Category: XRP

Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO

Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S. Securities and Exchange Commission (SEC). In December, the SEC charged […]

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Sologenic to release its XRP Ledger-based DEX before the end of March

Sologenic will release its XRP ledger-based decentralized exchange (DEX) later in March. The platform enables on-demand tokenization of non-blockchain assets such as stocks, ETFs and commodities. Sologenic (SOLO), an ecosystem that enables trading and on-demand tokenization of assets such as stocks, ETFs and fiat on the XRP Ledger, will go live with its Sologenic DEX […]

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FXCoin and Ripple partner SBI test XRP based forward settlement with overseas companies

FXCoin and Sumitomo piloted an XRP based forward transaction from Japan to Singapore via the international remittance platform developed with SBI. The test aimed to demonstrate transactions between Japanese companies and foreign counterparties. The XRP based remittance platform for international payments developed by FXCoin Ltd. and SBI Holdings continues to make significant progress, as FXCoin […]

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MoneyGram suffers earnings hole after suspending Ripple partnership

After suspending the partnership with Ripple, MoneyGram is hit by an earnings hole. MoneyGram and Ripple are pursuing “alternatives” to continue the partnership, according to CFO Larry Angelilli. The Wall Street Journal has published a report on the suspension of the partnership between Ripple and MoneyGram and its consequences. As CNF reported, the decision was […]

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