandemic. Why is the SEC making these changes?
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