Coinbase Vs. SEC over $150m in unlocked tokens LeapRate

January 15, 2024 BY Elizabeth Anderson

Coinbase Vs. SEC over $150m in unlocked tokens

Set to take place in Manhattan’s federal court on Wednesday, 17 January, the SEC states that Coinbase “violated national securities laws” by selling 13 unregistered crypto tokens. Its second accusation notes that Coinbase did not register its staking-as-a-service (StaaS) program, a method of verifying cryptocurrency transactions that rewards participants on their holdings. Coinbase, on the…

October 05, 2023 BY Elizabeth Anderson

Cryptocurrencies sliding in the face of rising US bond yields and overbought signals

Bitcoin was not the only cryptocurrency experiencing a decline. Ethereum also missed the mark, sliding below the $1,650 level. The global crypto market cap suffered a 0.89% blow, bringing its total value to approximately $1.08tn. Surprisingly positive results from the Job Openings and Labor Turnover Survey (JOLTS) strengthened 10-year bond yields, which are experiencing the…

SEC gets go-ahead to lodge partial appeal in Ripple case

June 22, 2023 BY Steffy Bogdanova

Ripple secures In-Principle Approval in Singapore from MAS

Ripple’s CEO, Brad Garlinghouse said: Singapore is a leading global financial center, and a prominent gateway to business in Asia Pacific. We’re incredibly proud to receive an in-principle license from the MAS, reaffirming our commitment to the region and ongoing proactive engagement with regulators globally. The MAS continues to be a global leader in establishing…

August 22, 2022 BY Steffy Bogdanova

Ripple introduces RippleNet’s ODL in Brazil

By using ODL, Travelex will deliver near instant settlement and constant access to liquidity, allowing its customers to better grow and scale their business. Travelex will support payments between Mexico and Brazil at launch, however the company revealed plans to support more corridors and use cases, including internal treasury and bulk small and medium-sized enterprises…

November 10, 2021 BY Steffy Bogdanova

Ripple reveals Ripple Liquidity Hub for enterprise customers

Ripple has used Liquidity Hub for two years for internal liquidity management as part of its On-Demand Liquidity (ODL) product. The new product, however, will be available for its of customers around the world, as well as any financial institutions, banks, fintechs or corporates. RippleNet GM Asheesh Birla said: We understand firsthand the need for…

April 30, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: ActivTrades turnover more than doubles in 2020, IS Prime offers liquidity via Fortex

International mining and digital asset trading network Apifiny has recently announced that US regulator, FINRA, has granted a broker-dealer license to its subsidiary firm, Apifiny Prime. The significant governing recognition means that Apifiny will join Gemini, Coinbase, Circle and eToro as one of the top exchanges on offer. However, it must be noted, however, that…

April 30, 2021 BY Steffy Bogdanova

Ripple hints at IPO amidst lawsuit settlement

With this in mind, Kitao added: We have been investing in fintech companies, and we adopt that technology in our group, and also we spread that technology across the industry. That is SBI Group’s basic strategy. Ripple CEO Brad Garlinghouse has made previous hints about the potential of a public offering from the firm, yet…

June 12, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: ATFX reports 37% growth in Q1, CMC Markets launches new Prime Derivatives platform

Husam Al Kurdi who recently joined SquaredFinancial as its new Chief Executive Officer sat down with LeapRate for an interview. Having spent two decades working in the financial and banking industry, he has acquired an international reputation for developing and managing sophisticated trading companies. He has been involved with the launch and running of a…

June 10, 2020 BY Steffy Bogdanova

Ripple lawyers move for dismissal of fraud charges in an XRP lawsuit

The lead plaintiff Bradley Sostack filed the complaint in the California Court with seven claims against Ripple and Brad Garlinghouse including unregistered offer and sale of securities and fraud claims against the defendants alleging that they made false or misleading statements regarding the virtual currency XRP. The lawsuit alleges that in a few instances the…

Ripple investors are a loyal lot, despite XRP posting YTD negative returns

January 09, 2020 BY Mariela Naydenova

Siam Commercial Bank launches an international payments app on Ripple

Thai Bank Siam Commercial Bank, or SCB for short, is the oldest bank in Thailand. SCB has now decided to collaborate with Ripple to create a cross-border payments app. The news was announced by Ripple on January 8th. According to the announcement, the mobile app will be called SCB Easy and will run on Ripple's…

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