Brad Garlinghouse, the talkative CEO of Ripple Labs and manager of the XRP token, has taken to the speaking trail to defend his product offering, but in an odd twist, his critics claim that he is trying to distance himself from the creation of the XRP token. Yes, his ongoing battle with the SWIFT organization…
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Ripple Labs, the crypto entity whose mission is to revolutionize the cross-border payments industry by replacing antiquated clearing organizations like S.W.I.F.T., seems to make headway with each announcement regarding its XRP-driven platform, but it appears to be one of those “two-steps-forward-one step back” kind of enterprises. Good news is usually followed by the executive team’s…
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The Financial Conduct Authority (FCA), UK’s primary regulatory watchdog, has finally recognized Ripple’s XRP token in a similar fashion as it has for Bitcoin (BTC) and Ethereum (ETH). The latter two crypto coin systems had already been classified as being an exchange or utility token, as opposed to being deemed a security and then subject…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 18, 2019. The text below is an excerpt and does not contain the full analysis. No doubt everyone wants to read about two major updates in the crypto market. Facebook has released some much-anticipated…
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