MAS Approves Ripple’s License for Digital Payment Token Services in Singapore

Ripple Markets APAC Pte Ltd announced on Wednesday that its Singapore subsidiary has been granted a payments license from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide regulated digital payment token services in the city-state.Ripple received in-principle approval for its Major Payments Institution (MPI) license application from MAS earlier this year. […]

Coinbase’s Battle with SEC Heats Up as Pro-XRP Lawyer Predicts Setback

Coinbase, a major player in the cryptocurrency space, is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC). According to lawyer John E. Deaton, who is known for his pro-XRP stance, the SEC may be on the brink of a major defeat. Deaton believes that Coinbase’s chances of success in its […]

Ripple Makes Fintech 100 List and Achieves Legal Victory Against SEC

Ripple, the company behind the XRP token, has been included in the Fintech 100 list for its work in modernizing cross-border payments. This recognition comes after the crypto firm achieved a legal victory against the US Securities and Exchange Commission (SEC). Ripple was also ranked 13th in Fortune Magazine’s “Best Workplace in Technology” for 2023 […]

Ripple Secures Major Payments Institution License in Singapore, XRP Price Surges

Ripple, a blockchain startup, has achieved a major victory by securing a full license to offer digital token payment services in Singapore from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide digital token payment services in the country and marks an important step towards the adoption of digital assets.The news of […]

SEC Appeal Rejected: XRP Price Surges, Bitcoin Minetrix Gains Buzz with Stake-to-Mine Mechanism and Audited by Coinsult

The SEC’s appeal to extend the ongoing court battle with Ripple Labs was rejected, causing the price of XRP (XRP) to surge over 7%. This legal win builds new momentum for XRP, which has been beaten down since mid-July’s huge jump. Given the positivity surrounding XRP’s latest legal win, Bitcoin Minetrix (BTCMTX) is gaining buzz […]

Kraken Sees Unprecedented Bitcoin Deposit, Speculation Mounts on $30K Breakout

Kraken, a US-based cryptocurrency exchange, has recently seen its most substantial Bitcoin deposit since 2018. This deposit of 14,924 Bitcoin has sparked speculation that the cryptocurrency could break beyond the $30,000 mark, as it has experienced a 5% price increase in the past week.On-chain data reveals that large-volume inflows on renowned exchanges like Kraken have […]

Ripple Secures Major Milestones in US and Asia

Ripple, the payment company led by Brad Garlinghouse, celebrated two major milestones yesterday. The first was in the United States, and the second in Asia. In Singapore, the company was granted a Major Payments Institution (MPI) license by the Monetary Authority of Singapore (MAS). This allows Ripple to provide digital payment token services and crypto […]

SEC Chair Gensler Faces Subpoena Threat Over FTX Documents and Climate Rule Info

Patrick McHenry, Chairman of the House Committee, has sent a strong message to Gary Gensler, Chair of the Securities and Exchange Commission (SEC), regarding the release of critical documents related to the FTX collapse and the SEC’s climate disclosure rule. In a tweet, McHenry expressed his frustration, stating that if Gensler withholds the requested documents, […]

US Court Draws Distinction Between Ripple Labs and Other Crypto Cases

The US court has drawn a distinction between Ripple Labs’ case and those of Terraform and LBRY. Judge Analisa Torres based her decision on the understanding and expectations of retail investors. The court highlighted that Ripple’s sales of XRP are not synonymous with the Terraform case, as retail investors would not expect XRP sales to […]