XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Videos

How the Ripple Labs Ruling Could Shape Future U.S. Crypto Regulation

Ripple Labs won a partial victory in its legal battle against the SEC after a U.S. federal court ruled yesterday that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. "The Hash" hosts discuss the latest developments and the implications for crypto regulatory clarity in the U.S.

Jul 14, 2023

Finance

XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace

Binance.US joins rival crypto exchanges including Coinbase, Kraken, Bitstamp in listing XRP for trading.

By Sage D. YoungJul 14, 2023

Videos

Bitcoin Breaks Above $31K as XRP Ruling Bolsters Optimism

Bitcoin (BTC), XRP, and most other major cryptocurrencies are rallying Friday on the news of a judge ruling that the sale of Ripple's XRP tokens on exchanges and through algorithms did not violate federal securities laws. CoinRoutes CEO and co-founder Dave Weisberger discusses the impact of the XRP ruling on the crypto markets.

Jul 14, 2023

Videos

Understanding Ripple's Partial Courtroom Win on XRP; Russia Inches Toward a CBDC

Host Angie Lau breaks down the surge in XRP’s price after a New York Court ruled the sale of XRP tokens on exchanges did not constitute investment contracts. Plus, insights on the CBDC development in Russia and the controversy surrounding Arkham Intelligence's new service that reveals the owners of digital wallets. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Jul 14, 2023

Finance

Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham

The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.

By Will CannyJul 14, 2023