XRP Lawsuit: How Many Pro-Ripple Amicus Brief Filed By Deadline

XRP Vs SEC Lawsuit News: The deadline for filing amicus brief in the XRP Vs SEC ended on November 18. Ripple received a flurry of amici brief in its support from various companies in the crypto ecosystem.

Timeline of Xrp

Amid its ongoing battle with the United States Securities and Exchange Commission (SEC), Ripple has announced that it is seeking to expand its presence in the European Union (EU). In an interview with CNBC earlier this week, Stuart Alderoty, General Counsel for Ripple, said that “effectively, Ripple is operating outside of the U.S.” as it stands due to its ongoing legal woes with the SEC.

XRP NEWS: XRP, Ripple's native crypto has been riding high over the positive outcomes from the vital SEC lawsuit. However, the recent FTX collapse has shocked and left the crypto market tumbling.

Ripple plans on expanding globally by a registering in Ireland, as most of its business is based outside the U.S. The post Ripple Sets Sights on Expansion into Europe with Ireland Registration appeared first on BeInCrypto.

Stuart Alderoty, who is FinTech firm Ripple's General Counsel, says that although his firm still has quite a lot of employees inside the U.S. (presumably since the headquarters are in San Francisco), it is “effectively” operating outside the U.S. On 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc.

Ripple is looking to gain a license from Ireland as the company seeks to expand its presence in Europe. The post Ripple seeks license from Irish regulator: CNBC appeared first on The Block.

In recent XRP-related news, Ripple Labs, the issuer of the XRP token, reported that it's seeking regulatory approval in the Republic of Ireland to enter the European market. Ripple is currently looking to obtain a virtual asset service provider (VASP) license and also has plans to file for the electronic money license thereafter.

Just yesterday, the Ripple Swell conference wrapped up, with CEO Brad Garlinghouse announcing massive milestones for the adoption of RippleNet and On-Demand Liquidity (ODL). One of the main focuses of the conference was on the development of Central Bank Digital Currencies (CBDCs).

Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.

Attorney and Ripple supporter John Deaton is launching a public campaign aimed at convincing lawmakers to probe Securities and Exchange Commission (SEC) chair Gary Gensler and his ties to Sam Bankman-Fried's FTX. Deaton's petition on Change.

In a piece of vital news related to XRP — Stably, a leading Seattle-based Web3 startup has announced the launch of its multichain $1 pegged stablecoin on XRP Ledger (XRPL). The stablecoin which goes by the sticker USDS, supports XRPL's mission to provide a sustainable and scalable platform for individuals and organizations.