XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

The regulator's stance contrasts with that of the U.S. Securities and Exchange Commission.

Japan's FSA Says XRP Not a Security: Report

Grayscale is moving to dissolve its XRP Trust — a move that comes days after it announced the liquidation of XRP positions from its Digital Large Cap Fund. The post Grayscale says it will dissolve XRP Trust, citing market reaction to SEC lawsuit appeared first on The Block.

Grayscale says it will dissolve XRP Trust, citing market reaction to SEC lawsuit

Cash proceeds from the Trust's liquidated XRP will be distributed to Trust shareholders, Grayscale said.

Grayscale Investments Begins Dissolution of Grayscale XRP Trust After SEC Suit

Japan's Financial Services Agency (FSA), the country's securities regulator, has confirmed to The Block that it views XRP as a cryptocurrency and not as a security. The post Japan's top securities regulator says XRP is not a security appeared first on The Block.

Japan's top securities regulator says XRP is not a security

Compound Labs general counsel Jake Chervinsky says Gary Gensler, who is widely expected to become the next chair of the U.S. Securities and Exchange Commission (SEC), will be favorable to Bitcoin (BTC). Chervinsky says Gensler could oversee the approval of the first Bitcoin ETF, which has routinely been rejected by the agency in the past. “Gary […] The post Top Crypto Lawyer Says New SEC Chief Will Boost Bitcoin – But XRP Is Another Story appeared first on The Daily Hodl.

Top Crypto Lawyer Says New SEC Chief Will Boost Bitcoin – But XRP Is Another Story

The Securities and Exchange Commission's Acting Enforcement Director Marc P. Berger led high-profile enforcement actions against cryptocurrency ICOs.

SEC Enforcer Behind $1.3 Billion Ripple Lawsuit Stepping Down

Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), Ripple is pressing forward to bring the XRP Ledger to central banks. The cross-border payments company is looking to hire three central bank technical partner managers, one for each of its offices in San Francisco, New York and London. Whoever fills the new […] The post Ripple Unveils Push To Bring XRP Ledger to Central Banks appeared first on The Daily Hodl.

Ripple Unveils Push To Bring XRP Ledger to Central Banks

The United Kingdom government appears to be cementing its position that XRP is an exchange token and not a security. Her Majesty's Treasury has published a new document outlining the UK's regulatory approach to cryptocurrencies and stablecoins. The report classifies XRP, Ethereum and Bitcoin as “tokens that are primarily used as a means of exchange.” […] The post UK Treasury Says XRP Is Exchange Token and Not a Security appeared first on The Daily Hodl.

UK Treasury Says XRP Is Exchange Token and Not a Security

Ripple chief technology officer David Schwartz and Venture Coinist founder Luke Martin are debating the utility of the crypto asset XRP. In a series of tweets, Martin questions XRP's use as a fuel for payments and says stablecoins pegged to traditional assets have the liquidity required to move money. “I asked [David Schwartz] what XRP […] The post What Is XRP's Use Case? Ripple Executive and Venture Coinist Founder Tackle Utility of Fourth-Largest Cryptocurrency appeared first on The Daily Hodl.

What Is XRP's Use Case? Ripple Executive and Venture Coinist Founder Tackle Utility of Fourth-Largest Cryptocurrency

Bitcoin

Ethereum

Litecoin

As the bitcoin and cryptocurrency market wobbles, the U.K. financial watchdog has issued a stark to people considering trying to jump onto the crypto bandwagon—you "should be prepared to lose all their money"...

As Bitcoin, Ethereum, Ripple's XRP And Litecoin Lose Billions, Watchdog Issues Stark Warning

Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory Chaos' in the US In a Twitter thread on his official profile, Garlinghouse […]

Ripple's CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon

Stuart Alderoty, Ripple's general counsel, says the U.S. Securities and Exchange Commission (SEC) has acknowledged XRP's use as fuel for cross-border payments. The SEC's acknowledgement of XRP's utility in Ripple's cross-border payment product, On-Demand Liquidity (ODL), can be found in the government agency's recent lawsuit against the San Francisco-based company. The section of the lawsuit […] The post SEC Acknowledges XRP's Use As Fuel for Cross-Border Payments, Says Ripple General Counsel appeared first on The Daily Hodl.

SEC Acknowledges XRP's Use As Fuel for Cross-Border Payments, Says Ripple General Counsel

Data and traders reveal the source of XRP's recent price rally could be Asia.

Asia's Retail FOMO Could Be Behind XRP's Rally Despite SEC's Lawsuit

Brad Garlinghouse is addressing the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple. In a lengthy tweetstorm, Ripple's CEO offers new details on the company's interactions with the SEC prior to the lawsuit, which alleges Ripple sold XRP as an unregistered security. “I'm not going to litigate the SEC's unproven allegations on Twitter, and […] The post Ripple CEO Reveals New Details on Interactions With SEC, Says Company Offered Incentives to Firms Using XRP appeared first on The Daily Hodl.

Ripple CEO Reveals New Details on Interactions With SEC, Says Company Offered Incentives to Firms Using XRP

Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.

Ripple ‘Tried' to Settle With SEC Ahead of XRP Suit, CEO Says

In a new thread of tweets, Brad Garlinghouse addressed questions surrounding the SEC's unregistered securities offering lawsuit against the firm. The post Ripple CEO Brad Garlinghouse responds to questions surrounding the SEC lawsuit appeared first on The Block.

Ripple CEO Brad Garlinghouse responds to questions surrounding the SEC lawsuit

Brad Garlinghouse took to Twitter to answer burning questions about the SEC's lawsuit regarding XRP sales.

Ripple CEO Says Firm Tried to Settle With the SEC

Ripple executive David Schwartz is analyzing the prospects of an Amazon-minted crypto asset. Speculation on Amazon's potential interest in entering the industry has been a hot topic in crypto circles for years, fueled by the company's patent filings and domain purchases. In a new post on Quora, the chief technology officer at Ripple says he […] The post Is Amazon Preparing To Launch Its Own Crypto Asset? XRP Architect Analyzes Odds That Retail Giant Will Enter the Space appeared first on The Daily Hodl.

Is Amazon Preparing To Launch Its Own Crypto Asset? XRP Architect Analyzes Odds That Retail Giant Will Enter the Space

With the sudden rise, XRP has replaced litecoin as the fourth-largest cryptocurrency by market cap.

XRP Climbs Back up Crypto Rankings With Near 50% Rise

Ripple's best path forward does not involve a lengthy courtroom battle with the U.S. Securities and Exchange Commission (SEC), according to a prominent crypto lawyer. Stephen Palley, a blockchain and digital currency lawyer at Anderson Kill, says the notion that the San Francisco payments firm could succeed in court and create a new legal test […] The post Here's What Ripple Can Do To Save XRP, According to Crypto Lawyer Steven Palley appeared first on The Daily Hodl.

Here's What Ripple Can Do To Save XRP, According to Crypto Lawyer Steven Palley

Cardano

Stellar

The value of the combined bitcoin and cryptocurrency market has surged to over $1 trillion as prices rise across the board...

Crypto Surges To $1 Trillion As Bitcoin, Ethereum, Ripple's XRP, Cardano And Stellar Price Soars

Finally, some good news for Ripple and XRP.

XRP Price Rebounds 30% in 24 Hours Despite Legal Challenges

Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.

Crypto Exchange Voyager to Suspend Trading of XRP

An online petition has gained over 35,000 votes asking the US government to consider XRP a currency.

XRP Petition to the White House Hits 35,000 Signatures

Payments startup Ripple is facing a fresh lawsuit from a multi-billion-dollar asset manager. Tetragon Financial Group Ltd. has filed a complaint against the San Francisco-based firm with the Delaware Chancery Court seeking to “enforce its contractual right to require Ripple to redeem” Series C preferred stock that the investment company holds. Tetragon also wants the […] The post Ripple Faces New Lawsuit While Institutional Giant Removes XRP From Large Cap Fund appeared first on The Daily Hodl.

News for XRP Crypto (XRP)