$109,974.00
-0.10%$2,804.28
3.46%$2.30
-0.66%$672.50
0.89%$164.40
2.33%$0.999769
-0.00%$0.197021
0.92%$0.291273
1.54%$0.714583
0.37%$2,802.47
3.62%$109,973.00
-0.04%$41.74
7.77%$3,377.55
3.37%$3.45
0.32%$15.30
5.77%$22.33
1.39%$441.57
3.79%$0.279679
1.85%$3.34
0.20%$8.87
-2.63%$0.00001327
0.96%$0.180688
1.44%$2,801.45
3.70%$2,993.24
3.46%$0.999638
-0.00%$92.93
2.25%$4.28
2.39%$336.72
1.44%$0.998995
-0.16%$1.001
-0.00%$4.81
0.23%$0.000013
2.06%$8.50
23.12%$109,959.00
0.01%$0.643555
1.04%$306.65
6.98%$31.34
-1.01%$425.12
0.20%$1.18
0.03%$6.14
1.61%$2.65
3.73%$53.82
1.53%$5.12
2.84%$0.101603
0.45%$1.00
0.00%$0.893853
1.50%$18.48
2.64%$198.68
2.42%$1.054
-0.01%$30.92
-1.43%$0.089675
-1.68%$0.679982
3.23%$0.02602383
2.28%$0.366388
6.71%$18.38
-0.56%$0.998216
-0.22%$10.88
0.15%$4.13
1.47%$0.814785
1.85%$4.58
2.96%$109,852.00
-1.34%$0.226162
3.09%$0.40869
9.90%$4.44
0.93%$0.089327
7.32%$1.17
1.06%$2.72
3.72%$0.207218
2.96%$122.68
1.14%$2,799.88
3.48%$4.61
1.12%$0.997854
-0.13%$2.19
2.80%$1.57
10.36%$0.495302
2.20%$1.00
0.04%$0.998739
-0.12%$173.57
1.98%$11.44
0.77%$0.00001776
1.57%$2.08
3.52%$13.87
0.80%$1.34
10.92%$3,188.95
3.38%$2,933.18
3.81%$0.402941
0.66%$1.25
-0.33%$0.01858121
-0.98%$0.718111
8.19%$4.15
-0.18%$0.206533
4.53%$0.713169
1.53%$0.066774
10.02%$2,995.37
4.08%$0.999976
-0.03%$1.021
-0.65%$109,826.00
0.08%$0.545069
1.09%$2,936.56
3.69%$0.999265
-0.10%$0.999567
0.03%$0.726125
4.21%$0.101616
3.18%$2,940.22
3.46%$0.597277
-0.64%$0.00009568
4.33%$671.76
0.78%$110,093.00
0.11%$0.985028
10.88%$109,786.00
-0.49%$183.21
2.46%$0.144649
1.14%$2.60
5.20%$51.49
0.35%$3,334.25
0.17%$0.824315
1.53%$3,345.58
0.21%$24.24
9.25%$213.60
2.46%$0.01772117
2.05%$0.196228
2.75%$0.01550214
5.28%$0.01194296
8.73%$0.128645
2.70%$0.299677
2.05%$2.18
12.85%$4.47
2.92%$0.534997
0.18%$2.47
-0.78%$0.00000072
0.58%$1.11
0.05%$111.38
0.01%$34.52
0.11%$0.999606
-0.01%$0.66655
2.14%$0.620768
3.99%$0.397268
3.42%$2,801.84
3.55%$0.997384
-0.00%$2.01
-0.16%$1.76
1.34%$109,538.00
-0.19%$41.77
7.97%$0.228117
-1.16%$2.05
1.01%$2,940.51
4.30%$0.735666
0.48%$1.091
-1.83%$0.059051
-1.58%$2,992.76
3.81%$2,802.82
3.76%$1.00
0.02%$0.300807
1.73%$3,029.95
3.58%$60.01
18.88%$2.97
-0.92%$9.36
1.15%$1.33
5.11%$109,943.00
0.01%$0.01544863
-1.24%$0.485249
10.90%$109,994.00
0.52%$2,805.47
3.82%$1.68
6.96%$0.430127
8.80%$0.196564
0.76%$0.501485
-7.06%$0.599705
8.05%$0.997945
0.05%$0.14694
4.28%$0.4505
-1.01%$7.34
6.86%$0.60671
6.80%$0.00475777
-1.66%$0.499009
47.94%$41.90
8.29%$16.04
1.43%$0.00002286
1.95%$6.43
1.83%$1.37
4.85%$0.04956299
-0.46%$1.59
4.56%$2,787.35
3.10%$0.086259
-0.76%$1.00
-0.03%$0.061188
-0.48%$0.600805
0.39%$0.170582
8.08%$2.68
3.69%$105,826.00
-0.52%$0.00000111
0.30%$0.999799
-0.00%$0.00745735
1.72%$0.00000043
1.69%$0.169957
3.54%$1.76
-0.27%$0.00457512
5.92%$2,976.90
3.68%$1.098
0.84%$37.50
2.03%$0.992647
-0.43%$0.406648
1.22%$0.999764
-0.02%$0.04047085
1.89%$3,086.86
3.57%$1.42
5.00%$0.01985733
2.12%$0.583563
1.73%$0.999378
-0.04%$3,059.28
3.77%$2,800.01
3.45%$0.078913
1.81%$0.361017
-1.29%$0.00685309
0.27%$109,852.00
-0.08%$0.837828
2.38%$0.03502888
2.98%$179.27
2.68%$129.91
2.03%$108,866.00
-1.16%$0.00406812
0.41%$22.37
1.58%$0.00006221
1.20%$0.226121
3.13%$2,795.11
3.64%$8.15
-4.83%$0.744099
2.42%$19.84
-0.27%$0.00397313
-9.50%$0.699117
1.84%$1.00
0.05%$0.226003
4.36%$0.998046
-0.11%$0.00451509
2.32%$0.00344261
0.89%$0.01993569
-9.13%$2.55
0.88%$0.312303
0.90%$0.999875
-0.01%$0.123276
-1.41%$0.502001
1.98%$0.295327
-0.30%$27.05
1.53%$0.00000144
-1.84%$110,294.00
0.12%$17.32
2.93%$3.13
8.16%$1.008
0.10%Reading
Software company Ripple Labs is hoping American banks will start using XRP and its other products following a legal ruling interpreted as positive by investors last week.
In an interview with CNBC, Ripple’s general counsel Stu Alderoty said he expected U.S. banks to go back to using the fintech firm’s On-Demand Liquidity (ODL) product.
Ripple Labs is a San Francisco-based company which launched to help banks and other financial institutions move money quickly and cheaply via blockchain technology. It is the company behind the fourth largest cryptocurrency by market cap, XRP.
Major banks and companies in the U.S. and around the world are already using crypto and its underlying technology for payments. JP Morgan last month went live with its first blockchain transaction for Europe-based corporate clients in Europe using its own token, JPM Coin.
And German software giant SAP has announced an experiment to try and speed up overseas payments using Circle’s USD Coin stablecoin.
In 2020, the U.S. Securities and Exchange Commission hit Ripple with a $1.3 billion lawsuit, alleging that the company misled investors and was flogging unregistered securities in the form of XRP.
But last week, federal district judge Analisa Torres of the Southern District Court of New York ruled that programmatic sales of XRP to retail investors did not qualify as securities.
Decrypt EIC Dan Roberts and Executive Editor Jeff Roberts, co-authors of the "Roberts On Crypto" weekend column, discuss the very latest on the SEC’s case against Ripple, which has pivotal implications for the crypto industry. Jeff talks Brad Garlinghouse, Gary Gensler, Uniswap, regulation of DEXs, and more. As always, viewers can submit their questions for our Decrypt LIVE talks ahead of time in our Discord.
In a mixed ruling, the judge added that $728 million worth of contracts for institutional sales did constitute unregistered securities sales—but it was still interpreted as positive by many and the price of XRP soared, bringing many digital coins and tokens with it.
Aldeory told CNBC Friday that he was hopeful the decision would “give financial institution customers or potential customers comfort to at least come in and start having the conversation about what problems they are experiencing in their business, real-world problems in terms of moving value across borders without incurring obscene fees.”
He added that Ripple was hoping for a lot of “conversations” with U.S.-based customers this quarter following the judge’s decision.
Ripple is continuing its expansion into Latin America. The software company founded by the creators of the cryptocurrency XRP today announced it has signed a deal with Colombia’s central bank to explore central bank digital currency (CBDC) technology. Ripple said in its announcement that the Central Bank of Colombia and Ministry for the Information and Communications Technologies (MinTIC) would use Ripple’s CBDC platform to “pilot use cases that will enhance Colombia’s high-value payment syste...
Ripple has been expanding outside of the States recently: the company’s blockchain, XRP Ledger, has been trialed for transparency purposes not necessarily related to finance. For example, Colombia’s government last year announced it would use the technology to make land ownership more transparent.
About three in five Fortune 500 companies are working on blockchain initiatives, Coinbase found in its State of Crypto second quarter report based on questions posed to executives from these firms. Roughly half the participants said that their companies had increased spending on blockchain while one in five said it was a key part of their firms' strategies, although many also expressed concerns about regulation. "So, the future of money is here and it has only just begun," the report said. "But...
American Bitcoin, a bitcoin mining firm backed by Donald Jr. and Eric Trump, has amassed 215 Bitcoin since its debut in April, according to a recent disclosure from the company to the U.S. Securities and Exchange Commission. In a filing dated June 6, the digital asset mining firm disclosed it had 215 Bitcoin in its reserves as of May 31. The tokens are worth $23.7 million based on current prices. Bitcoin was recently trading at $110,300, according to the same data provider, CoinGecko’s data sho...
Franklin Templeton Digital Assets said on Tuesday that it’s rolling out a new feature for its Benji platform that aims to improve upon existing standards for calculating and distributing yield via blockchain. The patent-pending feature, dubbed “intraday yield,” will track investors’ holdings of tokenized securities down to the second, allowing them to earn yield on assets that are held for only part of a given day, the 78-year-old bank said in a statement on Tuesday. This yield is calculated and...
