Coinbase Secures Clearance to Expand Crypto Derivatives to Retail Clients Outside US

The renowned US-based crypto exchange Coinbase has made a significant stride regarding its expansion efforts to non-US jurisdictions. In particular, Coinbase announced that its overseas arm, Coinbase International Exchange (CIE), has secured additional regulatory clearance from the Bermuda Monetary Authority (BMA). The exchange proclaimed the development in a recent post on the X platform. It…

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Ripple CLO Reacts to SEC Chair’s Congressional Testimony, Says “Gensler Didn’t Know What Hit Him”

Ripple’s chief legal counsel calls out SEC Chair Gary Gensler for evading questions in a recent Congressional hearing. Stuart Alderoty, the chief legal officer (CLO) for blockchain company Ripple, is the latest to share his thoughts on a recent congressional testimony by Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC).  …

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Cryptocom Adds XRP Trading Against Paypal USD

Following its partnership with PayPal and Paxos, leading exchange Crypto.com has introduced a new PYUSD trading pair for XRP.   Crypto.com has expanded its support for XRP by adding a new trading pair for the fifth-largest digital asset by market cap.  XRP/PYUSD Pair Added on Crypto.com In a tweet today, Crypto.com said it had added the…

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Ripple Identifies Effects of Increased Interest Rates on Businesses, Proposes Solutions

Ripple has released a report on the impact of escalating interest rates on cross-border payments for businesses worldwide, with viable solutions proposed. In the report titled “3 Biggest Challenges of Rising Interest Rates on Global Businesses,” Ripple noted that it surveyed a diverse group of enterprise respondents to gather insights into the effects of these soaring interest…

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XRPL-based App SpendTheBits Wins Ripple CBDC Innovate Competition Back-to-Back

In a recent tweet, Crypto Eri, a prominent XRP community influencer, shared exciting news regarding SpendTheBits, an XRPL-based crypto payment mobile app. Crypto Eri disclosed that SpendTheBits achieved consecutive victories in a contest hosted by Ripple. Specifically, SpendTheBits has again emerged as a victor in Ripple’s 2023 central bank digital currency (CBDC) Innovate Competition. Today!@SpendTheBits🥇has…

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Expert Sheds Light on XRP Ledger Clawback Amendment, Debunks Claims of Secret Amendments

Top XRP influencer WrathofKahneman disproves secret XRPL amendment claims and clarifies transparency in the XRP Ledger network. In a recent tweet, WrathofKahneman (WoK), a prominent figure in the XRP community, dispelled claims about the presence of secret amendment in the XRP Ledger (XRPL) ecosystem. “If someone tells you there are secret XRPL amendments, they are…

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