Ripple

Damage Done: Coinbase is Delisting XRP

  • The avalanche of XRP delistings seems to have arrived, as Coinbase has just announced that the asset will not be tradeable on their platform after January 19.
  • The larger cryptocurrency community is torn on the issue, while XRP has lost two thirds of its price within ten days.

Ripple Profits From 2019 MoneyGram Investment

  • Ripple's 2019 investment in MoneyGram seems to be paying off, with the firm netting $15.3 million from selling 2.2 million of its shares in the remittance firm.
  • While the developer of XRP is planning to sell a total of 4 million MoneyGram shares, that only represents one third of its stake.

Ripple Continues To File For Trademarks In The U.S.

  • Last week the firm filed for yet another trademark, PayString, though the lack of information leaves us guessing what it will be used for.
  • 2020 has been a busy year for Ripple, as can be seen from the USPTO website, which shows the company has filed for 11 trademarks throughout the year.

Ripple Threatens To Move If SEC’s “Hostile” Attitude Doesn’t Change

  • Ripple's executive chairman, Chris Larsen, voiced his opinion that the "hostile attitude" towards crypto can only hurt the U.S..
  • While moving Ripple's headquarters would do little to lessen U.S. regulatory oversight, a softer host government would nonetheless help.

Santander Adds New Regions To Payments App In Collaboration With Ripple

  • Built by Santander and Ripple, the One Pay FX international payments app is now available in 19 additional regions.
  • The bank also enhanced its Ripple-powered payments system to allow instant transactions.

New Lawsuit Alleges XRP Sale Violated Security Laws

  • The new allegations are coming from the same firm which unsuccessfully tried to sue crypto derivatives exchange FTX for $150 million in November 2019.
  • The company, Bitcoin Manipulation Abatement, is looking to "recover damages" and obtain "compensatory damages".

TPBank To Provide Transparent Transactions Between Vietnam & The World Using RippleNet

  • Via the new remittance services a transaction between two countries can be settled in minutes.
  • Using RippleNet, TPBank plans to open new cross-border transaction corridors and eventually grow their operations into other countries.

The Oldest Bank In Thailand Goes Digital Thanks To Partnership With Ripple

  • SCB expects that its Outward Remittance Service should be of big interest to its 16 million customers.
  • Mobile payments are very popular in Asia and SCB Easy can transfer money to accounts in 40 seconds.

Ripple Enables Fast Cross-Border Remittance Services Between The U.S. And Mexico

  • MoneyGram has already implemented RippleNet’s On-Demand Liquidity service and is planning to expand its usage.
  • Intermex will reduce costs for one of the most heavily used remittance corridors – the one between the USA and Mexico.

Rumours About XRP Support on BitPay Confirmed

  • Gift card merchant eGifter and humanitarian organisation CareUSA will be the first merchants to accept XRP through BitPay.
  • Support for the cryptocurrency has been achieved through collaboration with Xpring.