ODL

The post Pro-XRP Lawyer Bill Morgan Questions Judge’s Ruling on ODL Sales appeared first on Coinpedia Fintech News Pro-XRP lawyer Bill Morgan recently expressed concerns about Judge Torres’s handling of Ripple’s case against the SEC. Morgan believes the judge’s decisions on XRP sales, especially those related to On-Demand Liquidity (ODL), lack clarity and proper analysis. ODL Sales: A Cloud of Uncertainty Bill Morgan notes that Judge Analisa Torres has treated ODL sales of XRP similarly to institutional sales but hasn’t…

The post Ripple vs SEC: SEC Accuses Ripple Over ODL Sales Mirror Past Violations appeared first on Coinpedia Fintech News The long-standing legal dispute between Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn, intensifying the debate over Ripple’s On-Demand Liquidity (ODL) sales.  Recent developments and allegations by the SEC accuse Ripple of engaging in ODL sales practices similar to the conduct that previously resulted in violations. As the trial progresses, the legal experts have…

Renowned digital asset researcher Anderson’s bold claims suggest that Ripple is poised to launch a stablecoin tailored for U.S.-based On-Demand Liquidity (ODL) customers. Ripple’s strategic move to introduce a stablecoin for U.S. ODL transactions underscores its efforts to maintain its foothold in the U.S. market amidst regulatory scrutiny. Renowned digital asset researcher Anderson has put forward assertive claims regarding Ripple’s forthcoming stablecoin, proposing a link with On-Demand Liquidity (ODL). In a recent post on X, Anderson suggested that Ripple intends…

The post Ripple Lawyer Clarifies ODL Sales Not Investment Contracts, Defends Against SEC appeared first on Coinpedia Fintech News As the Ripple vs SEC legal battle escalates, the blockchain payments firm has filed an opposition citing that XRP sales on ODL do not count as investment contracts. Pro-XRP lawyer Bill Morgan has made a compelling argument regarding Ripple’s On-Demand Liquidity (ODL) sales. Moreover, he emphasized that these ODL sales do not constitute investment contracts. Morgan’s assertion comes amidst Ripple Labs’…

More firms are now using Ripple and XRP to send money across borders. This information was revealed by Ripple's team on May 7, 2020. According to the team, BTC Markets added XRP to its exchange in 2018. Since then, the cryptocurrency asset has been able to bring more sustainable growth for the biggest exchange in Australia, being a source of liquidity for faster and cheaper cross-border payments. Towards the end of 2019, the exchange became a partner with Ripple and applied for…

When it comes to cryptocurrencies, Bitcoin is known for being the leading coin in terms of market capitalization and dominance. It is such that it is referred to as the benchmark cryptocurrency and market analysts use its performance to forecast the entire market direction. People in the cryptocurrency space hold different opinion regarding the performance of Bitcoin and altcoins. According to a trader and technical analyst known as TraderSZ, the performance of altcoins will be better than that of Bitcoin…

MoneyGram is utilising On-Demand Liquidity, which is a cross-border payment solution powered by Ripple. The On-Demand Liquidity is now available in the five global payment corridors. Recently, Ripple’s senior official, Asheesh Birla noted the firm’s progress with their corporate partners. On the other hand, Bitso also moved $18 million of remittance through XRP at the end of 2019, and its growth is currently at 15% to 20% weekly. Birla also pointed out that MoneyGram is now active in five corridors,…