Ripple

The post Ripple Sets Sights on Stablecoin Market with ‘RLUSD’ Trademark appeared first on Coinpedia Fintech News Ripple Labs, the company behind the popular XRP cryptocurrency, has sent shockwaves through the crypto community with a recent trademark filing. The name? RLUSD. The application was filed on May 7 to the U.S. legal database Justia. While Ripple hasn’t officially confirmed anything, speculation is running rampant that this could be the ticker symbol for their upcoming dollar-pegged stablecoin. What is RLUSD and…

The SEC has filed its final rebuttal against Ripple’s request to seal financial documents. The SEC argues that the financial details are crucial for determining penalties, while Ripple claims disclosure could harm its competitive position. The legal confrontation between Ripple Labs and the US Securities and Exchange Commission (SEC) has reached a pivotal moment. On May 20, 2024, the SEC filed a comprehensive rebuttal to Ripple’s request to seal certain financial documents. This marks the final submission before Judge Analisa…

Donald Trump’s 2024 campaign now accepts cryptocurrency donations, signaling strong support for blockchain technology. Trump’s approach contrasts sharply with the previous administration, highlighting a possible shift in U.S. crypto policy. According to the official website for Donald J. Trump for President 2024, Inc., supporters can now contribute to Trump’s campaign using cryptocurrencies. This initiative underscores Trump’s commitment to American innovation and freedom, positioning him as a frontrunner in embracing new technologies aimed at revitalizing America’s greatness. Strategic Moves in Crypto…

Signifying a new stablecoin based on the dollar, Ripple files the trademark RLUSD. XRP is priced at $0.5349, up 6.66% in the last week. By registering a new trademark for the term “RLUSD,” Ripple has moved a big step closer to introducing its planned dollar-based stablecoin. This May 7 trademark registration filed with the U.S. legal database Justia suggests the stablecoin’s potential listing symbol, which was echoed by crypto influencer Good Morning Crypto. While Ripple hasn’t officially announced anything, the…

The post Ripple Files Trademark for RLUSD Stablecoin appeared first on Coinpedia Fintech News Ripple has filed a new trademark for the RLUSD stablecoin, instead of ‘USDR’ or ‘USDX’. The application for the RLUSD trademark was lodged with Justia, a U.S. legal database, on May 7. This move relates to the stablecoin Ripple intends to introduce in 2024, confirming speculation that RLUSD is likely to be the ticker symbol for Ripple’s forthcoming stablecoin. This decision has sparked diverse opinions among…

The SEC strongly opposes Ripple’s attempt to seal sensitive documents, highlighting the importance of public access to crucial information. Despite legal challenges, Ripple’s XRP token demonstrates a positive market trend, reflecting robust investor confidence. In a recent development that captivated the cryptocurrency community, the SEC has reiterated its objection to Ripple Labs’ motion to seal certain documents pivotal to the XRP token sale lawsuit. According to blockchain expert Collin Brown’s tweet, this legal tussle highlights a significant clash over the…

Dogecoin flipped Toncoin today to become the eighth-largest crypto in the market, sparking speculation on whether it can flip XRP, which has stagnated in price. DOGE has a strong case, including the support of Elon Musk and use for payments at Tesla, the industry-wide meme coin bull rallies, and a strong community. Dogecoin has gained 7.7% in the past 24 hours to trade at $0.164 for a $23.67 billion market cap. In the process, it has flipped Toncoin, which only…

Ripple CTO David Schwartz gave an explanation of the company’s decision to liquidate its XRP holdings. Major developments are still in the legal dispute between Ripple and the SEC. The growing XRP token sales by major blockchain company Ripple have drawn criticism on several occasions. The Chief Technology Officer (CTO) of Ripple, David Schwartz, gave an explanation of the company’s decision to liquidate its XRP holdings. Let me explain the strategy again: Say Jeff has a total tax rate on…

The post Ripple vs. SEC: Legal Analyst Bill Morgan Exposes SEC’s Flaws in XRP Lawsuit appeared first on Coinpedia Fintech News The never-ending legal battle between the SEC and Ripple Labs, Inc. continues to attract attention from the crypto space. In the latest development, the SEC opposed Ripple’s motion to seal and redact certain evidence relating to the parties’ briefing on remedies.  Legal analyst Bill Morgan has criticized the SEC’s stance while pointing out critical inconsistencies and distinctions among the…